Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)
UPDATE:
Just got off talking to Sam. The miners are running and the team is working on the pool mining integration, this should all be done in 'a few hours' (less then 12, more likely less then that but I have advised against setting a specific hour/time as this just leads to frustration if missed) and users will be able to view the mined coins through pool and this address:
https://blockchain.info/address/17psAW21J4twanAFWmbcd5WdX2pKeX3trm
I have asked Sam to sign the address so that it can be proven without a doubt that Labcoin is indeed the entity mining.
According to Sam the initial hash rate will be 'a few' TH and will be scaled up in the coming days as more miners come online.
TLDR; Pool mining is being integrated and will be running in the next few hours (less than 12). Address provided above will be used for mining and will be signed as proof. Initial mining will be 'a few' TH and scaled up in the coming days.
Just got off talking to Sam. The miners are running and the team is working on the pool mining integration, this should all be done in 'a few hours' (less then 12, more likely less then that but I have advised against setting a specific hour/time as this just leads to frustration if missed) and users will be able to view the mined coins through pool and this address:
https://blockchain.info/address/17psAW21J4twanAFWmbcd5WdX2pKeX3trm
I have asked Sam to sign the address so that it can be proven without a doubt that Labcoin is indeed the entity mining.
According to Sam the initial hash rate will be 'a few' TH and will be scaled up in the coming days as more miners come online.
TLDR; Pool mining is being integrated and will be running in the next few hours (less than 12). Address provided above will be used for mining and will be signed as proof. Initial mining will be 'a few' TH and scaled up in the coming days.
lol....
dickhead
That's it. I am out of this security.