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

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.

Also the three blocks have been relayed by 2 different IP addresses. So I doubt it would be someone in Chicago, using 2 different Internet providers, mining to the same wallet address .

It is a known fact that Bitsyncom was mining with their Avalons before shipping them, and in that case different relay IP's were going to 1 wallet address.