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Author Topic: Starting a new FPGA mining farm/contract! Cognitive Resurrected on[Havelock]  (Read 274400 times)
silverfuture
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November 14, 2013, 01:59:35 AM
 #1521

I believe CogF shares were to raise funds for an Avalon chip buy, not more BFL equipment. The refund from Avalon was to go towards the Cointerra purchase along with CogF2. There seems to be some confusion concerning that.

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Garr255
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November 14, 2013, 02:04:21 AM
 #1522

Starting a new FPGA mining farm/contract!

The most resilient FPGA mining contract!

Thanks Cheesy That title is a bit dated isn't it... I figure it has a kind of positive stigma associated with it so that's why it has stayed the same so long Tongue Actually I just wrote a song title resilient this weekend... Anyway, back on topic!

Everything is ready to go at Havelock. So, all Cognitive shareholders: Please register for an account at https://www.havelockinvestments.com using the same email you had on BTC-TC to enable Havelock to push shares to your account. They currently do not have a system in place that will automatically generate accounts for shareholders, so for now we will be pushing shares to email addresses daily. So the sooner you register the better!

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

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Garr255
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November 14, 2013, 02:05:28 AM
 #1523

I believe CogF shares were to raise funds for an Avalon chip buy, not more BFL equipment. The refund from Avalon was to go towards the Cointerra purchase along with CogF2. There seems to be some confusion concerning that.

This is correct. The Avalon purchase was refunded then those coins were used to purchase CT hardware which will be delivered in January, which is when COG.F and COG.F2 contracts will be converted.

--Garrett

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

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investr
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November 14, 2013, 02:15:20 AM
 #1524

Alright. Who broke Havelock... Angry

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November 14, 2013, 02:17:29 AM
 #1525

It won't load for me either.  Fingers still crossed, I don't know if they will uncross once it's time. May be stuck like this.

Edit: ok back up and running and have received my shares in my portfolio.   Smiley

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November 14, 2013, 02:21:51 AM
 #1526

Can confirm having COG shares in my Havelock account.

Edit: Will the month's worth of dividends also be released tonight?

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November 14, 2013, 02:22:18 AM
 #1527

It won't load for me either.  Fingers still crossed, I don't know if they will uncross once it's time. May be stuck like this.

Loading fine for me here... backend servers look fine too.. maybe a temporary cloudflare glitch... they've had more and more of those recently... getting very frustrating...


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November 14, 2013, 02:36:29 AM
 #1528

It won't load for me either.  Fingers still crossed, I don't know if they will uncross once it's time. May be stuck like this.

Loading fine for me here... backend servers look fine too.. maybe a temporary cloudflare glitch... they've had more and more of those recently... getting very frustrating...


Site just worked fine for me as well, now to wait and see if my cognitive shares shows up
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November 14, 2013, 03:10:05 AM
 #1529

Can confirm having COG shares in my Havelock account.

Edit: Will the month's worth of dividends also be released tonight?


same here. thanks Garrett

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November 14, 2013, 03:12:04 AM
 #1530

We're live! The order books are filling up quite quickly Smiley

Dividends will not go out until 90% of the shares are transferred to the appropriate accounts, because Havelock does not have a way to retain dividends until the shares are claimed yet. I will update as soon as this happens!

Cheers!

--Garrett

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helloge
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I do escrow!


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November 14, 2013, 03:22:13 AM
 #1531

We're live! The order books are filling up quite quickly Smiley

Dividends will not go out until 90% of the shares are transferred to the appropriate accounts, because Havelock does not have a way to retain dividends until the shares are claimed yet. I will update as soon as this happens!

Cheers!

--Garrett

I can't find my cog.f2 shares in my account. what's up ?

Garr255
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November 14, 2013, 03:26:29 AM
 #1532

I can't find my cog.f2 shares in my account. what's up ?

All of the COG.F funds are accounted for and the status of these will be updated on Friday.

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

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Garr255
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November 14, 2013, 03:36:29 AM
 #1533

We're live! The order books are filling up quite quickly Smiley

Dividends will not go out until 90% of the shares are transferred to the appropriate accounts, because Havelock does not have a way to retain dividends until the shares are claimed yet. I will update as soon as this happens!

Cheers!

--Garrett

At least give the guys 2 weeks or so to sign up. Unless you are going to give the other guys by hand.

2 weeks is fair. Anything sooner is not really cool. Unless you will still get that to them somehow.

Yep I am going to have to do dividends by hand or hold dividends until people make accounts. I want to avoid this, so we will wait until 90% of shares are claimed on the exchange before issuing the first dividend.

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

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freedomno1
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November 14, 2013, 04:22:29 AM
 #1534

I wish Havelock made an ANN or something but nice to see a new old asset on the exchange

Garr255
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November 14, 2013, 04:32:09 AM
 #1535

I wish Havelock made an ANN or something but nice to see a new old asset on the exchange

I really pushed them to have COG up quickly so that explains the lack of an update. Once everyone creates their accounts we should see some volume and hopefully and increase back up above the BTC0.5 IPO in March 2012 when BTC was sub $20 Smiley

Cheers,
Garrett

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November 14, 2013, 04:37:03 AM
 #1536

i wish the cog shares price will stay at 0.3B per share.
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November 14, 2013, 07:03:51 AM
 #1537

lol,you are right, i didn't buy more shares before BTCT closing.,so i am kicking my ass all the time.
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November 14, 2013, 07:26:41 AM
 #1538

at long last, we can wank about the future value of COG again =)

Most of my past maths haven't really changed, but the rate of network increase has slightly leveled off over the last week or two.  I definitely don't think cog will be 2-4BTC like AsicMiner was at any time (unless we actually make the 1PH/s thing happen before anyone else, which is possible and AWESOME but I wouldn't bet on it).

That said, I think a really reasonable valuation could be 1BTC per share if we get our 28TH/s before the end of January and hear some really solid details on the next order as well (confidence we will be in the 200+ TH/s range, for example).  This is also contingent on cointerra not flooding the market TOO too much (just giving it all to us =). Obviously, the harder it is for the "average joe" to get CT equipment, the more valuable Garr's carefully constructed bulk pricing deals are =)

EDIT:  and in this context, when I say "leveled off" I mean "went from insanely exponential to just a little exponential".

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November 14, 2013, 07:35:19 AM
 #1539

I haven't been able to track any doubts that Cointerra will not deliver in January.  What's the consensus?
Garr255
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November 14, 2013, 07:45:29 AM
 #1540

I haven't been able to track any doubts that Cointerra will not deliver in January.  What's the consensus?

I spoke with Ravi, CoinTerra CEO today and he has confirmed that our order is on time and will be delivered in January.

at long last, we can wank about the future value of COG again =)

Most of my past maths haven't really changed, but the rate of network increase has slightly leveled off over the last week or two.  I definitely don't think cog will be 2-4BTC like AsicMiner was at any time (unless we actually make the 1PH/s thing happen before anyone else, which is possible and AWESOME but I wouldn't bet on it).

That said, I think a really reasonable valuation could be 1BTC per share if we get our 28TH/s before the end of January and hear some really solid details on the next order as well (confidence we will be in the 200+ TH/s range, for example).  This is also contingent on cointerra not flooding the market TOO too much (just giving it all to us =). Obviously, the harder it is for the "average joe" to get CT equipment, the more valuable Garr's carefully constructed bulk pricing deals are =)

EDIT:  and in this context, when I say "leveled off" I mean "went from insanely exponential to just a little exponential".

I believe your estimations are pretty accurate here; the goal is to always be exponentially increasing hashrate and therefore share value Smiley

“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!
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