[LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) - page 797.

JohnyBigs

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Quote from: VolanicEruptor on August 19, 2013, 03:55:43 PM

Quote from: JohnyBigs on August 19, 2013, 03:51:41 PM

Can someone explain to me what kind of hashrate you can buy for $4,000 with labcoin?

Quote

Chip Specs: Multi-core 130 nm chip with power consumption of: 2.7 w/Ghash. Each chip runs at 4.7 GH/s @ 12.8W
Chip estimated cost (full production run post First-run): $9-$10 USD per chip or $2 per GH

with the 130nm chip, $4000 would produce 2TH/S of hashpower, according to this..

and how much of that do they payout in dividends every month?

klee

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Quote from: VolanicEruptor on August 19, 2013, 03:55:43 PM

Quote from: JohnyBigs on August 19, 2013, 03:51:41 PM

Can someone explain to me what kind of hashrate you can buy for $4,000 with labcoin?

Quote

Chip Specs: Multi-core 130 nm chip with power consumption of: 2.7 w/Ghash. Each chip runs at 4.7 GH/s @ 12.8W
Chip estimated cost (full production run post First-run): $9-$10 USD per chip or $2 per GH

with the 130nm chip, $4000 would produce 2TH/S of hashpower, according to this..

28nm my ass!!

dexX7

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Quote from: Ytterbium on August 19, 2013, 01:45:24 PM

Quote from: dexX7 on August 19, 2013, 01:44:00 PM

What's the status of the locked shares?

I think they have more important things to focus on right now.

I'm sure they do, but that's not the point here.

There were plenty announcements that the founder and developers start to post here and even more announcements about the shares and yet no founder or developer is active in this thread and the share issue is still unresolved.

I don't expect the devs to check in here and I'm also not that interested in a public portfolio, but once they say, they'll do it, I expect them to do it. That's all. Wink

VolanicEruptor

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Quote from: JohnyBigs on August 19, 2013, 03:51:41 PM

Can someone explain to me what kind of hashrate you can buy for $4,000 with labcoin?

Quote

Chip Specs: Multi-core 130 nm chip with power consumption of: 2.7 w/Ghash. Each chip runs at 4.7 GH/s @ 12.8W
Chip estimated cost (full production run post First-run): $9-$10 USD per chip or $2 per GH

with the 130nm chip, $4000 would produce 2TH/S of hashpower, according to this..

JohnyBigs

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Can someone explain to me what kind of hashrate you can buy for $4,000 with labcoin?

VolanicEruptor

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Quote from: canth on August 19, 2013, 03:29:51 PM

Quote from: Ytterbium on August 19, 2013, 03:24:36 PM

A lot of people there think 130nm is out of date and obsolite, though. They don't realize that what matters is $/W and a cheaper to tape out chip wins in the short run, and over time Labcoin will have time to reduce feature size.

+1. This certainly worked for AsicMiner and they started out with an even smaller amount of seed funds. At some point all mining operations will need to get more cost efficient and they'll need to be creative for sourcing electricity but that doesn't mean that an initial rush to 28nm is the right answer.

You're right, but I'll put my money on both ends of the spectrum. There are short-term and long-term advantages with going both routes.

demzie

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No Pre-Order game = Labcoin win/win/win Wink

canth

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Quote from: Ytterbium on August 19, 2013, 03:24:36 PM

A lot of people there think 130nm is out of date and obsolite, though. They don't realize that what matters is $/W and a cheaper to tape out chip wins in the short run, and over time Labcoin will have time to reduce feature size.

+1. This certainly worked for AsicMiner and they started out with an even smaller amount of seed funds. At some point all mining operations will need to get more cost efficient and they'll need to be creative for sourcing electricity but that doesn't mean that an initial rush to 28nm is the right answer.

Ytterbium

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Quote from: Luckybit on August 19, 2013, 02:06:35 PM

Quote from: TheSwede75 on August 19, 2013, 01:18:25 PM

Quote from: Ytterbium on August 19, 2013, 01:13:51 PM

Cool beans.

Are the chips your sending out samples or paid orders? How are financials and dividends for chip sales going to be handled?

There will of course be more "hard numbers" on this posted as chips are received, tested etc. the general policy is to pay out all profits as dividends to share holders, though Labcoin also plans to reinvest when profitable.

I have requested that customers that make "serious inquiries" be sent sample chips from first run and I am also trying to facilitate a miner and first run chips be send to me for review for the forum.

More information will be available (including pictures and stats) as soon as first run chips lands in the hands of the team.

What can shareholders do to promote Labcoin? Maybe advertising can be made to be cheaper? Why not just go to the forums where people are looking for ASIC miners and to reddit and promote the hell out of it?

