Bitcoin Forum
December 04, 2016, 08:29:12 AM *
News: Latest stable version of Bitcoin Core: 0.13.1  [Torrent].
 
   Home   Help Search Donate Login Register  

Warning: Moderators do not remove likely scams. You must use your own brain: caveat emptor. Watch out for Ponzi schemes. Do not invest more than you can afford to lose.

Pages: « 1 ... 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 [64] 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 ... 158 »
  Print  
Author Topic: Starting a new FPGA mining farm/contract! Cognitive Resurrected on[Havelock]  (Read 274531 times)
superresistant
Legendary
*
Offline Offline

Activity: 1316



View Profile
September 13, 2013, 04:37:15 PM
 #1261

Great post theterabyte.

Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1480840152
Hero Member
*
Offline Offline

Posts: 1480840152

View Profile Personal Message (Offline)

Ignore
1480840152
Reply with quote  #2

1480840152
Report to moderator
Garr255
Legendary
*
Offline Offline

Activity: 952


What's a GPU?


View Profile
September 14, 2013, 06:58:25 AM
 #1262

Here's a screenshot of the dashboard for one of the private pools we're operating on. The new BFL units fluctuate speed a bit, but it averages out to right where the expected hashrate should be.

Cheers,
Garrett

https://dl.dropboxusercontent.com/u/9542654/btc/Cognitive/BFLs.png

“First they ignore you, then they laugh at you, then they fight you, then you win.”  -- Mahatma Gandhi

Average time between signing on to bitcointalk: Two weeks. Please don't expect responses any faster than that!
zefyr0s
Sr. Member
****
Offline Offline

Activity: 245



View Profile
September 14, 2013, 01:00:50 PM
 #1263

Did they really add ~200% to the total hash rate?
keemao
Jr. Member
*
Offline Offline

Activity: 35



View Profile
September 14, 2013, 01:30:54 PM
 #1264

Hello...
I'm a newbie, so please excuse my stupid question... Wink
What is the hashingpower right now?
...and how much are we paying pr g/h at todays share-price?


investr
Full Member
***
Offline Offline

Activity: 222


View Profile
September 14, 2013, 03:08:46 PM
 #1265

750gh/s

You can do the math from there to figure out price per gh/s.

Successful transactions: http://pastebin.com/GM27Ju59
keemao
Jr. Member
*
Offline Offline

Activity: 35



View Profile
September 15, 2013, 10:24:31 AM
 #1266

WOW...
Then i'll sell my jupiter to you guys...  Grin
theterabyte
Member
**
Offline Offline

Activity: 118


View Profile
September 15, 2013, 06:15:11 PM
 #1267

If our current hashrate is 750HG/s, our projected december hashrate is 10TH/s, and our project Q2 2014 hashrate is 1048TH/s, then:

Assuming COG.F1 converts to COG.F2 and both mature in December and the additional 600 contracts are sold and mature (they would only mature when we start receiving CT hardware) that means currently 800 contracts or 16000 additional shares

(using today's 24-avg of 0.192BTC/share)
Total hash rate | Total shares | GH/share | BTC/GH
750GH | 10420 | .0720 GH/share | 0.138BTC/GH
10TH | 26420 | 0.381GH/share | 0.5BTC/GH
1048TH | 26420 | 39.9GH/share | 0.0048BTC/GH

So today we have a share price indicating 0.138BTC/GH, but if our future plans pan out we can expect to have 0.38GH/share by December/January and buying today and holding until we have 1048TH would mean getting 0.0048BTC/GH, IMO this is a risky but high-reward investment (since there is the risk of CT plus the risk of network difficulty going crazy), but historically COG has been well-managed so I am not worried about risk from there.

If you instead use 0.25 as the share price (the share price when you buy COG.F2 at 5btc) you get 0.00626BTC/GH, still a very good deal.


My Bitcoin Tip Jar: 11Ws5nzwy44cMcymu6ddRxdp9uvDonNqB
theterabyte
Member
**
Offline Offline

Activity: 118


View Profile
September 16, 2013, 01:35:45 AM
 #1268

I hope Garr can post an update with more details early this week.  Maybe the NDA will have lifted? Or, maybe he can at least tell us when the NDA will lift?  I suspect what people really want to see is evidence that the hardware cog is buying is actually a much better deal than is available to your average direct buyer, as well as other competing mining companies.

