LSM Labs is Dead (But Don't Celebrate Just Yet)
LSM Labs is gone, but we've still got a lot of work to do. Just yesterday, CCN exposed LSM Labs, a blatantly obvious scam. The so-called “world class semiconductor engineering company which manufactures leading edge Bitcoin ASIC processors and systems” used various shady practices to promote itself, including buying fake reviews on Bitcointalk and contributing several “articles” (that were really just advertisements for LSM) to various Bitcoin news sites. A few hours after CCN’s reveal, LSM Labs quickly took down their website without warning. It might be tempting to celebrate this....
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