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Author Topic: Starting a new FPGA mining farm/contract! Cognitive Resurrected on[Havelock]  (Read 300467 times)
friedcat
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March 25, 2012, 12:45:27 PM
 #101

Yes, yesterday there was a purchase of 1200 shares.

Your mining farm is quite promising. Too bad we failed to catch the last bus of the
Cognitive IPO. Sad

If the company is a good company with a integrity manager and promising future, you should not stop buy it only because the price doubled. based on my calculation, Cognitive is still one of the mining shares which has great investment value on the GLBSE, compared to lots of mining company.

You are right. We will continue studying Cognitive (as well as mining with existing FPGA chips in general) to decide whether to hold some of it now or wait for the next round of its IPO. Smiley

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Garr255 (OP)
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March 26, 2012, 06:59:43 AM
 #102

Twelve more boards have been paid for. I am going to purchase five more fans (larger heatsinks on the rev3 boards means we need 2" spacers), two USB hubs, and four molex splitters right now.

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March 26, 2012, 04:07:36 PM
 #103

Are all the boards being received the rev 3 version?  Just checking for which size screw standoff I should send you.

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March 26, 2012, 05:29:53 PM
 #104

Are all the boards being received the rev 3 version?  Just checking for which size screw standoff I should send you.

AFAIK yes. Rev2 has been sold out since quite a while now.

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March 26, 2012, 05:30:26 PM
 #105

Just confirming, yes. 2" standoffs would be optimal.

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March 26, 2012, 06:07:00 PM
Last edit: March 26, 2012, 06:20:38 PM by Garr255
 #106

Thanks!
I'm probably going to house them on top of my server box, which is currently in my room getting Ubuntu installed.
I plan to post tons of pictures, and a live video feed of the unboxing and setup.

Edit: I just updated the on site inventory.

It has been recommended by fizzisist that we purchase two of these:

http://www.newegg.com/Product/Product.aspx?Item=N82E16817371033

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March 26, 2012, 06:59:58 PM
 #107

Thanks!
I'm probably going to house them on top of my server box, which is currently in my room getting Ubuntu installed.
I plan to post tons of pictures, and a live video feed of the unboxing and setup.

Edit: I just updated the on site inventory.

It has been recommended by fizzisist that we purchase two of these:

http://www.newegg.com/Product/Product.aspx?Item=N82E16817371033

Yes, electricity backup is a high priority as much as secure storage of any current bitcoin assets the company holds.

Introducing constraints to the economy only serves to limit what can be economical.
Garr255 (OP)
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March 27, 2012, 12:44:48 AM
Last edit: March 27, 2012, 01:28:41 AM by Garr255
 #108

I just purchased them and the changes are reflected on the site.
Remaining funds: 27.28

Edit: I just added links to all the items we have.

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March 27, 2012, 01:16:02 AM
Last edit: March 27, 2012, 01:32:04 AM by Garr255
 #109

I'm going to pay another 1BTC test dividend in the next few minutes, this will be the first on GLBSE 2.0

Edit: Dividend paid.

Also, Nefario, the linkedin verification should have a check. Not really important, just the big red X caught my eye.

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March 27, 2012, 03:06:10 AM
 #110

On another note, I believe we have everything we need purchased, now it's just the waiting game! We have about 27BTC of extra funds. What does everyone propose we do with this?

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March 27, 2012, 03:08:51 AM
 #111

On another note, I believe we have everything we need purchased, now it's just the waiting game! We have about 27BTC of extra funds. What does everyone propose we do with this?

IMO, get an emergency fund created in case of unexpected expenses.

Introducing constraints to the economy only serves to limit what can be economical.
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March 27, 2012, 03:32:28 AM
 #112

That has been suggested by someone else as well, so that's what I'm planning to do.

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March 27, 2012, 03:50:42 AM
 #113

So it looks like we have 18 x6500s for a total of ~7.2GH?
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March 27, 2012, 04:20:32 AM
 #114

Assuming the ideal 400mh from each, yes.

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March 27, 2012, 05:38:55 AM
 #115

Cognitive .

Garr255 (OP)
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March 27, 2012, 05:58:35 AM
 #116

Cognitive .

I like to think so Smiley

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March 27, 2012, 02:48:11 PM
 #117

18 x6500 boards, thats really impressive.  This is going to be a sweet mining farm, I'm stoked.

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March 31, 2012, 07:23:35 AM
 #118

Thanks, guys! I'm pretty excited to get everything up and running next week!

Edit: The first six boards have been shipped! Should arrive Monday or Tuesday.

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March 31, 2012, 10:20:38 AM
 #119

After reading that you are in ID I am going to buy some shares. I'm in MT and you are probably the closest operation to me!
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March 31, 2012, 04:06:14 PM
 #120

Thanks, guys! I'm pretty excited to get everything up and running next week!

Edit: The first six boards have been shipped! Should arrive Monday or Tuesday.


Great!

But it seems that the reporting infrastructure is not ready on the site. The mining hash power status, the real time bitcoin balance, I think all this should be reported as btcsyn.com does.

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