My Bitcoin Tip Jar: 11Ws5nzwy44cMcymu6ddRxdp9uvDonNqB
Tafelpoot
Full Member
***
Offline Offline

Activity: 191


View Profile
September 18, 2013, 11:43:03 AM
 #1269

Share price has gone under 0.2 this week.
It does not make sense to issue shares at a "discount" at 5btc for 20 shares, while current share price is lower.
I believe it is in main interest of shareholders if Cognitive buys back shares up to 0.25, and use those treasury shares to fulfill CogF2 when it finishes.
This is better than creating extra shares for CogF2.

Furthermore I want to see a deadline with refund policy on the CogF2 hardware purchase, as there was one on CogF.
Quote from: CogF
If there isn't enough demand to purchase a single bitcoin miner after a week of the first sale of a COG.F contract, COG.F purchases will be refunded

I'm not really pleased with the silence on Garr's end. And the website hasn't been updated for over a month.
JimiQ84
Sr. Member
****
Offline Offline

Activity: 406


View Profile
September 18, 2013, 07:32:03 PM
 #1270

I am curious, why garr doesn't change the name of thread to simply COGNITIVE?
kakobrekla
Hero Member
*****
Offline Offline

Activity: 714


Psi laju, karavani prolaze.


View Profile
September 18, 2013, 07:35:40 PM
 #1271

Lol, some retarded kiddo with 10 shill accounts for self-promotion, bid-faking and you think there is business to be done here? Oh people, get serial.

theterabyte
Member
**
Offline Offline

Activity: 118


View Profile
September 18, 2013, 08:32:08 PM
 #1272

Lol, some retarded kiddo with 10 shill accounts for self-promotion, bid-faking and you think there is business to be done here? Oh people, get serial.

Yeah, 750 GH/s is definitely one lone kid with 10 shill accounts. Definitely not a valuable mining cooperative.  Thanks for adding your astute observations to the intellectual discussion

My Bitcoin Tip Jar: 11Ws5nzwy44cMcymu6ddRxdp9uvDonNqB
kakobrekla
Hero Member
*****
Offline Offline

Activity: 714


Psi laju, karavani prolaze.


View Profile
September 18, 2013, 09:34:01 PM
 #1273

Lol, some retarded kiddo with 10 shill accounts for self-promotion, bid-faking and you think there is business to be done here? Oh people, get serial.

Yeah, 750 GH/s is definitely one lone kid with 10 shill accounts. Definitely not a valuable mining cooperative.  Thanks for adding your astute observations to the intellectual discussion

You are welcome, mr nobody.

Dataroth
Member
**
Offline Offline

Activity: 61


View Profile
September 19, 2013, 12:15:14 AM
 #1274

Did Cognitive have a separate Avalon group buy from the one listed in the group buys section?  I'm asking because Garr received a refund on 9/11/13 from Avalon that he sent to another address where it's sitting now.

https://blockchain.info/tx/61da257b9ee2547c953ed2c7a4fa38186791bc8d633b4636c20647c0fa0ed4ba

Just wondering. I'm in that group buy and he hasn't mentioned getting a refund for it yet.
superresistant
Legendary
*
Offline Offline

Activity: 1316



View Profile
September 20, 2013, 08:45:35 AM
 #1275

Lol, some retarded kiddo with 10 shill accounts for self-promotion, bid-faking and you think there is business to be done here? Oh people, get serial.

Yeah, 750 GH/s is definitely one lone kid with 10 shill accounts. Definitely not a valuable mining cooperative.  Thanks for adding your astute observations to the intellectual discussion

Don't feed the troll

kakobrekla
Hero Member
*****
Offline Offline

Activity: 714


Psi laju, karavani prolaze.


View Profile
September 20, 2013, 06:58:52 PM
 #1276

Lol, some retarded kiddo with 10 shill accounts for self-promotion, bid-faking and you think there is business to be done here? Oh people, get serial.

Yeah, 750 GH/s is definitely one lone kid with 10 shill accounts. Definitely not a valuable mining cooperative.  Thanks for adding your astute observations to the intellectual discussion

Don't feed the troll

Or retards.

iCEBREAKER
Legendary
*
Offline Offline

Activity: 1498


Crypto is the separation of Power and State.


View Profile WWW
September 21, 2013, 11:40:56 PM
 #1277

 Huh  Why has COG.F2 trading been frozen?

