Post
Topic
Board Securities
Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)
by
Jere.Jones
on 18/09/2013, 05:16:23 UTC
the 1NBDEAYH49tZvFMJ95oa4kYrqgecgnc16C get a new one block few minutes ago.
hmm... interesting.
Thats really the pace of 2TH/s solo.
(according to http://www.bitcoinx.com/profit/, 2 days, 19 hours is the average generation time for a block @ 2TH/s in solo)
Can anybody explain to me if the location info in here: http://blockchain.info/tx/7efa66d459ed4a1a7488fb6c65e89e7492523ae99b36f0f7874a713a93ee8ae7 has anything to do with the mining hardware's physical location?

All three transactions are relayed by nodes in Chicago. It cannot be coincident. So I doubt it belongs to labcoin.

Most likely, next update will give us an address without coins and just for us to wait for the first block.
So if a block generation is relayed by nodes in Chicago, it means the block was found by some mining hardware located in Chicago?
No. It means that the node that first relayed the block to blockchain.info's servers was located, according to their geoip database, in Chicago.  While it is possible that blockchain.info got it directly from the miner, it isn't certain or even likely that the hardware was located in Chicago.  As an example, look at several of Asicminer's blocks.  They come from all over.  The last one came from Dallas.  The one before that came from Germany.  In this particular case, it is very suggestive since all three blocks came from the same geographical area, although not the same ip address.