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Ytterbium
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September 25, 2013, 04:11:47 AM |
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New payment just came in. The period indicates a 166Gh/s hashrate (estimate) over this payment period. Over the past four periods the hashrate estimate would be 263Gh/s but that includes two of the previous once per hour payments. It's not clear what's going on, but there is still some hashing happening. The rate is still low enough that it could be their Avalons hashing only. But let's hope not  |
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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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Bitcycle
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September 25, 2013, 04:18:59 AM |
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If I had a company that was looking for a new exchange I'd make sure my shareholders were as well-informed about the state of the company as possible. I certainly wouldn't want to give them the impression that my product worked when in fact it did not.
That's the kind of thing that could make another exchange unwilling to accept you.
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damiano
Legendary
 Offline
Activity: 1246
Merit: 1000
103 days, 21 hours and 10 minutes.
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September 25, 2013, 04:26:52 AM |
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As much as I hate weexchange I'd have to vote bitfunder.
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KCBitcoin
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September 25, 2013, 04:29:20 AM |
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As much as I hate weexchange I'd have to vote bitfunder.
not like labcoin cares about their shareholders' vote |
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BitCsByBit
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September 25, 2013, 04:39:59 AM |
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As much as I hate weexchange I'd have to vote bitfunder.
not like labcoin cares about their shareholders' vote This is not a real update on anything that concerns the future of Labcoin but I figure sometimes just showing up is a good thing.
Me and Sam have been in close contact today and we are evaluating marketplaces for listing. So far we are looking at any possibilities including havelock (that already have a pass through listed), Bitfunder and even 796 (a Hong Kong based exchange), as well as running the shares as "direct shares" as per the ASICMINER model.
We are aware that the up coming closure of BTCT is a major event and besides hash rate increase this is something that we are working on finding the best possible solution to.
As the process matures we will post more information and likely ask for share holder input on listing place etc. we are however very confident that Burnside has records of share holders and holding as we will be making a decision on a new marketplace well in time before the final closure of BTCT.co.
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Tipsy jar: 1HgfLMXiJQj9KZ7abLRh9rWuR7dgeSyub4
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Luckybit
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September 25, 2013, 04:42:44 AM |
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The last payout interval is 5 hours (UTC 18:17 - UTC 23:07). Now is 3 hours after the last payment (UTC 2:12). It seems the hashing rate has decreased a lot. Now it's less than 250GH. What happened? There's no daily adding, but daily decreasing?
Welcome to Labcoin. You better sell your shares. Labcoin is winding down and we all know what that means...FUDFUDFUD |
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BitThink
Legendary
Offline
Activity: 882
Merit: 1000
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September 25, 2013, 04:47:58 AM |
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The last payout interval is 5 hours (UTC 18:17 - UTC 23:07). Now is 3 hours after the last payment (UTC 2:12). It seems the hashing rate has decreased a lot. Now it's less than 250GH. What happened? There's no daily adding, but daily decreasing?
Welcome to Labcoin. You better sell your shares. Labcoin is winding down and we all know what that means...FUDFUDFUD I think the price is low enough, FUD is not so meaningful now.  |
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kingcrimson
Legendary
Offline
Activity: 1025
Merit: 1000
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September 25, 2013, 04:49:25 AM |
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Bitfunder has the most traffic and volume, if you want your shares to be worth less then list somewhere else.
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BitThink
Legendary
Offline
Activity: 882
Merit: 1000
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September 25, 2013, 04:52:45 AM |
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Bitfunder has the most traffic and volume, if you want your shares to be worth less then list somewhere else.
Agree. |
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Bitcycle
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September 25, 2013, 04:56:04 AM |
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Bitfunder has the most traffic and volume, if you want your shares to be worth less then list somewhere else.
This is the main reason to list on Bitfunder. The share value will be higher there due to greater liquidity. It's worth whatever amount of time and effort they need to put into it. The effort will pay itself back for them many, many times over. |
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Sou
Full Member
Offline
Activity: 210
Merit: 100
(Bitcoin related text here)
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September 25, 2013, 05:02:49 AM |
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They were there before LC dropped off the list. I can't say they're not related, but they were there. Even if it was LC mining, it's not reflected in the mining wallet. |
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Duffer1
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September 25, 2013, 05:09:45 AM |
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TestTeam is listed under top all time shares found. It can't be Labcoin.  |
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KCBitcoin
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September 25, 2013, 05:15:36 AM |
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TestTeam is listed under top all time shares found. It can't be Labcoin. ah.. good point |
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Zubilica
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September 25, 2013, 05:19:15 AM |
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TestTeam is listed under top all time shares found. It can't be Labcoin. it may be BFL testing team |
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freedomno1
Legendary
Offline
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
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September 25, 2013, 05:22:59 AM |
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TestTeam is listed under top all time shares found. It can't be Labcoin. They need a better name I think the test succeeded  |
Believing in Bitcoins and it's ability to change the world
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Sou
Full Member
Offline
Activity: 210
Merit: 100
(Bitcoin related text here)
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September 25, 2013, 05:23:32 AM |
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@KCBitcoin if i was going to speculate on secret cover names i would go with "0 China BTC". I don't remember seeing them, they have a slightly higher hash-rate, and appear to be new-ish in terms of not being listed on all time most shares found.
In the spirit of wild speculation.
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BitThink
Legendary
Offline
Activity: 882
Merit: 1000
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September 25, 2013, 05:45:19 AM |
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There's no reason for them to change mining address in their testing, since the address was posted exactly for us to monitor the hashing rate.
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BitThink
Legendary
Offline
Activity: 882
Merit: 1000
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September 25, 2013, 05:49:36 AM |
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So it seems their 20TH will just suddenly be there at the end of next week, cause they've said that is 'a promise will not miss'. I really think they need to find another engineering team.
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