Post
Topic
Board Securities
Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)
by
drawingthesun
on 15/09/2013, 18:24:48 UTC
Not sure if anyone else posted this, but the address Ytterbium found has mined a new block:

http://blockchain.info/address/1NBDEAYH49tZvFMJ95oa4kYrqgecgnc16C

2 blocks are too few to indicate a trend, but the pace looks quite right for 2TH/s.

If this is true then tomorrows dividend should be 50 satoshi which is already 33% of ActiveMining and expected to grow! (ActiveMining dividend will be about 10 Satoshi in a few weeks)

If Labcoin mines at this rate (25 btc every 3 days and expected to increase) the dividend is already 50% higher than ActiveMining!

If true then well done Labcoin!!

I guess my prediction that they were failing badly at mining was incorrect.

Just to quote myself saying I was wrong about Labcoin.