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Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) - page 219. (Read 1079974 times)

sr. member
Activity: 392
Merit: 250


People can't handle that Labcoin is succeeding.

YAAWWWWWWWWWWNNNNNNNNNNNNNN.

Just lol

edit: oh wow, looking at your recent posts I don't think you were kidding. Unbelievable
hero member
Activity: 588
Merit: 504
For what concerns the hashrate, as soon as we reach stability with another batch, we will merge it on btcguild

Quoting for reference..

Obviusly some of you can not read statements.
Another batch is mining but it is still not stable so it's not merged yet with team "labcoin" on btcguild, hence the bigger payouts.

sure, it's no problem to read it, but doesn't make it true
full member
Activity: 238
Merit: 100

Okay I barely tolerated you even though you were promoting your own put shares but this outright stupidity has forced me to ignore you.

Bye.
full member
Activity: 163
Merit: 100
for me makes sense, that their are first starting on another pool.

Europe and Asia are quite far away
full member
Activity: 238
Merit: 100
For what concerns the hashrate, as soon as we reach stability with another batch, we will merge it on btcguild

Quoting for reference..

Obviusly some of you can not read statements.
Another batch is mining but it is still not stable so it's not merged yet with team "labcoin" on btcguild, hence the bigger payouts.

Yeah.  Mining on another account, outside of the labcoin team, while they work on stability is consistent with their statement.

Okay I barely tolerated you even though you were promoting your own put shares but this outright stupidity has forced me to ignore you.
sr. member
Activity: 476
Merit: 250
For what concerns the hashrate, as soon as we reach stability with another batch, we will merge it on btcguild

Quoting for reference..

Obviusly some of you can not read statements.
Another batch is mining but it is still not stable so it's not merged yet with team "labcoin" on btcguild, hence the bigger payouts.

oh, we can read, but we don't believe anything they say, cause you know, they said they were mining with 2 TH/s 2 weeks ago and that they would have 4 TH/s online by now, which is obviously not the case.
full member
Activity: 238
Merit: 100
For what concerns the hashrate, as soon as we reach stability with another batch, we will merge it on btcguild

Quoting for reference..

Obviusly some of you can not read statements.
Another batch is mining but it is still not stable so it's not merged yet with team "labcoin" on btcguild, hence the bigger payouts.

Yeah.  Mining on another account, outside of the labcoin team, while they work on stability is consistent with their statement.
sr. member
Activity: 476
Merit: 250
Nope, we don't know.  And sure, they could very well be from a desperate pumper with 400Gh/s in his or her garage. People thought that it might be the case early on when payments started coming to this address, or that it might be the 3 old Avalons that one of the labcoin team members had.  That turned out not to be the case.
actually, it was the case with the deposits from Slush's pool.
full member
Activity: 238
Merit: 100
Silly pump attempts by Ytterbium. Back to ignore list.

The hashrate provided by the pool is the most precise indicator we can have. Payments can be highly affected by variance, and influenced by a troll mining to this address.

It's great that Labcoin is starting to do things right, no need to fake stuff - it will come to bite you.

There are still some puts available if anyone thinks the price will drop below 0.00073750 in the next 4 days. It's not one of those absurdly priced ones either, the premium is 0.00026250 vs. a 0.001 strike price.

You think LC is doomed but you don't think the price will drop even with the exchange closing in two weeks?  SRSLY?
legendary
Activity: 1038
Merit: 1000
Bitcoin entrepreneur and Pro Trader
For what concerns the hashrate, as soon as we reach stability with another batch, we will merge it on btcguild

Quoting for reference..

Obviusly some of you can not read statements.
Another batch is mining but it is still not stable so it's not merged yet with team "labcoin" on btcguild, hence the bigger payouts.
sr. member
Activity: 369
Merit: 250
People can't handle that Labcoin is succeeding.

being 2+ weeks behind schedule and having < .06% of the network is succeeding, now? 


