Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)
Now they have a ton of chips which probably can't handle more than 2W which means running them at 10% speed (or slower).
Wow. And here I thought it was going to be 50%.What a waste.
Well 10% was a SWAG. Without knowing the specific details of the chip it is hard to say how bad it is. Still assumming there is a chip and it otherwise works it could have been avoided by using the right package.
i'm imagining you shaking your fist and screaming damn you howard on top of your lungs
Package choice was probably down to "management"
Yeah, I'm sure this was the case. And the thing is, he seemed no idea what was wrong with the chips until now. Otherwise he could have just said so.
So people in the forum were able to figure out the problem in just a few hours just from looking at photographs while it took this guy, what, over a month to figure out what the problem was (or at least communicate it)
And meanwhile (at least according to him) he's working another job and traveling all over the world while completely ignoring the company he's supposed to be running on behalf of shareholders, and not bothering to follow up with anything while there's no hashrate and the share prices are tanking.
Yeah this is utterly insane, to have this guy do this part time. Forum member figured out the problem within a few hours and it took Sam months.
Scary stuff