View source for Labcoin

{{lowercase}}{{Infobox company|name=labcoin|image=[[{{ns:File}}:Logo-labcoin.png]]|website=[http://www.labcoin.com/ labcoin.com]|bitcointalk=120219}}
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labcoin was purportedly a company run by iTec Pro Limited which made claims to several [[ASIC]] hardware developments and sought investment by common members of the public.

Many of its claims were refuted and media released was claimed to have been manipulated or be of infeasible design for the claims.  By the 5th of November, some of the investors made claims to begin a lawsuit against the people involved in what they believe to have been a scam.

==Chronology==
<table class="wikitable"><tr><th style="width:8em;">date/link</th><th>summary</th></tr>
<tr style="font-size:75%;"><td>2013/06/23 [https://bitcointalk.org/index.php?topic=241033.msg2554236#msg2554236]</td><td>announcement</td></tr>
<tr style="font-size:75%;"><td>2013/06/25 [https://bitcointalk.org/index.php?topic=241033.msg2571135#msg2571135]</td><td>first involvement by TheSwede75</td></tr>
<tr style="font-size:75%;"><td>2013/06/27 [http://www.labcoin.com/presentation.html]</td><td>first mention of involvement by theSeven (behind FPGA design on which the ASIC was to be based)</td></tr>
<tr style="font-size:75%;"><td>2013/07/03 [https://bitcointalk.org/index.php?topic=241033.msg2640643#msg2640643]</td><td>180nm cancellation, reveal of two separate 65nm efforts</td></tr>
<tr style="font-size:75%;"><td>2013/07/04 [https://bitcointalk.org/index.php?topic=241033.msg2650832#msg2650832]</td><td>TSMC mention</td></tr>
<tr style="font-size:75%;"><td>2013/07/06 [https://bitcointalk.org/index.php?topic=241033.msg2657084#msg2657084]</td><td>chinese team 65nm specs</td></tr>
<tr style="font-size:75%;"><td>2013/07/06 [https://bitcointalk.org/index.php?topic=241033.msg2664903#msg2664903]</td><td>chinese team 65nm specs, 130nm+die size mention</td></tr>
<tr style="font-size:75%;"><td>2013/07/06 [https://bitcointalk.org/index.php?topic=241033.msg2665401#msg2665401]</td><td>130nm core count mention, 65nm specs</td></tr>
<tr style="font-size:75%;"><td>2013/07/06 [https://bitcointalk.org/index.php?topic=241033.msg2667554#msg2667554]</td><td>specs 130nm</td></tr>
<tr style="font-size:75%;"><td>2013/07/12 [https://bitcointalk.org/index.php?topic=241033.msg2710379#msg2710379]</td><td>SZICC mention</td></tr>
<tr style="font-size:75%;"><td>2013/06/16 [https://bitcointalk.org/index.php?topic=241033.msg2742622#msg2742622]</td><td>TheSwede75's official involvement</td></tr>
<tr style="font-size:75%;"><td>2013/07/18 [https://bitcointalk.org/index.php?topic=241033.msg2755906#msg2755906]</td><td>to fab 'next week' mention</td></tr>
<tr style="font-size:75%;"><td>2013/07/23 [https://bitcointalk.org/index.php?topic=263445.msg2814423#msg2814423]</td><td>IPO[https://btct.co/security/LABCOIN] thread started by TheSwede75</td></tr>
<tr style="font-size:75%;"><td>2013/07/27 [https://bitcointalk.org/index.php?topic=263445.msg2814423#msg2814423]</td><td>specs/die size/die design image</td></tr>
<tr style="font-size:75%;"><td>2013/08/02 [https://bitcointalk.org/index.php?topic=241033.msg2854498#msg2854498]</td><td>delivery in september (130nm, 65nm still under design)</td></tr>
