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Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) - page 323. (Read 1079974 times)

vip
Activity: 1316
Merit: 1043
👻
0.11 per block is about 67.6 * 0.11 / 25 = 0.297 TH/s

Let's see whether this number increases after a couple of hours. Otherwise, let's see how labcoin explain where's their 5+ Th.
well these figures are rather disappointing.

Well, do remember these are from 14-15 hours ago.

Possibly they had a test set of boards running at a very low level before ramping up to the full set.

We'd know if they'd, you know, tell us.

Weird, my calculations show pretty close to actual 2 TH (assuming of course regular payments to that address). Between the first and last payment there is a bit over 10 hours. BTC3.63 over that time period estimates ~ BTC8.62 per day. 2 TH, according to the BTC calculators yields BTC8.93 per day. So I'd say currently about 2 TH.

EDIT: I'm sure someone with a bit of programming knowledge can do tracking of, let's say, hash rate 5-day moving average solely from information from that address. That should give us a good estimation of their true hash rate.

The first payment can't be counted - it's a backlog of probably days of mining.

A more realistic figure makes it look like LABCOIN has two Avalons.
newbie
Activity: 46
Merit: 0
Weird, my calculations show pretty close to actual 2 TH (assuming of course regular payments to that address). Between the first and last payment there is a bit over 10 hours. BTC3.63 over that time period estimates ~ BTC8.62 per day. 2 TH, according to the BTC calculators yields BTC8.93 per day. So I'd say currently about 2 TH.

My 190gh'ish 3 avalons get about 1.5~ btc a day for a comparison.
At 2TH, I hope they are making more than that. Wink

BTC8.93 per 24 hours at current difficulty is what this calc says Smiley
sr. member
Activity: 448
Merit: 250
Weird, my calculations show pretty close to actual 2 TH (assuming of course regular payments to that address). Between the first and last payment there is a bit over 10 hours. BTC3.63 over that time period estimates ~ BTC8.62 per day. 2 TH, according to the BTC calculators yields BTC8.93 per day. So I'd say currently about 2 TH.

My 190gh'ish 3 avalons get about 1.5~ btc a day for a comparison.
At 2TH, I hope they are making more than that. Wink
legendary
Activity: 1498
Merit: 1000
solo mining -> pool mining, nothing is true.
Maybe they just buy some chips to mine instead of their own product. Cry Cry Cry
Ahh there you are at last, I thought it was all over!!!  Kiss


But I bought @0.0035. Cry Cry Cry
No worries it will go 3.5!
newbie
Activity: 46
Merit: 0
0.11 per block is about 67.6 * 0.11 / 25 = 0.297 TH/s

Let's see whether this number increases after a couple of hours. Otherwise, let's see how labcoin explain where's their 5+ Th.
well these figures are rather disappointing.

Well, do remember these are from 14-15 hours ago.

Possibly they had a test set of boards running at a very low level before ramping up to the full set.

We'd know if they'd, you know, tell us.

Weird, my calculations show pretty close to actual 2 TH (assuming of course regular payments to that address). Between the first and last payment there is a bit over 10 hours. BTC3.63 over that time period estimates ~ BTC8.62 per day. 2 TH, according to the BTC calculators yields BTC8.93 per day. So I'd say currently about 2 TH.

EDIT: I'm sure someone with a bit of programming knowledge can do tracking of, let's say, hash rate 5-day moving average solely from information from that address. That should give us a good estimation of their true hash rate.
member
Activity: 98
Merit: 10
solo mining -> pool mining, nothing is true.
Maybe they just buy some chips to mine instead of their own product. Cry Cry Cry
Ahh there you are at last, I thought it was all over!!!  Kiss


But I bought @0.0035. Cry Cry Cry
full member
Activity: 158
Merit: 100
0.11 per block is about 67.6 * 0.11 / 25 = 0.297 TH/s

Let's see whether this number increases after a couple of hours. Otherwise, let's see how labcoin explain where's their 5+ Th.
well these figures are rather disappointing.

