Okay so what stops the scammer from forming a team then taking turns and pointing their rigs? The scammer doing this could always call in a few of his friends.
you know what stops it?
Details from Labcoin themselves. Where are they mining, posting the hash rate, etc.
As long as scamming continues to be profitable, people will continue to do it.
That would only make it worse. Then you'd want pictures to prove its them mining. Then you'd want video because of photoshop. Then you'd want gerber files and an explanation for why they missed deadlines.
Maybe they don't want to explain? Maybe they just want to make money?
What difference does it make? In a few weeks either they'll be mining full speed or everyone will peace out.
Maybe because he bought his cheap shares and he wants you to buy yours. I don't deny that he probably is buying them cheap. But he has said things which crashed the price and missed deadlines that he has set down to the hour.
and you think that's the behavior of a legit business person?
Virtual business person. virtual business. If you wanted a legit business person why don't you deal with the SEC?