Starting a new FPGA mining farm/contract! Cognitive Resurrected on[Havelock] - page 106.

coco23

hero member

Activity: 1974

Merit: 856

Quote from: Tafelpoot on July 25, 2013, 09:01:04 AM

http://btc.re/?t=miningcalc
0.00001609/Mh * 377Mh/share * 7days * 50%dividend = 0.021

However, we had 2 days at previous difficulty as well.
My calculation put us to 0.0227 for this week...

According to the latest news Cog has 393Gh which is approx 37.7Mhs/share

with your calculation the div should be 0.0023

snowdropfore

hero member

Activity: 843

Merit: 1001

Quote from: Tafelpoot on July 25, 2013, 08:26:47 AM

Quote from: ?? on ??

Quote from: Tafelpoot on July 25, 2013, 03:49:53 AM

looks like cog is walled off between .50 & .6445 now.

it wont stay, cog is pretty solid and more stuff is one the way. im just holding.

Next dividend should be around 0.023/share...
This is about 10x what it was 2 weeks ago, while share price only rose 2x compared to june average.
And cogs hashing power will double quite soon..

0.023??are you kidding??last week was 0.00090649.it means almost 25 times！！

Tafelpoot

full member

Activity: 191

Merit: 100

http://btc.re/?t=miningcalc
0.00001609/Mh * 377Mh/share * 7days * 50%dividend = 0.021

However, we had 2 days at previous difficulty as well.
My calculation put us to 0.0227 for this week...

adameb

member

Activity: 76

Merit: 10

Quote from: Tafelpoot on July 25, 2013, 08:26:47 AM

Next dividend should be around 0.023/share...
This is about 10x what it was 2 weeks ago, while share price only rose 2x compared to june average.
And cogs hashing power will double quite soon..

.023/share? That seems pretty high; 240 coins mined?

Tafelpoot

full member

Activity: 191

Merit: 100

Quote from: ?? on ??

Quote from: Tafelpoot on July 25, 2013, 03:49:53 AM

looks like cog is walled off between .50 & .6445 now.

it wont stay, cog is pretty solid and more stuff is one the way. im just holding.

Next dividend should be around 0.023/share...
This is about 10x what it was 2 weeks ago, while share price only rose 2x compared to june average.
And cogs hashing power will double quite soon..

Tafelpoot

full member

Activity: 191

Merit: 100

looks like cog is walled off between .50 & .6445 now.

TheFuneral

sr. member

Activity: 356

Merit: 250

Quote from: TheFuneral on July 17, 2013, 12:03:44 AM

why are people buying this for .91BTC. It's not profitable even with 960gh/s now which we don't have. That's 92Mh/s per .91BTC share

Quote from: nlovlyn on July 17, 2013, 01:04:50 AM

you are in the minority if you are asking this question Roll Eyes

adameb

member

Activity: 76

Merit: 10

Quote from: SaintFlow on July 24, 2013, 01:01:14 PM

The pirate gets what he long deserved,
However currency or stock or digitalcurrency or whathave you,
if it originates within the US, its the SECs buisness.... NOW

Soo ... I request,
you consider,
thats all.

Nothing in the SEC's pursuit of pirate indicated that they were even remotely going to start pursuing bitcoin exchanges and companies like bASIC or Cognitive. This case represents the criminal charges brought forward towards him for his ponzi scheme. By nature of the crime and law, it was a SEC case. Its a big leap to assume that they're going after any US company running a bitcoin mining cooperative, unless it were exposed likewise as a ponzi scheme, and several complaints were brought forward to police.

PinkBatman

sr. member

Activity: 267

Merit: 250

What in the world is going on? Shares down at .4XBTC.

SaintFlow

sr. member

Activity: 476

Merit: 250

The first is by definition not flawed.

The pirate gets what he long deserved,
However currency or stock or digitalcurrency or whathave you,
if it originates within the US, its the SECs buisness.... NOW

Soo ... I request,
you consider,
thats all.

GeoRW

sr. member

Activity: 350

Merit: 257

Trust No One

Quote from: drewmsmith on July 24, 2013, 09:58:07 AM

Quote from: SaintFlow on July 24, 2013, 09:24:07 AM

Dear Garr,

given the lastest press development and speaking as a minor shareholder in
your operation I request you consider registration with the SEC.

Thank you for your attention.

What did I miss?

Trandon Shavers going to jail soon?

drewmsmith

newbie

Activity: 19

Merit: 0

Quote from: SaintFlow on July 24, 2013, 09:24:07 AM

Dear Garr,

given the lastest press development and speaking as a minor shareholder in
your operation I request you consider registration with the SEC.

Thank you for your attention.

What did I miss?

SaintFlow

sr. member

Activity: 476

Merit: 250

The first is by definition not flawed.

Dear Garr,

given the lastest press development and speaking as a minor shareholder in
your operation I request you consider registration with the SEC.

Thank you for your attention.

TheFuneral

sr. member

Activity: 356

Merit: 250

Quote from: Garr255 on July 23, 2013, 10:39:24 PM

Quote from: Carnth on July 23, 2013, 08:54:55 PM

Quote from: Garr255 on July 23, 2013, 05:12:52 PM

In the original COG.F there was no such clause, but I do believe you bring up a good point here. How about we add this to the COG.F2 contract: "If said hardware is not delivered within six months from the sale of the first COG.F2 contract, all contracts will be converted into Cognitive shares regardless what the hardware situation is."

