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Author Topic: Starting a new FPGA mining farm/contract! Cognitive Resurrected on[Havelock]  (Read 274424 times)
Garr255
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June 10, 2012, 07:11:07 AM
 #341

All Shareholders:

If you want Cognitive to remain an awesome long term investment, please vote against Motion #7

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

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nimda
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June 10, 2012, 02:25:48 PM
 #342

Having a hard time with GLBSE's motions... last time I voted, the motions disappeared after voting; now they stay up with no indication that my vote was registered.

I recommend asking me for a signature from my GPG key before doing a trade. I will NEVER deny such a request.
Garr255
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June 10, 2012, 07:34:29 PM
 #343

They've never disappeared for me. You probably voted right before they ended.

There is no notification of whether you voted, this is on Nefario's huge list of things to add/fix...

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

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June 11, 2012, 08:23:12 AM
 #344

What happened ? COGNITIVE    30@0.0000002 Somebody mistyped ?
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June 11, 2012, 08:26:27 AM
 #345

What happened ? COGNITIVE    30@0.0000002 Somebody mistyped ?


I guess it's someone transferring shares between accounts to avoid the transaction fee.

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June 11, 2012, 08:55:17 AM
 #346

What happened ? COGNITIVE    30@0.0000002 Somebody mistyped ?

Maybe another compromised account, or just someone who needed cash now. Dunno how that could be a mistype. There's almost no bid depth anywhere on GLBSE.... even Gigamining suddenly dropped ~40% yesterday when someone dared sell >50BTC worth of shares. So, Cognitive should have a similar reaction whenever someone dares to sell >10BTC worth of shares. If someone needs to sell any significant amount of anything to the public for whatever reason, they'll get almost nothing. For significant transactions, you have to line up private buyers. It's irrational to sell Cognitive that low, but markets are not always rational, even if the creators of discord are in the minority. We'll still talk about their outliers, knowing it'll be utterly insignificant in the long-run, and perhaps in that respect, we're also acting irrationally just by talking about it.

There are a few different theories on why the bid orders are so awfully insignificant. I favor the argument that it's primarily a by-product of an extremely high-yield market. Nowhere else will you earn ~30-150% annual RoI with almost any credible security listed. It's thus extremely expensive (relative to most USD options) to maintain a bid order when you factor in opportunity cost. GLBSE tries to solve this by only charging a fee to the person who places an open-market order, but it's not nearly sufficient, and I don't know how they could fix this, perhaps without allowing uncovered orders again (that is, with 10BTC in your account, you can place a bid on Cognitive for 10BTC-worth of shares, another order for 10BTC-worth of Gigamining, and maybe 10BTC-worth of YABMC. It could be implemented where all other orders automatically cancel once one of your 10BTC bid orders are fulfilled somewhere, partially or in full). ramble,ramble,ramble...

Don't mix your coins someone said isn't legal
nimda
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June 11, 2012, 10:39:26 AM
 #347

Someone took a dump and sold down all of the bids... and I didn't have any nice low bid orders to catch it Cry

I recommend asking me for a signature from my GPG key before doing a trade. I will NEVER deny such a request.
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June 11, 2012, 08:13:15 PM
 #348

What happened ? COGNITIVE    30@0.0000002 Somebody mistyped ?

Maybe another compromised account

I can sadly confirm this theory :/

My tip jar: 13kwqR7B4WcSAJCYJH1eXQcxG5vVUwKAqY
Bitcoin Oz
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Wat


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June 12, 2012, 03:54:39 AM
 #349

What happened ? COGNITIVE    30@0.0000002 Somebody mistyped ?

Maybe another compromised account

I can sadly confirm this theory :/

Sorry to hear that. Didnt  you have 2 factor auth setup?

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June 12, 2012, 04:03:17 AM
 #350

What happened ? COGNITIVE    30@0.0000002 Somebody mistyped ?