Labcoin doesn't get much discussion in the Custom hardware board, but they blather on about friggin' xCrowd.

Of course we don't know the exact final specs and prices, etc so there's not a lot to talk about in terms of mining yet. But once we get pricing data and real performance numbers it should be worth talking about.

A lot of people there think 130nm is out of date and obsolite, though. They don't realize that what matters is $/W and a cheaper to tape out chip wins in the short run, and over time Labcoin will have time to reduce feature size.

TheSwede75

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Quote from: twentyseventy on August 19, 2013, 03:02:50 PM

Quote from: TheSwede75 on August 19, 2013, 02:43:18 PM

Quote from: twentyseventy on August 19, 2013, 02:38:29 PM

Quote from: BlockChains on August 19, 2013, 02:33:51 PM

Quote from: twentyseventy on August 19, 2013, 02:28:35 PM

My back of the envelope calculations put the value of the 6TH running on 10/1 at .000605 / share and the remaining 44TH running on 10/15 at .002435/share, for an expected value of at least .0031

EDIT: These calculations assume 35% increase per Difficulty Increase

.000605 / share per what timeframe?

Total expected value of the mining capability - basically I've charted it out until June 2015

I would personally refrain from making long-time predictions reg. hash rate and diff. Considering the long block time solve we are currently seeing in the Bitcoin blockchain I am not even all that sure we will have 'perpetual' 35% increases in the next 12 months, and of course the 50TH expectancy of the Labcoin mining operation is also (if first and second deployment is successful) is also not a 'ceiling' as funds will be available for follow up orders as long as the team deems it profitable.

Aside from 130nm rollout the team is also working in parallel on the 65nm chip as well.

Sorry, didn't mean to step on any toes with this one; just figured I'd share what I think may be a good indicator of long term viability. I doubt that we'll be seeing 35% DIs each time, and this doesn't account for any reinvestment.

TL;DR - This wasn't supposed to be a valuation of LC shares, just a rough calculation of what the 50TH would bring in in the face of high (35%) perpetual increases.

I believe that the value of the shares is higher than the .0031 number that I mentioned, as that would not have accounted for reinvestment or any slowdown of the total network hashrate.

Oh absolutely not my intention to ask you not to try to ballpark some numbers. I simply want people to realize that 'ballparking' is all that anyone can do at this point. Do keep up the great work and stay involved

Bitcycle

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Quote from: bitrocket on August 19, 2013, 03:06:32 PM

Quote from: Bitcycle on August 19, 2013, 02:45:53 PM

Quote from: twentyseventy on August 19, 2013, 02:38:29 PM

Quote from: BlockChains on August 19, 2013, 02:33:51 PM

Quote from: twentyseventy on August 19, 2013, 02:28:35 PM

My back of the envelope calculations put the value of the 6TH running on 10/1 at .000605 / share and the remaining 44TH running on 10/15 at .002435/share, for an expected value of at least .0031

EDIT: These calculations assume 35% increase per Difficulty Increase

.000605 / share per what timeframe?

Total expected value of the mining capability - basically I've charted it out until June 2015

What do you mean by expected value? The amount of coins generated by a certain amount of TH?

I think twentyseventy is referring to the total number of coins produced from a certain amount hashing power before the difficulty goes up so high it's unprofitable to mine any longer. The yield per share is the total coins produced divided by the number of shares

So it's basically a 'revenue per share' calculation from mining (not including any hardware sales). Then the expected share price would be a multiple of the revenue per share.

jborkl

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Team Heritage Motorsports

Thanks for the update TheSwede75. Waiting for the end of this week to see some Labcoin porn pics.

bitrocket

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Quote from: Bitcycle on August 19, 2013, 02:45:53 PM

Quote from: twentyseventy on August 19, 2013, 02:38:29 PM

Quote from: BlockChains on August 19, 2013, 02:33:51 PM

Quote from: twentyseventy on August 19, 2013, 02:28:35 PM

My back of the envelope calculations put the value of the 6TH running on 10/1 at .000605 / share and the remaining 44TH running on 10/15 at .002435/share, for an expected value of at least .0031

EDIT: These calculations assume 35% increase per Difficulty Increase

.000605 / share per what timeframe?

Total expected value of the mining capability - basically I've charted it out until June 2015

What do you mean by expected value? The amount of coins generated by a certain amount of TH?