Well, do remember these are from 14-15 hours ago.

Possibly they had a test set of boards running at a very low level before ramping up to the full set.

We'd know if they'd, you know, tell us.

They told you they were mining for 2 weeks. How can you still be clinging blindly to their words?
sr. member
Activity: 420
Merit: 250
0.11 per block is about 67.6 * 0.11 / 25 = 0.297 TH/s

Let's see whether this number increases after a couple of hours. Otherwise, let's see how labcoin explain where's their 5+ Th.
well these figures are rather disappointing.

Well, do remember these are from 14-15 hours ago.

Possibly they had a test set of boards running at a very low level before ramping up to the full set.

We'd know if they'd, you know, tell us.
sr. member
Activity: 448
Merit: 250
solo mining -> pool mining, nothing is true.
Maybe they just buy some chips to mine instead of their own product. Cry Cry Cry
Ahh there you are at last, I thought it was all over!!!  Kiss

legendary
Activity: 882
Merit: 1000
Well if anything we know for sure that they are hashing

Well, someones hashing.

Has anyone checked into the new addresses sending the .1xxx btc transactions?
Hard to tell since they are not listed as known slush addresses.

-Ukyo

If you look at the address, you will see actually the slush addresses sent BTC to it first, then it distributed to multiple addresses, including LC address. It seems that this is a kind of subgroup address.
full member
Activity: 224
Merit: 100
0.11 per block is about 67.6 * 0.11 / 25 = 0.297 TH/s

Let's see whether this number increases after a couple of hours. Otherwise, let's see how labcoin explain where's their 5+ Th.
well these figures are rather disappointing.
sr. member
Activity: 420
Merit: 250

Not saying anything about whether or not they're on Slush is lowering their reputation even further.


Silence is the WORST thing you can give us, Labcoin.  It's failure.
Are you god? Should labcoin achieve your every wish?
no matter what has been updated you guys always has sth to say.
If you think labcoin is the worst, sold out your shares. Do sth more worthy.
DON'T TROLL IN THE THREAD EVERYDAY.



I'll post what I please, but thank you for your comments.

All they have to do is tell us they're hashing on Slush.

That's it.

Simple sentence.

I bet they have time.
sr. member
Activity: 560
Merit: 250

Not saying anything about whether or not they're on Slush is lowering their reputation even further.


Silence is the WORST thing you can give us, Labcoin.  It's failure.
Are you god? Should labcoin achieve your every wish?
no matter what has been updated you guys always has sth to say.
If you think labcoin is the worst, sold out your shares. Do sth more worthy.
DON'T TROLL IN THE THREAD EVERYDAY.
legendary
Activity: 882
Merit: 1000
0.11 per block is about 67.6 * 0.11 / 25 = 0.297 TH/s

Let's see whether this number increases after a couple of hours. Otherwise, let's see how labcoin explain where's their 5+ Th.
legendary
Activity: 1498
Merit: 1000
solo mining -> pool mining, nothing is true.
Maybe they just buy some chips to mine instead of their own product. Cry Cry Cry
Ahh there you are at last, I thought it was all over!!!  Kiss
member
Activity: 98
Merit: 10
solo mining -> pool mining, nothing is true.
Maybe they just buy some chips to mine instead of their own product. Cry Cry Cry

sr. member
Activity: 448
Merit: 250
Well if anything we know for sure that they are hashing

Well, someones hashing.

Has anyone checked into the new addresses sending the .1xxx btc transactions?
Hard to tell since they are not listed as known slush addresses.

-Ukyo
legendary
Activity: 1498
Merit: 1000
Wait! No FUD today???  Angry Roll Eyes
Where are they? The FUDsters! Please come back I am bored...
full member
Activity: 238
Merit: 100
Well if anything we know for sure that they are hashing
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