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

Quote from: dexX7 on September 11, 2013, 08:29:40 PM

Quote from: creativex on September 11, 2013, 06:34:01 PM

Involving Sparmann in their project proves that labcoin management *IS* capable of making a good decision at least part of the time. At least it works for me.

Quote

Labcoin The Seven
August 8, 2013 By bcoinnews Leave a Comment
IRC conversation with [7] from FPGAmining
You are TheSeven from Fpgamining correct?
<[7]> yes
i.e.(Labcoin) they are actually developing something?
<[7]> I cant really comment on that because I wasnt involved in the development of them besides giving them some general hints what can be optimized etc.
<[7]> im mostly involved with the second generation chips
65nm chips?
<[7]> yes, they are actually developing something, definitely. I just cant comment on how successful it will be
Thank you. I will ask your permission to post this up.
<[7]> yes, from what i know that second generation will be 65nm, although we could technically still switch to something else at this stage
ok, Thank you for your time.

http://bcoinnews.com/2013/08/08/labcoin-the-seven/

Great finding.

I had the same idea and wrote TheSeven yesterday here on btctalk, but I didn't receive an answer. Sad

(which does not mean much - last time only more than a week ago)

Thanks, it took some clicking around. I've always found it a bit odd that LC's ~~180~~ 130nm project is timed so closely with their 65nm project. I wonder if perhaps they pulled the plug on 130nm chips or had problems and they're just stalling until their "real" chips arrive in all their 65nm goodness. Guess we can only wait and see at this point.

Cheers.

Edit: There are few others' whose confirmed involvement would lend as much credibility as TheSeven's. Regardless of how poorly LC has handled this whole affair, I'm convinced it is not a scam.