Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)
I'll let Vbs reiterate this point since you seemed to gloss over it when he originally stated this fact:
Hint: it wasn't 10GH/s.
There's a reason that companies don't just stop at simulated results and slap that on the label.
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LC is a whole different gamble than ActM. Have you even seen a working LC chip yet? I haven't. They are receiving untested chips and untested PCB's, relying 100% on "simulation" results. How nice. They've designed a chip using a sea-of-gates methodology similar to what BitFury did. BitFury even "simulated" their chip to reach 10GH/s! You might wanna go find out what it actually ended up working at!
LC is a whole different gamble than ActM. Have you even seen a working LC chip yet? I haven't. They are receiving untested chips and untested PCB's, relying 100% on "simulation" results. How nice. They've designed a chip using a sea-of-gates methodology similar to what BitFury did. BitFury even "simulated" their chip to reach 10GH/s! You might wanna go find out what it actually ended up working at!
Hint: it wasn't 10GH/s.
There's a reason that companies don't just stop at simulated results and slap that on the label.
As an ActM advisory board member, VBS is biased. Look at him asking if anyone has seen a working LC chip yet to cast doubt. Has anyone seen a working chip from ActM yet?
At least LC claim to have chips. ActM won't be getting samples till early-mid October at the earliest based on Ken's estimates. It'lll more likely be November before they start hashing with them. You and VBS will dispute that timeline, but every time I've asked you or VBS to show us what you think is more likely, you simply ignore the question.
I'm pretty sure they specifically said they weren't doing a sea-of-gates design.