I would vote "No" on this. This allows for the possibility of existing Cognitive shares to be diluted.

Adding more shares but at the same time adding more mining power so hashes per share go up = good.
Adding more shares but mining power stays the same so hashes per share go down = bad.

Alright, we won't change anything then

this still doesn't explain what happens to my money if the said units never arrive or take longer than expected ( four months ) to arrive. Is there really no clause for this situation? If so I'm far from being involved with this fund. I've seen in the past companies promise to met deadlines and I'm well aware of that. Expecting it in the future is a moronic expectation IMO.

Garr255

legendary

Activity: 938

Merit: 1000

What's a GPU?

Quote from: Carnth on July 23, 2013, 08:54:55 PM

Quote from: Garr255 on July 23, 2013, 05:12:52 PM

In the original COG.F there was no such clause, but I do believe you bring up a good point here. How about we add this to the COG.F2 contract: "If said hardware is not delivered within six months from the sale of the first COG.F2 contract, all contracts will be converted into Cognitive shares regardless what the hardware situation is."

I would vote "No" on this. This allows for the possibility of existing Cognitive shares to be diluted.

Adding more shares but at the same time adding more mining power so hashes per share go up = good.
Adding more shares but mining power stays the same so hashes per share go down = bad.

Alright, we won't change anything then

Carnth

hero member

Activity: 634

Merit: 500

Quote from: Garr255 on July 23, 2013, 05:12:52 PM

In the original COG.F there was no such clause, but I do believe you bring up a good point here. How about we add this to the COG.F2 contract: "If said hardware is not delivered within six months from the sale of the first COG.F2 contract, all contracts will be converted into Cognitive shares regardless what the hardware situation is."

I would vote "No" on this. This allows for the possibility of existing Cognitive shares to be diluted.

Adding more shares but at the same time adding more mining power so hashes per share go up = good.
Adding more shares but mining power stays the same so hashes per share go down = bad.

Garr255

legendary

Activity: 938

Merit: 1000

What's a GPU?

Quote from: TheFuneral on July 23, 2013, 04:00:00 PM

Quote from: Garr255 on July 23, 2013, 02:57:24 PM

Quote from: TheFuneral on July 23, 2013, 11:13:06 AM

Quote from: Garr255 on July 23, 2013, 01:50:11 AM

....

Quote from: TheFuneral on July 22, 2013, 10:36:46 PM

if COF.F2 passes how long will it take for deliverance ?

I'm aiming for four months as a maximum, but that will only happen if the companies we purchase from deliver on time. BitFury is fairly reputable already and I am fully confident that they will meet or do better than this time frame.

what if it doesn't take four mouths? Do we then get our money back?

If it takes less that four months: All is well and you get your Cognitive shares early.
If it takes longer: Although this is a very small chance, it is a part of the risk here.

so if it takes longer we wait longer? What if it never comes? Is there a cutoff date or is our money gone?

In the original COG.F there was no such clause, but I do believe you bring up a good point here. How about we add this to the COG.F2 contract: "If said hardware is not delivered within six months from the sale of the first COG.F2 contract, all contracts will be converted into Cognitive shares regardless what the hardware situation is."

TheFuneral

sr. member

Activity: 356

Merit: 250

Quote from: Garr255 on July 23, 2013, 02:57:24 PM

Quote from: TheFuneral on July 23, 2013, 11:13:06 AM

Quote from: Garr255 on July 23, 2013, 01:50:11 AM

....

Quote from: TheFuneral on July 22, 2013, 10:36:46 PM

if COF.F2 passes how long will it take for deliverance ?

I'm aiming for four months as a maximum, but that will only happen if the companies we purchase from deliver on time. BitFury is fairly reputable already and I am fully confident that they will meet or do better than this time frame.

what if it doesn't take four mouths? Do we then get our money back?

If it takes less that four months: All is well and you get your Cognitive shares early.
If it takes longer: Although this is a very small chance, it is a part of the risk here.

so if it takes longer we wait longer? What if it never comes? Is there a cutoff date or is our money gone?

Garr255

legendary

Activity: 938

Merit: 1000

What's a GPU?

Quote from: TheFuneral on July 23, 2013, 11:13:06 AM

Quote from: Garr255 on July 23, 2013, 01:50:11 AM

....

Quote from: TheFuneral on July 22, 2013, 10:36:46 PM

if COF.F2 passes how long will it take for deliverance ?

I'm aiming for four months as a maximum, but that will only happen if the companies we purchase from deliver on time. BitFury is fairly reputable already and I am fully confident that they will meet or do better than this time frame.

what if it doesn't take four mouths? Do we then get our money back?

If it takes less that four months: All is well and you get your Cognitive shares early.
If it takes longer: Although this is a very small chance, it is a part of the risk here.

TheFuneral

sr. member

Activity: 356

Merit: 250

Quote from: Garr255 on July 23, 2013, 01:50:11 AM

....

Quote from: TheFuneral on July 22, 2013, 10:36:46 PM

if COF.F2 passes how long will it take for deliverance ?

I'm aiming for four months as a maximum, but that will only happen if the companies we purchase from deliver on time. BitFury is fairly reputable already and I am fully confident that they will meet or do better than this time frame.

what if it doesn't take four mouths? Do we then get our money back?

Topic: Starting a new FPGA mining farm/contract! Cognitive Resurrected on[Havelock] - page 106. (Read 300686 times)