I think twentyseventy is referring to the total number of coins produced from a certain amount hashing power before the difficulty goes up so high it's unprofitable to mine any longer. The yield per share is the total coins produced divided by the number of shares

twentyseventy

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Quote from: TheSwede75 on August 19, 2013, 02:43:18 PM

Quote from: twentyseventy on August 19, 2013, 02:38:29 PM

Quote from: BlockChains on August 19, 2013, 02:33:51 PM

Quote from: twentyseventy on August 19, 2013, 02:28:35 PM

My back of the envelope calculations put the value of the 6TH running on 10/1 at .000605 / share and the remaining 44TH running on 10/15 at .002435/share, for an expected value of at least .0031

EDIT: These calculations assume 35% increase per Difficulty Increase

.000605 / share per what timeframe?

Total expected value of the mining capability - basically I've charted it out until June 2015

I would personally refrain from making long-time predictions reg. hash rate and diff. Considering the long block time solve we are currently seeing in the Bitcoin blockchain I am not even all that sure we will have 'perpetual' 35% increases in the next 12 months, and of course the 50TH expectancy of the Labcoin mining operation is also (if first and second deployment is successful) is also not a 'ceiling' as funds will be available for follow up orders as long as the team deems it profitable.

Aside from 130nm rollout the team is also working in parallel on the 65nm chip as well.

Sorry, didn't mean to step on any toes with this one; just figured I'd share what I think may be a good indicator of long term viability. I doubt that we'll be seeing 35% DIs each time, and this doesn't account for any reinvestment.

TL;DR - This wasn't supposed to be a valuation of LC shares, just a rough calculation of what the 50TH would bring in in the face of high (35%) perpetual increases.

I believe that the value of the shares is higher than the .0031 number that I mentioned, as that would not have accounted for reinvestment or any slowdown of the total network hashrate.

Bitcycle

sr. member

Activity: 420

Merit: 250

Quote from: twentyseventy on August 19, 2013, 02:38:29 PM

Quote from: BlockChains on August 19, 2013, 02:33:51 PM

Quote from: twentyseventy on August 19, 2013, 02:28:35 PM

My back of the envelope calculations put the value of the 6TH running on 10/1 at .000605 / share and the remaining 44TH running on 10/15 at .002435/share, for an expected value of at least .0031

EDIT: These calculations assume 35% increase per Difficulty Increase

.000605 / share per what timeframe?

Total expected value of the mining capability - basically I've charted it out until June 2015

What do you mean by expected value? The amount of coins generated by a certain amount of TH?

TheSwede75

full member

Activity: 224

Merit: 100

Quote from: twentyseventy on August 19, 2013, 02:38:29 PM

Quote from: BlockChains on August 19, 2013, 02:33:51 PM

Quote from: twentyseventy on August 19, 2013, 02:28:35 PM

My back of the envelope calculations put the value of the 6TH running on 10/1 at .000605 / share and the remaining 44TH running on 10/15 at .002435/share, for an expected value of at least .0031

EDIT: These calculations assume 35% increase per Difficulty Increase

.000605 / share per what timeframe?

Total expected value of the mining capability - basically I've charted it out until June 2015

I would personally refrain from making long-time predictions reg. hash rate and diff. Considering the long block time solve we are currently seeing in the Bitcoin blockchain I am not even all that sure we will have 'perpetual' 35% increases in the next 12 months, and of course the 50TH expectancy of the Labcoin mining operation is also (if first and second deployment is successful) is also not a 'ceiling' as funds will be available for follow up orders as long as the team deems it profitable.

Aside from 130nm rollout the team is also working in parallel on the 65nm chip as well.

demzie

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Activity: 266

Merit: 250

Can you put that online?

twentyseventy

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Quote from: BlockChains on August 19, 2013, 02:33:51 PM

Quote from: twentyseventy on August 19, 2013, 02:28:35 PM

My back of the envelope calculations put the value of the 6TH running on 10/1 at .000605 / share and the remaining 44TH running on 10/15 at .002435/share, for an expected value of at least .0031

EDIT: These calculations assume 35% increase per Difficulty Increase

.000605 / share per what timeframe?

Total expected value of the mining capability - basically I've charted it out until June 2015

BlockChains

member

Activity: 110

Merit: 10

Quote from: twentyseventy on August 19, 2013, 02:28:35 PM

My back of the envelope calculations put the value of the 6TH running on 10/1 at .000605 / share and the remaining 44TH running on 10/15 at .002435/share, for an expected value of at least .0031

EDIT: These calculations assume 35% increase per Difficulty Increase

.000605 / share per what timeframe?

demzie

sr. member

Activity: 266

Merit: 250

Quote from: twentyseventy on August 19, 2013, 02:28:35 PM

My back of the envelope calculations put the value of the 6TH running on 10/1 at .000605 / share and the remaining 44TH running on 10/15 at .002435/share, for an expected value of at least .0031

What do you mean by that?

Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) - page 797. (Read 1079974 times)