Maybe another compromised account

I can sadly confirm this theory :/

Sorry to hear that. Didnt  you have 2 factor auth setup?

Yes, recommended for everyone.

Introducing constraints to the economy only serves to limit what can be economical.
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June 12, 2012, 01:57:56 PM
 #351

What happened ? COGNITIVE    30@0.0000002 Somebody mistyped ?

Maybe another compromised account

I can sadly confirm this theory :/

Dis the affect your own asset in any way?
TheSeven
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FPGA Mining LLC


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June 12, 2012, 07:12:27 PM
 #352

What happened ? COGNITIVE    30@0.0000002 Somebody mistyped ?

Maybe another compromised account

I can sadly confirm this theory :/

Dis the affect your own asset in any way?

If you mean the FPGA.Mining asset, this isn't being managed by me, but by fizzisist, so it isn't affected at all.
As an asset manager I would of course use a whole lot of additional security measures.

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Garr255
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June 13, 2012, 06:49:41 AM
 #353

That's quite a hit, 7. I'm going to send you a few coins for all the help you've given and basically the reworking of MPBM for Cognitive.


In other news, a massive lightning storm just passed through, which was completely awesome. It looked like someone had set up thousands of strobe lights in my yard. I just felt another thunder shockwave! I tried to get some video, but I didn't have a camera near by and the Blackberry didn't cut it.
More importantly, we had a power surge that put my stereo into demo mode, and the FPGAs cycled power (along with the host) and lost their bitstreams.

Everything is back to normal now and we're hashing away as usual. Everything corrected itself the way it should, and required no involvement on my part. I'm glad I was here to see it happen so we all know that thunder and lightning are no match for Cognitive Smiley

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

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June 14, 2012, 01:23:54 AM
 #354

Voting will close on June 13th at 06:00 pm GLBSE time.

How'd voting turn out?
Garr255
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June 14, 2012, 01:38:36 AM
 #355

Voting will close on June 13th at 06:00 pm GLBSE time.

How'd voting turn out?

The motions just expired 40 seconds ago. I don't know why it was so late, but I'll be back with the results in a minute.

“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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June 14, 2012, 01:57:27 AM
 #356

The second round of voting is closed. Here are the results:

Yes   No   Votes  Ratio (%)

1:
625  3004  3629    21

2:
690  2873  3563    24

3:
817  2765  3582    30

4:
731  2875  3606    25

5:
2375   1288   3663   184

6:
95    3514   3609   3

7:
1695   2192   3887   77

I'm very pleased to announce that Motion 5 is the winner. We have enough funds to buy six BitForce Singles, which will increase our total hashrate from 7200mh/s to at least 12192mh/s (assuming 832mh/s from each unit).

The singles will be purchased after our funds are entirely converted into BTC, which will be within 14 days.

“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!
GeoRW
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June 14, 2012, 05:30:42 AM
 #357

The singles will be purchased after our funds are entirely converted into BTC, which will be within 14 days.

How went the purchase of bitcoins from JWU42? And do you really mean to convert into BTC?
Garr255
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June 14, 2012, 05:42:20 AM
 #358

The singles will be purchased after our funds are entirely converted into BTC, which will be within 14 days.

How went the purchase of bitcoins from JWU42? And do you really mean to convert into BTC?

I sent out a check on Monday. He's going to send the coins when it clears.

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

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SaintFlow
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June 14, 2012, 12:20:56 PM
 #359

I was gone for half a week and come back to see my dividend canceled by a short notice revote.


May I ask by what authority?

Is not a vote necessary to demand a revote?
I mean all in 3 days?


account resurrected
the lurking ends
GeoRW
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June 14, 2012, 12:41:25 PM
 #360

I was gone for half a week and come back to see my dividend canceled by a short notice revote.


May I ask by what authority?

Is not a vote necessary to demand a revote?
I mean all in 3 days?



From contract: The operator reserves the rights, regardless of the amount of shares owned, to raise a motion, and sell all hardware.
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