Post
Topic
Board Securities
Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)
by
physalis
on 14/08/2013, 03:52:28 UTC

Quote
Uniquify, HashFast Ink Agreement to Produce ASICs to Increase Hashing Speed for Bitcoin Miners

geeks.broadwayworld.com / Aug, 13, 2013; 10:38 AM

SAN JOSE, CA – Uniquify (www.uniquify.com) today signed a multi-year agreement with HashFast Technologies to design and provide silicon fabrication services for a new generation of application specific integrated circuits (ASICs) expected to dramatically increase hashing speed for Bitcoin miners.

Under terms of the agreement, HashFast Technologies, a pioneer in custom designs of ASIC chips for cryptographic hashing, will use Uniquify’s technology for the production of ASIC chips for cryptographic hashing.

The strategic partnership between HashFast and Uniquify, a leading high-performance semiconductor intellectual property (IP) and system-on-chip (SoC) design, integration and manufacturing services supplier, is poised to move HashFast to the forefront of the cryptographic hashing industry.

tl;dr  Lafcoin just lost the ASIC arms race, before they could get out of the starting gate!   Cheesy

I don't even know what this is showing in your opinion... Uniquify = HashFast. So they signed some kind of deal with themselves basically..?
And even if that press release wasn't a complete joke, how would that mean "we lost the ASIC arms race"? They haven't made anything yet, and they don't plan to do so long after labcoin, or ActM for that matter...
I think we're safe dude. And you're getting pretty annoying with your bullshit.