The difference between bad and well-developed digital cash will determine whether we have a dictatorship or a real democracy.  David Chaum 1996
Fungibility provides privacy as a side effect.  Adam Back 2014
"Monero" : { Private - Auditable - 100% Fungible - Flexible Blocksize - Wild & Free® - Intro - Wallets - Podcats - Roadmap - Dice - Blackjack - Github - Android }


Bitcoin is intentionally designed to be ungovernable and governance-free.  luke-jr 2016
Blocks must necessarily be full for the Bitcoin network to be able to pay for its own security.  davout 2015
Blocksize is an intentionally limited resource, like the 21e6 BTC limit.  Changing it degrades the surrounding economics, creating negative incentives.  Jeff Garzik 2013


"I believed @Dashpay instamine was a bug & not a feature but then read: https://bitcointalk.org/index.php?topic=421615.msg13017231#msg13017231
I'm not against people making money, but can't support questionable origins."
https://twitter.com/Tone_LLT/status/717822927908024320


The raison d'être of bitcoin is trustlessness. - Eric Lombrozo 2015
It is an Engineering Requirement that Bitcoin be “Above the Law”  Paul Sztorc 2015
Resiliency, not efficiency, is the paramount goal of decentralized, non-state sanctioned currency -Jon Matonis 2015

Bitcoin is intentionally designed to be ungovernable and governance-free.  luke-jr 2016

Technology tends to move in the direction of making surveillance easier, and the ability of computers to track us doubles every eighteen months. - Phil Zimmerman 2013

The only way to make software secure, reliable, and fast is to make it small. Fight Features. - Andy Tanenbaum 2004

"Hard forks cannot be co
iCEBREAKER
Legendary
*
Offline Offline

Activity: 1498


Crypto is the separation of Power and State.


View Profile WWW
September 22, 2013, 03:48:10 AM
 #1278

Huh  Why has COG.F2 trading been frozen?

Where do you see that it is frozen?

When I try to place an order, it says 'asset frozen.'   Undecided

The difference between bad and well-developed digital cash will determine whether we have a dictatorship or a real democracy.  David Chaum 1996
Fungibility provides privacy as a side effect.  Adam Back 2014
"Monero" : { Private - Auditable - 100% Fungible - Flexible Blocksize - Wild & Free® - Intro - Wallets - Podcats - Roadmap - Dice - Blackjack - Github - Android }


Bitcoin is intentionally designed to be ungovernable and governance-free.  luke-jr 2016
Blocks must necessarily be full for the Bitcoin network to be able to pay for its own security.  davout 2015
Blocksize is an intentionally limited resource, like the 21e6 BTC limit.  Changing it degrades the surrounding economics, creating negative incentives.  Jeff Garzik 2013


"I believed @Dashpay instamine was a bug & not a feature but then read: https://bitcointalk.org/index.php?topic=421615.msg13017231#msg13017231
I'm not against people making money, but can't support questionable origins."
https://twitter.com/Tone_LLT/status/717822927908024320


The raison d'être of bitcoin is trustlessness. - Eric Lombrozo 2015
It is an Engineering Requirement that Bitcoin be “Above the Law”  Paul Sztorc 2015
Resiliency, not efficiency, is the paramount goal of decentralized, non-state sanctioned currency -Jon Matonis 2015

Bitcoin is intentionally designed to be ungovernable and governance-free.  luke-jr 2016

Technology tends to move in the direction of making surveillance easier, and the ability of computers to track us doubles every eighteen months. - Phil Zimmerman 2013

The only way to make software secure, reliable, and fast is to make it small. Fight Features. - Andy Tanenbaum 2004

"Hard forks cannot be co
VolanicEruptor
Sr. Member
****
Offline Offline

Activity: 392



View Profile
September 22, 2013, 06:28:02 AM
 #1279

"Anonymous voted NO with comment: Untrustworthy, caught putting in fake bids to increase price on own bitcointalk auctions with sock puppet accounts. Showed no remorse when caught. "

Is this true??  Shocked

KCBitcoin
Full Member
***
Offline Offline

Activity: 224



View Profile
September 22, 2013, 06:43:53 AM
 #1280

zero updates?
too busy?
is first-year college supposed to be all about partying?
Pages: « 1 ... 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 [64] 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 ... 158 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!