Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) - page 646. (Read 1079974 times)
September 05, 2013, 02:15:48 AM
What happend to posting updates here and on BTC-TC?
September 05, 2013, 01:36:13 AM
If there's 5-6PH online in November and Labcoin effectively gets 50TH online, that's ~0.9% of the total network hashrate, earning around BTC1000 per month.
Whoa, 5-6PH in November? Is that remotely realistic? I've heard figures like 3-4PH by the years end...
With a 30% increase per round, the network hash rate would be 2.3 Ph/s on 28th October. I think the rate of increase will start to slow down though by then.
September 05, 2013, 01:14:45 AM
Big dump. Labcoin liquidating shares before the 10th?
1/10. Lacks any originality. Would not panic.
OK, so a week until hashing starts and the vague updates have you convinced that everything is A-OK?
Will you alert us when it is time to panic?
September 05, 2013, 12:27:35 AM
Looks like someone just sold a big chunk of Labcoin and bought ActiveMining.
September 05, 2013, 12:25:24 AM
Big dump. Labcoin liquidating shares before the 10th?
1/10. Lacks any originality. Would not panic.
September 05, 2013, 12:25:10 AM
Big dump. Labcoin liquidating shares before the 10th?
I'm afraid this is probably the case.
September 05, 2013, 12:17:53 AM
Big dump. Labcoin liquidating shares before the 10th?
i sure am glad i sold off my actm shares and bought into labcoin
September 05, 2013, 12:12:47 AM
Big dump. Labcoin liquidating shares before the 10th?
September 04, 2013, 11:06:42 PM
As we already stated, chip documentation isn't ready yet for public distribution.
We will start distribution to third parties when hashing power deployed will meet the goals we have set. This is our top priority right now.
We want to mention that we have received interview requests from several well know parties, CNN and Bloomberg being the most prominent and late progress with our 65nm design lead us to believe we will deploy 200-300 TH within 2013.
We will start distribution to third parties when hashing power deployed will meet the goals we have set. This is our top priority right now.
We want to mention that we have received interview requests from several well know parties, CNN and Bloomberg being the most prominent and late progress with our 65nm design lead us to believe we will deploy 200-300 TH within 2013.
What percentage of the network would 200-300TH be within the estimated 5-6 PH network difficulty? Where are the mathematicians who can tell us what the projected dividends will be?
Try 200th would be 3.3% of a 6ph network, Blocks are meant to be mined 1 every 10 mins, @25BTC per block (3600BTC per day, or 1.3m year)
Then 3.3%/year is ~43,000BTC. Divide this by 10,000,000 shares 0.0043/share from mining p/a
Then include sales + transaction fees (ATM TF's are only ~1%)
With current norms (ie ASICminer returns) the stock would triple .0043, which is .0129.
Yeah. Labcoin needs a more aggressive plan for deploying it's hashpower then it currently has to justify a higher price.
September 04, 2013, 10:55:11 PM
As we already stated, chip documentation isn't ready yet for public distribution.
We will start distribution to third parties when hashing power deployed will meet the goals we have set. This is our top priority right now.
We want to mention that we have received interview requests from several well know parties, CNN and Bloomberg being the most prominent and late progress with our 65nm design lead us to believe we will deploy 200-300 TH within 2013.
We will start distribution to third parties when hashing power deployed will meet the goals we have set. This is our top priority right now.
We want to mention that we have received interview requests from several well know parties, CNN and Bloomberg being the most prominent and late progress with our 65nm design lead us to believe we will deploy 200-300 TH within 2013.
What percentage of the network would 200-300TH be within the estimated 5-6 PH network difficulty? Where are the mathematicians who can tell us what the projected dividends will be?
Try 200th would be 3.3% of a 6ph network, Blocks are meant to be mined 1 every 10 mins, @25BTC per block (3600BTC per day, or 1.3m year)
Then 3.3%/year is ~43,000BTC. Divide this by 10,000,000 shares 0.0043/share from mining p/a
Then include sales + transaction fees (ATM TF's are only ~1%)
With current norms (ie ASICminer returns) the stock would triple .0043, which is .0129.