Compared to every other asic manufacturer feels like they are doing really well tbh. BFL was delayed... how long?
full member
Activity: 238
Merit: 100
And the payments are not from other sites, they're from BTCGuild.
even if they are from BTCGuild, you don't know they are from Labcoin.
and IF they are from Labcoin, you don't know that they represent revenue on current mining

Nope, we don't know.  And sure, they could very well be from a desperate pumper with 400Gh/s in his or her garage. People thought that it might be the case early on when payments started coming to this address, or that it might be the 3 old Avalons that one of the labcoin team members had.  That turned out not to be the case.

Anyway, those are the numbers.
legendary
Activity: 1414
Merit: 1808
Exchange Bitcoin quickly-https://blockchain.com.do
People can't handle that Labcoin is succeeding.

being 2+ weeks behind schedule and having < .06% of the network is succeeding, now? 


Compared to what you have hashing in your parents basement, then yes
sr. member
Activity: 476
Merit: 250
People can't handle that Labcoin is succeeding.

being 2+ weeks behind schedule and having < .06% of the network is succeeding, now? 
sr. member
Activity: 420
Merit: 250


People can't handle that Labcoin is succeeding.

YAAWWWWWWWWWWNNNNNNNNNNNNNN.
sr. member
Activity: 476
Merit: 250
No, actually they don't Wink I explicitly said this was a daily (and a 2 day) average. If tomorrow's average is better, I would be glad Smiley

+1
Until you have BTCGuild confirming a higher hash rate or an average over a larger time frame, you can't assume that their hash rate has increased.
sr. member
Activity: 476
Merit: 250
And the payments are not from other sites, they're from BTCGuild.
even if they are from BTCGuild, you don't know they are from Labcoin.
and IF they are from Labcoin, you don't know that they represent revenue on current mining
newbie
Activity: 46
Merit: 0


So you're saying...

...they increased their hashrate as promised?

Actually my calculations would show a ~722 GH/s averaging yesterday and today. Averaging just today, it's ~748 GH/s. So not very promising.

Well, your calculations suck then Grin
[/quote]

No, actually they don't Wink I explicitly said this was a daily (and a 2 day) average. If tomorrow's average is better, I would be glad Smiley

EDIT: I'm only interested in sustained hash power. Certainly calculation based on every payment's timing is not the way to go here.
full member
Activity: 238
Merit: 100
ROFL @ whoever is buying Ytterbium's pump attempts.

Labcoin's statistics are visible at http://www.btcguild.com/index.php?page=rankings§ion=teams where their hashrate hasnt increased in 3 days. Some pumper (probably Ytterbium himself) is using his or her accounts at other mining sites and redirecting funds to labcoin's wallet. Labcoin does not have "hidden accounts", it has one account which is visible at the above link.


 Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes

I certainly wish I had 400Gh/s Grin

And the payments are not from other sites, they're from BTCGuild.  They're all paid at the 7, 17 or 47 minute mark, and I'm sure they all trace back to BTCGuild's 14cZMQk89mRYQkDEj8Rn25AnGoBi5H6uer  address.

I think you are right
https://blockchain.info/taint/17psAW21J4twanAFWmbcd5WdX2pKeX3trm

Who cares if they are from BTCguild? What does labcoin stand to gain from having multiple hashing accounts on BTCguild instead of on their publicly visible one? This line of logic is plainly absurd.
hero member
Activity: 577
Merit: 500
Jesus was a (Goddamn) hippy socialist
ROFL @ whoever is buying Ytterbium's pump attempts.

Labcoin's statistics are visible at http://www.btcguild.com/index.php?page=rankings§ion=teams where their hashrate hasnt increased in 3 days. Some pumper (probably Ytterbium himself) is using his or her accounts at other mining sites and redirecting funds to labcoin's wallet. Labcoin does not have "hidden accounts", it has one account which is visible at the above link.


 Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes

I certainly wish I had 400Gh/s Grin

And the payments are not from other sites, they're from BTCGuild.  They're all paid at the 7, 17 or 47 minute mark, and I'm sure they all trace back to BTCGuild's 14cZMQk89mRYQkDEj8Rn25AnGoBi5H6uer  address.

I think you are right
https://blockchain.info/taint/17psAW21J4twanAFWmbcd5WdX2pKeX3trm
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