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Author Topic: Starting a new FPGA mining farm/contract! Cognitive Resurrected on[Havelock]  (Read 274492 times)
KCBitcoin
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February 21, 2014, 10:03:03 PM
 #2241

Also, with the new hardware coming in it is time to get rid of the old BFL and Avalon hardware. In-hand hardware is always in high demand, so we shouldn't have a problem selling it. I will put up for sale threads today.
agreed. Cheesy
please also come up with a plan on how we are going to spend the btc reserve we have and the 50% btc that will be mining from the 28TH.
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Garr255
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February 21, 2014, 10:41:32 PM
 #2242

Crosspost: https://bitcointalk.org/index.php?topic=481003.0

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

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February 21, 2014, 10:42:06 PM
 #2243

Also, with the new hardware coming in it is time to get rid of the old BFL and Avalon hardware. In-hand hardware is always in high demand, so we shouldn't have a problem selling it. I will put up for sale threads today.
agreed. Cheesy
please also come up with a plan on how we are going to spend the btc reserve we have and the 50% btc that will be mining from the 28TH.

Already working on that; I'm in the loop on what's next with a few key mining companies, so we will know exactly where to put our holdings Smiley

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

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elasticband
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February 21, 2014, 11:50:31 PM
 #2244

so its not about how many units, its about the 28TH! hooray!


Good work!
28TH + lateness compensation Smiley

Cheers
Garr255
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February 22, 2014, 12:37:27 AM
 #2245

so its not about how many units, its about the 28TH! hooray!


Good work!
28TH + lateness compensation Smiley

Cheers

^ I think you messed up the formatted there. Regardless, message received Smiley

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

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snowdropfore
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February 22, 2014, 12:45:52 AM
 #2246

28th?? can we get the ipo price  5B per share back  with the dividends??
Garr255
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February 22, 2014, 03:52:19 AM
 #2247

28th?? can we get the ipo price  5B per share back  with the dividends??

Well I certainly think we're heading that way and beyond Smiley

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

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February 22, 2014, 07:06:22 AM
 #2248

28th?? can we get the ipo price  5B per share back  with the dividends??

Well I certainly think we're heading that way and beyond Smiley
thank you for your hard wortk,I am so glad to invest in cog rather than basic-mining, it seems the CEO have ran away.
elasticband
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February 22, 2014, 07:14:50 AM
 #2249


typing on my mobile has never been my strong point....... very well done sir!
so its not about how many units, its about the 28TH! hooray!


Good work!
28TH + lateness compensation Smiley

Cheers

^ I think you messed up the formatted there. Regardless, message received Smiley
Garr255
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February 22, 2014, 10:30:55 AM
 #2250


so its not about how many units, its about the 28TH! hooray!



28TH + lateness compensation Smiley

Cheers
Good work!

^ I think you messed up the formatted there. Regardless, message received Smiley




typing on my mobile has never been my strong point....... very well done sir!

Fixed the formatting for ya Tongue

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

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elasticband
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February 22, 2014, 11:26:30 AM
 #2251

 Grin It was meant in humor, i couldn't be that accurately wrong on purpose from my mobile.


so what do you think of the CT machines, from a unbiased miners perspective? yeah we know they haven't met the requirements, but how is the design, usability, heat, noise , initial setup?
KCBitcoin
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February 22, 2014, 03:57:40 PM
 #2252

hey garr,
whats with the hash rate drop, did u talk to CT about the said defective units?
superresistant
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February 22, 2014, 06:07:35 PM
 #2253

28th?? can we get the ipo price  5B per share back  with the dividends??
Well I certainly think we're heading that way and beyond Smiley
thank you for your hard wortk,I am so glad to invest in cog rather than basic-mining, it seems the CEO have ran away.

That is a big problem. It seems that all mining company are scams. It is a miracle that Cognitive is not.
Cognitive may be soon the only alive mining company that isn't a scam. The price per share will definitely skyrocket.

investr
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February 22, 2014, 10:02:26 PM
 #2254

Why sell the non-CT hardware?

Successful transactions: http://pastebin.com/GM27Ju59
Cognitive-PR
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February 23, 2014, 01:07:07 AM
 #2255

Why sell the non-CT hardware?

The new hardware is more efficient, and right now it is better to allocate time and funds to the newest hardware.

- Samuel
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February 23, 2014, 01:10:53 AM
 #2256

But less efficient doesn't mean unprofitable. You'd have to show me some real analysis for me to believe it's not worth the time.

Successful transactions: http://pastebin.com/GM27Ju59
killerstorm
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February 23, 2014, 02:19:26 AM
 #2257

But less efficient doesn't mean unprofitable. You'd have to show me some real analysis for me to believe it's not worth the time.

It is profitable to run it. BUT it is more profitable to sell it than to mine with it.

It was even mentioned why: there are people who want to buy mining hardware and do not care about doing "real analysis".

colored coins proof-of-concept: private currencies, stock/bond p2p exchange

Tips and donations: 16v13Fa9cPmfFzpm9mmbWwAkXY4gyY6uh4
Cognitive-PR
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February 23, 2014, 03:36:15 AM
 #2258

hey garr,
whats with the hash rate drop, did u talk to CT about the said defective units?

Unfortunately some of the units have faulty firmware. They need to be fixed so they don't corrupt when the power cycles. Garrett is working on this problem, but the plan is to move the units to a location in Washington at the end of next week where this shouldn't be a problem.

- Samuel
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February 23, 2014, 04:01:56 AM
 #2259


so what do you think of the CT machines, from a unbiased miners perspective? yeah we know they haven't met the requirements, but how is the design, usability, heat, noise , initial setup?


Garret says he plans to do a review of all of the hardware once things calm down a bit. But if you really need it now, I can likely get you more information.

- Samuel
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February 23, 2014, 06:42:51 AM
 #2260

What is the status of shares being converted?

Edit: I do not think this has been answered because there will be a div before the rest of the hardware arrives and nothing has been stated about the fairness of the shares not being converted before then and the reason as to why they won't be.

I do not own any of cog.f1 or 2
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