September 04, 2013, 10:24:22 PM
As we already stated, chip documentation isn't ready yet for public distribution.
We will start distribution to third parties when hashing power deployed will meet the goals we have set. This is our top priority right now.
We want to mention that we have received interview requests from several well know parties, CNN and Bloomberg being the most prominent and late progress with our 65nm design lead us to believe we will deploy 200-300 TH within 2013.
We will start distribution to third parties when hashing power deployed will meet the goals we have set. This is our top priority right now.
We want to mention that we have received interview requests from several well know parties, CNN and Bloomberg being the most prominent and late progress with our 65nm design lead us to believe we will deploy 200-300 TH within 2013.
What percentage of the network would 200-300TH be within the estimated 5-6 PH network difficulty? Where are the mathematicians who can tell us what the projected dividends will be?
Try 200th would be 3.3% of a 6ph network, Blocks are meant to be mined 1 every 10 mins, @25BTC per block (3600BTC per day, or 1.3m year)
Then 3.3%/year is ~43,000BTC. Divide this by 10,000,000 shares 0.0043/share from mining p/a
Then include sales + transaction fees (ATM TF's are only ~1%)
September 04, 2013, 10:14:11 PM
As we already stated, chip documentation isn't ready yet for public distribution.
We will start distribution to third parties when hashing power deployed will meet the goals we have set. This is our top priority right now.
We want to mention that we have received interview requests from several well know parties, CNN and Bloomberg being the most prominent and late progress with our 65nm design lead us to believe we will deploy 200-300 TH within 2013.
We will start distribution to third parties when hashing power deployed will meet the goals we have set. This is our top priority right now.
We want to mention that we have received interview requests from several well know parties, CNN and Bloomberg being the most prominent and late progress with our 65nm design lead us to believe we will deploy 200-300 TH within 2013.
What percentage of the network would 200-300TH be within the estimated 5-6 PH network difficulty? Where are the mathematicians who can tell us what the projected dividends
bye bye .0032
Where do you think the share price will land? September 04, 2013, 10:01:22 PM
Can we fast forward 5 days from now so the price of LabCoin can explode while these trolls jerk eachother off.
September 04, 2013, 10:00:24 PM
They didn't lie, they conveniently omitted saying the chips were working.
That's just not a reasonable interpretation of what they said.
They might be lying, but they're clearly indicating they have run into no major issues.
Right. The question is whether or not it's reasonable to assume that both the chips don't work and they didn't lie. Obviously, that's not the case. It's one or the other.
September 04, 2013, 10:00:14 PM
They didn't lie, they conveniently omitted saying the chips were working.
That's just not a reasonable interpretation of what they said.
They might be lying, but they're clearly indicating they have run into no major issues.
You could be lying
September 04, 2013, 09:59:41 PM
But that could be a lie.
It's almost like you WANT me to go away thinking there's no easter bunny.
September 04, 2013, 09:55:43 PM
They didn't lie, they conveniently omitted saying the chips were working.
That's just not a reasonable interpretation of what they said.
They might be lying, but they're clearly indicating they have run into no major issues.
September 04, 2013, 09:39:28 PM
They didn't lie, they conveniently omitted saying the chips were working.
That's just not a reasonable interpretation of what they said.
They might be lying, but they're clearly indicating they have run into no major issues.
September 04, 2013, 09:39:14 PM
They didn't lie, they conveniently omitted saying the chips were working.
Your profile picture is a perfect response to this.
September 04, 2013, 09:38:21 PM
They didn't lie, they conveniently omitted saying the chips were working.
If you want to see it that way, fine.
They have the chips for a week now, so they should know if they work or not.
And if they don't work, I'd consider "Deployment is proceeding according to plans" a pretty clear lie.
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