Starting a new FPGA mining farm/contract! Cognitive Resurrected on[Havelock] - page 107.

alexius89

hero member

Activity: 709

Merit: 500

Gridcoin Foundation

here are many (modules/avalons for sell:

https://bitcointalksearch.org/topic/avalon-b1-nur-noch-4-module-neu-mit-kurzeit-hosting-260674

Quote

15 x B1-Module
23-28 GH / Modul
Verlange 39 BTC pro Modul
Gratisversand innerhalb Schweiz

***15x Batch 1 modules @ 39 BTC per Module

or whole Avalons

location: switzerland

is that something for cognitive?

snowdropfore

hero member

Activity: 843

Merit: 1001

Quote from: ?? on ??

Quote from: snowdropfore on July 23, 2013, 02:52:41 AM

just one more question:Is it One COG.F2 shares represents 20 COGNITIVE shares just like COG.F? if my math is good. now one COGNITIVE shares cost 0.8B ,0.8*20=16B? but you sell 10B one shares. i just can not get it??

the reason why it is less is because you do not get to collect dividends until the units that your funds bought gets to be put in use. You are more or less loaning cognitive your BTC and you are getting a pretty good return.

okay，i get it ，thx

snowdropfore

hero member

Activity: 843

Merit: 1001

just one more question:Is it One COG.F2 shares represents 20 COGNITIVE shares just like COG.F? if my math is good. now one COGNITIVE shares cost 0.8B ,0.8*20=16B? but you sell 10B one shares. i just can not get it??

Garr255

legendary

Activity: 938

Merit: 1000

What's a GPU?

Quote from: snowdropfore on July 23, 2013, 02:26:19 AM

how much COG.F2 per shares,i can't to buy it.

COG.F2 will be sold for BTC10 each, but not until the motion passes. I will post an update here when they are available for purchase!

snowdropfore

hero member

Activity: 843

Merit: 1001

how much COG.F2 per shares,i can't to buy it.

Garr255

legendary

Activity: 938

Merit: 1000

What's a GPU?

Quote from: lunarboy on July 21, 2013, 06:26:29 AM

+1

I say patience and split 10:1 when we actually need it. Too many here want... get rich quick.
If this company is managed professionally and seriously with level heads, it WILL grow. FACT.

And I also agree that we should wait a bit and see how things play out before a split. Share price might skyrocket making us want to split again.

I am also going to raise a motion changing our minimum motion time to one week instead of two. It seems that the vast majority of votes are placed within the first week, and two weeks is just too long to get anything done quickly.

Cheers,
Garrett

Garr255

legendary

Activity: 938

Merit: 1000

What's a GPU?

Quote from: MilkyLep on July 22, 2013, 02:00:09 PM

Say we buy Cog.F2 (after approval), and a week later a 1:2, 1:5, or 1:10 stock split is decided, or even later down the road. Will only the 20 shares be delivered in time, or will the split be taken into consideration? This slightly swayed me away from a previous cog.f purchase when the price shot up and many shareholders spoke of splits.

COG.F will split equally with Cognitive -- you will still get the amount of stake in the company that you purchased contracts for, so no worries there!

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.

TheFuneral

sr. member

Activity: 356

Merit: 250

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

shbtc

member

Activity: 60

Merit: 10

Quote from: ?? on ??

Quote from: medicine on July 21, 2013, 05:49:59 AM

Quote from: Garr255 on July 21, 2013, 04:25:24 AM

Great!

Also, for our next round of COG.F I am thinking we stick with the same contract, and just change the inital price per contract for 20 shares from 2.5 to 10 btc each. This effectively prices the contracts at BTC0.5 per share.

Our last round of COG.F sold at BTC2.5 per contract for 20 shares and is now trading at BTC12 each! I hope to see the same kind of turnaround for our COG.F holders this time around

The security will be called COG.F2 and is already pending admin approval then will be up for voting on BTC-TC, but will not become active until the motion passes, of course!

