Ok but you realize what Pankkake is saying is that. The LAST of the funds for Labcoin will be going into fixing chips that CANNOT be fixed. That is what Pankkake is saying. So when you run out of FUNDS and have NO working chips. What do you reinvest with? And with that, what do you reinvest in? there is no one on the team to design the chips anymore. That guy has apparently been gone for months.
As far as i read its only the package that is faulty. So simply use another package with the next production run and you can reuse the chipdesign. He did not say that the chipdesign is faulty.
This is not a normal Mining Company. This is a reinvesting mining company that owns their own asic design.
Ugh, I hope everyone here knows that already.Here's the thing: it's worthless. Everyone else has better chips now and is planning even better chips. Why would they produce more chips… when they're the worst on the market?
They had a tiny window, and they missed it big time.
Everyone has better chips? You realize that this isnt for endusers? Even Asicminer is ordering another big batch of the oldest asic gen. Simply because they OWN the design and can create miners at cost. Thats completely different than the competition between endusers buying expensive miners from companies. So no, these chips are not dead. You cant calculate with enduserprices here.
+1
Fail logic.
1. If Labcoin
had chips, and those chips hashed, and hashed at full speed, it could cook up moar batches & mine with those chips at cost.
2. If Bitfury, KNC, ASICminer, Avalon, etc.
had chips (they do), and those chips hashed (they do), and hashed at full speed (they do), they could cook up moar batches & mine with those chips at cost.
- don't all companies above also hash at cost, plus sell chips and hardware had chips (they do), and those chips hashed (they do), and hashed at full speed (they do), they could cook up moar batches & mine with those chips at cost.
