Looked over the recent updates/nonsensical posts. It's still not clear is Masbark is posting out of desperation while reminiscing about his account value in the golden days (last week), or if he's gullible beyond belief. You actually took the time to do a series of calculations that rely on the fallacy that labcoin could possibly end the year with 500TH? Every week, labcoin has disappointing news about their first batch of chips. Somehow, every week, labcoins hashrate projections for the rest of the year increase as we hear this news about how shitty their chips are. Is anyone else a little confused about how labcoin's hashrate estimates are increasing enormously when the only new news is that their chips hash way slower than they planned on when making their initial (much more conservative) estimates for hardware deployment throughout Q4?
First the estimates drifted from 5-6Th/s down to 2 ("some issues with chips underperforming" is a pretty casual explanation for achieving 1/3 projected hashrate). A week later, we hear that LC is still "tweaking" the chips and boards to get them to run properly. We're simultaneously told that an enormous quantity of chips/boards have already been ordered, and this delivery will allow LC to meet these crazy projects. If the chips and boards still need "tweaking" (whatever that means, a week's worth of "tweaking" was insufficient) how is it possible that 100k more have already been ordered. I see two possible scenarios: LC lied and this batch of chips does not exist, OR the IPO funds were spent on 100,000 chips that hash well below projections and will all require "tweaking" to have any hope of hashing reliably in a large-scale operation. Now, I encourage someone to explain to me how labcoin has any hope of mining at 500TH in the coming months.