<tr style="font-size:75%;"><td>2013/08/03 [https://bitcointalk.org/index.php?topic=241033.msg2859495#msg2859495]</td><td>use 130nm in-house before larger run</td></tr>
<tr style="font-size:75%;"><td>2013/08/08 [https://bitcointalk.org/index.php?topic=241033.msg2892204#msg2892204]</td><td>130nm specs, die size, etc.</td></tr>
<tr style="font-size:75%;"><td>2013/08/28 [https://bitcointalk.org/index.php?topic=263445.msg3034290#msg3034290]</td><td>reel chip image, photoshopped (https://bitcointalk.org/index.php?topic=263445.msg3116166#msg3116166) claims it was due to 'rough chip packaging' (https://bitcointalk.org/index.php?topic=263445.msg3116299#msg3116299)</td></tr>
<tr style="font-size:75%;"><td>2013/09/14 [https://bitcointalk.org/index.php?topic=263445.msg3148724#msg3148724]</td><td>specs, blurry pcb/tray image</td></tr>
<tr style="font-size:75%;"><td>2013/09/14 [https://bitcointalk.org/index.php?topic=263445.msg3148974#msg3148974]</td><td>better image (possibly: page00479.html.2.4qqgoPD.jpg)</td></tr>
<tr style="font-size:75%;"><td>2013/09/14 [https://bitcointalk.org/index.php?topic=263445.msg3150223#msg3150223]</td><td>imgur'd versions of both above</td></tr>
<tr style="font-size:75%;"><td>2013/09/15 [https://bitcointalk.org/index.php?topic=263445.msg3156110#msg3156110]</td><td>chips in tray/iffy PCB image</td></tr>
<tr style="font-size:75%;"><td>2013/09/26 [https://bitcointalk.org/index.php?topic=263445.msg3258373#msg3258373]</td><td>mention of howard wang leaving team (in august)</td></tr>
<tr style="font-size:75%;"><td>2013/10/06 [http://www.reddit.com/r/Bitcoin/comments/1ntdxt/howard_wang_responds_to_qa_labcoin_is_a_scam/]</td><td>howard wang (130nm designer) view of timeline</td></tr>
<tr style="font-size:75%;"><td>2013/10/09 [https://bitcointalk.org/index.php?topic=263445.msg3303684#msg3303684]</td><td>TheSwede75 (PR/community liaison) stating frustration with labcoin's absence</td></tr>
<tr style="font-size:75%;"><td>2013/10/17 [https://bitcointalk.org/index.php?topic=312971.msg3357082#msg3357082]</td><td>last post by theSeven, distantiating himself from labcoin.</td></tr>
<tr style="font-size:75%;"><td>2013/10/21 [https://bitcointalk.org/index.php?topic=263445.msg3327454#msg3327454]</td><td>130nm work finished by somebody else, 65nm development suspended</td></tr>
<tr style="font-size:75%;"><td>2013/10/26 [https://bitcointalk.org/index.php?topic=263445.msg3417016#msg3417016]</td><td>last post by official account mentioning deployment of 10Th/s</td></tr>
<tr style="font-size:75%;"><td>2013/11/05 [https://bitcointalk.org/index.php?topic=246228.msg3485462#msg3485462]</td><td>last post by TheSwede75</td></tr>
<tr style="font-size:75%;"><td>2013/11/05 [https://bitcointalk.org/index.php?topic=325431.msg3488846#msg3488846]</td><td>lawsuit initiative</td></tr>
<tr style="font-size:75%;"><td>2013/11/28 [https://bitcointalk.org/index.php?action=profile;u=120219]</td><td>last activity on official account</td></tr>
<tr style="font-size:75%;"><td>2013/11/30 [https://bitcointalk.org/index.php?action=profile;u=90389]</td><td>last activity by TheSwede75</td></tr>
<tr style="font-size:75%;"><td>2014/04/08 [https://bitcointalk.org/index.php?action=profile;u=15929]</td><td>last activity by theSeven</td></tr>
</table>