Quote from: snowdropfore on July 20, 2013, 10:00:59 PM

why not 1:10 split??

I do believe a split will help liquidity on the market. I believe a 1:2 split would be more beneficial for Cognitive, on the basis that we would still have the integrity of being around BTC0.5 per share. If there are no objections I'll raise a motion for a 1:2 split

If you're seriously considering a stock split and favour a btc 0.5/share price for current shares and possibly the cog.f2 shares, a 1:2 split may not be enough. The shares are around 0.8-0.9 at the moment and if they split 1:2 the price will be around 0.4-0.45, then say things go quite well and the price jumps like it did with basic-mining, we're right back to this price point in no time at all.

i personally think if we are going to split might as well do at least 1/5 if not 1/10.

we don't want to have to do a split right after a split.

^ This ^

shbtc

member

Activity: 60

Merit: 10

Quote from: Garr255 on July 20, 2013, 06:34:34 PM

Great!

Additionally, we have the option to order from BitFury, who I have received sample chips from already and I believe to be a very good option currently. We can order 400gh/s from them, guaranteed to be delivered in October, for ~BTC100

KNCMiner's Jupiter is >400 Gh/s, possibly before October, for $7k or about 75 BTC.

MilkyLep

hero member

Activity: 583

Merit: 500

Bitcoin for all & all for Bitcoin

Say we buy Cog.F2 (after approval), and a week later a 1:2, 1:5, or 1:10 stock split is decided, or even later down the road. Will only the 20 shares be delivered in time, or will the split be taken into consideration? This slightly swayed me away from a previous cog.f purchase when the price shot up and many shareholders spoke of splits.

Garr255

legendary

Activity: 938

Merit: 1000

What's a GPU?

Fixed all of that. I apologize for the errors!

KCBitcoin

full member

Activity: 224

Merit: 100

Quote from: Garr255 on July 21, 2013, 04:25:24 AM

Great!

Also, for our next round of COG.F I am thinking we stick with the same contract, and just change the inital price per contract for 20 shares from 2.5 to 10 btc each. This effectively prices the contracts at BTC0.5 per share.

Our last round of COG.F sold at BTC2.5 per contract for 20 shares and is now trading at BTC12 each! I hope to see the same kind of turnaround for our COG.F holders this time around

The security will be called COG.F2 and is already pending admin approval then will be up for voting on BTC-TC, but will not become active until the motion passes, of course!

Hi Garr, I guess there is a typo in your motion, where is says "Each one of these contracts represents one share of Cognitive to be delivered", as your post here says here one contract for 20 shares.

redbeans2012

hero member

Activity: 887

Merit: 1000

Quote from: ?? on ??

Quote from: redbeans2012 on July 21, 2013, 08:19:04 AM

Sorry, +1. I don't see a split as an urgent matter right now. I also don't really see any way it could really hurt Any potential negatives from splitting?

It can change the perception of the value of the company - though it would be purely psychological, the number of clueless traders here is quite important.
You're also changing who can buy only one share, i.e. someone who can't afford 1 BTC will be able to buy a share. Now, it can be both positive and negative. One very positive aspect is to allow easier reinvestment trough dividends.

Yeah, I'm sure there are people who have $200 to invest in btc stock but have to pick the lower priced options like the AM shares that were 1/100th and the like. There are a lot of people who hold less than one AM share.

Ok yes thats what I thought. I would be for a split.

redbeans2012

hero member

Activity: 887

Merit: 1000

Sorry, +1. I don't see a split as an urgent matter right now. I also don't really see any way it could really hurt Any potential negatives from splitting?

lunarboy

hero member

Activity: 544

Merit: 500

Quote from: ?? on ??

Quote from: medicine on July 21, 2013, 05:49:59 AM

Quote from: Garr255 on July 21, 2013, 04:25:24 AM

Great!

Also, for our next round of COG.F I am thinking we stick with the same contract, and just change the inital price per contract for 20 shares from 2.5 to 10 btc each. This effectively prices the contracts at BTC0.5 per share.

