Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) - page 774. (Read 1079974 times)

I was calling to inquire about buying a Fast-hash machine, and I told him it was in my best interest to know if deals with eASIC will be finalized soon.  Whether or not it's insider information, I had a right to ask that question seeing as how its important to the future of my purchase.

You should not be calling trying to get inside information.

Sensitive information like this will come through official channels, like myself and/or ActiveMining-PR so that it's properly released to all shareholders at the same time.

Hmm.. it's kind of disappointing.  I was lied to. 

Apparently wookies aren't the best business managers.

It's cool, I don't mind you - I'm just not a big ActM fan...

I got the information from Gerald Slaughter.

VE, your information is so bad that Ken Slaughter showed up in another thread to prove you wrong. He barely shows up in his own thread!

You should tell your nephew Gerald not to give false information on the phone then.

I don't even know when we will do a join press release, so it can not be expected Monday.

theyre taping out right away.  Joint news release with easic and activemining expected by monday.  My advice: invest in labcoin and activemining.  They will both be big players.

Thanks for your concern. I brought at 0.0025 IPO price, 2x profit is good enough to me.
As a note , your cheerleader Vbs said eASIC don't need tape out.
The “two weeks to design,two weeks to tape out" seems come out from my mouth when I talked about the NRE issue in ActM's thread. I just took it as example to show that ActM's chip will only be ready to Fab in late Sept, even if NRE paid now. Sorry if I misleaded you.

If ActiveMining doesn't tape out until late September, they won't have their chips till when, January?

Allow me to clarify: tape out should occur 4 weeks after the NRE payment (whenever that was or will be) based on eASIC's fast turnaround time (2 weeks to design, then 2 weeks to reach tapeout... I would show you a source but the threads are so difficult to dig through).

That part was not in response to you. I'm sure you will do fine with your investments, but I am not so sure about "yuansuyi".

We need another public competitor in the hash rate race. Both will most likely fail miserably but if they succeed...

and / or. Don't need to pick one side here. Split 'em up and root for them both.

Oh, they said so? I must have missed that then. Could you give me a source for the information that production of 28nm will start within 4 weeks? I find it very hard to believe.


I'm invested in ActM too, but I took out a lot of my investment because of my belief that LC is in a way stronger position atm. Either way, if one of them succeeds, I win.
And I don't "fixate heavily on ActM", and I certainly don't disparage it to make myself feel better.. jesus.. I try to analyze this stuff to make the best investment decision I can, and when I post here, all I do is state my opinion.
The reason I was talking about ActM is that they're the only direct competitor to LC that I can invest in. I talk about ActM because when thinking about what to invest in here, it's LC or ActM.
I can't invest in HashFast (or was it FastHash?). I hope you're not suggesting I consider the icedrill stock.

Another article about LC: http://www.bloomberg.com/news/2013-08-20/bitcoin-spawns-china-virtual-ipos-as-u-s-scrutiny-grows.html

Hindsight is always 20/20. They would have been very profitable had there not been this unforeseen delay on top of the previous delays. They were purchased when ActM was far smaller (the stock is now worth 10x more) and people were not confident enough to invest $1M to fund the 28nm NRE (at that point people were still calling it a scam).

They hired an engineering firm to build the Avalon clones; there is no reason to think they cannot do multiple things at once. Without the chips they ordered, there isn't much to distract them from proceeding with eASIC.

They're under an NDA which was confirmed by eASIC representatives. The deal has likely been finalized already or will be finalized within the next week (it looks like Ken is preparing statements for a press release...) and they will tape out within 4 weeks and begin production at the same time.

Yes it is logical because they already "got their hand slapped" (as Ken put it) for discussing the NRE too much and people were emailing eASIC for iniformation. Do you even know what an NDA is?? Non-Disclosure Agreement means that they cannot talk about their business with eASIC until the NDA ends (presumably when the deal is finalized).

It also fascinates me how you fixate so heavily on ActM and disparage it to make yourself feel better about investing in outdated 130nm tech, when there are four companies producing 28nm chips and HashFast is already doing a "mock tape-out". Feel free to ignore your competitors if it makes you feel good, but don't come crying when you lose money on your investment.

I agree that guy was also a dumbass.  However, that doesn't mean JB wasn't also a dumbass.