Our last round of COG.F sold at BTC2.5 per contract for 20 shares and is now trading at BTC12 each! I hope to see the same kind of turnaround for our COG.F holders this time around

The security will be called COG.F2 and is already pending admin approval then will be up for voting on BTC-TC, but will not become active until the motion passes, of course!

Quote from: snowdropfore on July 20, 2013, 10:00:59 PM

why not 1:10 split??

I do believe a split will help liquidity on the market. I believe a 1:2 split would be more beneficial for Cognitive, on the basis that we would still have the integrity of being around BTC0.5 per share. If there are no objections I'll raise a motion for a 1:2 split

If you're seriously considering a stock split and favour a btc 0.5/share price for current shares and possibly the cog.f2 shares, a 1:2 split may not be enough. The shares are around 0.8-0.9 at the moment and if they split 1:2 the price will be around 0.4-0.45, then say things go quite well and the price jumps like it did with basic-mining, we're right back to this price point in no time at all.

i personally think if we are going to split might as well do at least 1/5 if not 1/10.

we don't want to have to do a split right after a split.

+1

I say patience and split 10:1 when we actually need it. Too many here want... get rich quick.
If this company is managed professionally and seriously with level heads, it WILL grow. FACT.

medicine

hero member

Activity: 697

Merit: 501

Quote from: Garr255 on July 21, 2013, 04:25:24 AM

Great!

Also, for our next round of COG.F I am thinking we stick with the same contract, and just change the inital price per contract for 20 shares from 2.5 to 10 btc each. This effectively prices the contracts at BTC0.5 per share.

Our last round of COG.F sold at BTC2.5 per contract for 20 shares and is now trading at BTC12 each! I hope to see the same kind of turnaround for our COG.F holders this time around

The security will be called COG.F2 and is already pending admin approval then will be up for voting on BTC-TC, but will not become active until the motion passes, of course!

Quote from: snowdropfore on July 20, 2013, 10:00:59 PM

why not 1:10 split??

I do believe a split will help liquidity on the market. I believe a 1:2 split would be more beneficial for Cognitive, on the basis that we would still have the integrity of being around BTC0.5 per share. If there are no objections I'll raise a motion for a 1:2 split

If you're seriously considering a stock split and favour a btc 0.5/share price for current shares and possibly the cog.f2 shares, a 1:2 split may not be enough. The shares are around 0.8-0.9 at the moment and if they split 1:2 the price will be around 0.4-0.45, then say things go quite well and the price jumps like it did with basic-mining, we're right back to this price point in no time at all.

Garr255

legendary

Activity: 938

Merit: 1000

What's a GPU?

Great!

Also, for our next round of COG.F I am thinking we stick with the same contract, and just change the inital price per contract for 20 shares from 2.5 to 10 btc each. This effectively prices the contracts at BTC0.5 per share.

Our last round of COG.F sold at BTC2.5 per contract for 20 shares and is now trading at BTC12 each! I hope to see the same kind of turnaround for our COG.F holders this time around

The security will be called COG.F2 and is already pending admin approval then will be up for voting on BTC-TC, but will not become active until the motion passes, of course!

Quote from: snowdropfore on July 20, 2013, 10:00:59 PM

why not 1:10 split??

I do believe a split will help liquidity on the market. I believe a 1:2 split would be more beneficial for Cognitive, on the basis that we would still have the integrity of being around BTC0.5 per share. If there are no objections I'll raise a motion for a 1:2 split

snowdropfore

hero member

Activity: 843

Merit: 1001

why not 1:10 split??

Garr255

legendary

Activity: 938

Merit: 1000

What's a GPU?

Quote from: ?? on ??

How much are you looking to borrow?

BTC200, because it would be enough to either purchase a MiniRig or order 800gh/s from BitFury

Topic: Starting a new FPGA mining farm/contract! Cognitive Resurrected on[Havelock] - page 107. (Read 300686 times)