Topic: Starting a new FPGA mining farm/contract! Cognitive Resurrected on[Havelock] - page 147. (Read 300764 times)
May 16, 2012, 02:35:50 AM
Askwall's almost down after octupling my position.
May 14, 2012, 10:07:58 PM
Stochastic, that will be coming soon. I'm going to do a full report every two months.
Kluge, PMing you.
I think getting some of the 4x Spartan-6 boards is our best bet right now, because nobody knows how long we'll be waiting on BFL.
Kluge, PMing you.
I think getting some of the 4x Spartan-6 boards is our best bet right now, because nobody knows how long we'll be waiting on BFL.
May 14, 2012, 09:48:11 PM
Ngzhang is going to sell his new FPGA mining rigs. If it is purchased in bulks, then discount will be available. Garr, what'your opinion about it?
I haven't been following lancelot's development much. I've been looking more toward a mini rig or two.
I'll do some research and get back to you.
TheSeven, I agree. Does anybody have some metaphorical dynomite?
For those that see a wall keeping the price from rising, others see an anchor keeping the price from going down. If there was demand for Cognitive then those 2000 asks at 0.55 would be gone. You could increase demand by showing shareholder value. This is a mining company, not a bond, so having detailed accounting with the actual value of the company would allow potential investors to see if the company is cheap or overpriced at the current share value. I would say to publish a monthly report estimating the current value of the mining rigs, cash on hand, and any other asset value for all to see.
May 14, 2012, 09:43:34 PM
Ngzhang is going to sell his new FPGA mining rigs. If it is purchased in bulks, then discount will be available. Garr, what'your opinion about it?
I haven't been following lancelot's development much. I've been looking more toward a mini rig or two.
I'll do some research and get back to you.
TheSeven, I agree. Does anybody have some metaphorical dynomite?
For those that see a wall keeping the price from rising, others see an anchor keeping the price from going down. If there was demand for Cognitive then those 2000 asks at 0.55 would be gone. You could increase demand by showing shareholder value. This is a mining company, not a bond, so having detailed accounting with the actual value of the company would allow potential investors to see if the company is cheap or overpriced at the current share value. I would say to publish a monthly report estimating the current value of the mining rigs, cash on hand, and any other asset value for all to see.
May 14, 2012, 07:53:46 PM
Ngzhang is going to sell his new FPGA mining rigs. If it is purchased in bulks, then discount will be available. Garr, what'your opinion about it?
I haven't been following lancelot's development much. I've been looking more toward a mini rig or two.
I'll do some research and get back to you.
TheSeven, I agree. Does anybody have some metaphorical dynomite?
May 14, 2012, 07:48:27 PM
Ngzhang is going to sell his new FPGA mining rigs. If it is purchased in bulks, then discount will be available. Garr, what'your opinion about it?
Well, my opinion (aside from my involvement with an FPGA board vendor) is that it generally doesn't make much sense to expand while that ask wall is still there...
May 14, 2012, 07:15:09 PM
Ngzhang is going to sell his new FPGA mining rigs. If it is purchased in bulks, then discount will be available. Garr, what'your opinion about it?
May 14, 2012, 12:11:56 PM
Ah I thought the ipo was .55 that's why. Surprised because I originally bought in at .63 so there's been a lot of variation in the past couple weeks.
Shortly after the IPO, it appears the majority shareholder of Cognitive tried to dump almost the entire stock @ .55. The bid's still there, without much eaten. Massive askwalls like that create strong downward pressure -- they're either dumb or malicious. Similar thing happened a couple days ago with Gigamining (on a much smaller scale in terms of % of total stock in the askwall). Giant askwall @ 1.5, and others who want to sell need undercut, while potential investors don't see potential movement other than down below the askwall. I'd love to take on more Gigamining @ 1.5, but a 4400 BTC askwall at the same price makes me wonder how long I'll have to wait to be able to sell it at a profit even though I think it's undervalued. With that said - if I had 4.4k BTC, I'd devour that askwall. Same with Cognitive.It was 0.65 and has been lowered to 0.55 in the last few days. This effectively makes Cognitive undervalued, and a great deal for anyone who missed the IPO. I'm going to buy 10btc worth right now.
I'm planning on expansion soon, so let's try to take down the wall!
Edit: Cognitive has some extra funds just sitting in a wallet. Are there any objections to buying Cognitive shares with that with the Cognitive account thus increasing dividends?
Edit: I just threw everything I have at the wall, bringing it down to 2297.
Where did the money come from? The dividends from the 500 shares?
That, my personal miners, making PirateBoxes for people, and I sold a GPU.
May 14, 2012, 10:06:07 AM
That was really informative thanks for sharing that, Kluge. friedcat, can you elaborate on the evaluated return and how that corresponds to the .55 price point, as well as how the valuation of bonds are different?
May 14, 2012, 09:43:31 AM
Ah I thought the ipo was .55 that's why. Surprised because I originally bought in at .63 so there's been a lot of variation in the past couple weeks.
Shortly after the IPO, it appears the majority shareholder of Cognitive tried to dump almost the entire stock @ .55. The bid's still there, without much eaten. Massive askwalls like that create strong downward pressure -- they're either dumb or malicious. Similar thing happened a couple days ago with Gigamining (on a much smaller scale in terms of % of total stock in the askwall). Giant askwall @ 1.5, and others who want to sell need undercut, while potential investors don't see potential movement other than down below the askwall. I'd love to take on more Gigamining @ 1.5, but a 4400 BTC askwall at the same price makes me wonder how long I'll have to wait to be able to sell it at a profit even though I think it's undervalued. With that said - if I had 4.4k BTC, I'd devour that askwall. Same with Cognitive.It was 0.65 and has been lowered to 0.55 in the last few days. This effectively makes Cognitive undervalued, and a great deal for anyone who missed the IPO. I'm going to buy 10btc worth right now.
I'm planning on expansion soon, so let's try to take down the wall!
Edit: Cognitive has some extra funds just sitting in a wallet. Are there any objections to buying Cognitive shares with that with the Cognitive account thus increasing dividends?
Edit: I just threw everything I have at the wall, bringing it down to 2297.
Where did the money come from? The dividends from the 500 shares?
May 14, 2012, 09:41:58 AM
Ah I thought the ipo was .55 that's why. Surprised because I originally bought in at .63 so there's been a lot of variation in the past couple weeks.
Shortly after the IPO, it appears the majority shareholder of Cognitive tried to dump almost the entire stock @ .55. The bid's still there, without much eaten. Massive askwalls like that create strong downward pressure -- they're either dumb or malicious. Similar thing happened a couple days ago with Gigamining (on a much smaller scale in terms of % of total stock in the askwall). Giant askwall @ 1.5, and others who want to sell need undercut, while potential investors don't see potential movement other than down below the askwall. I'd love to take on more Gigamining @ 1.5, but a 4400 BTC askwall at the same price makes me wonder how long I'll have to wait to be able to sell it at a profit even though I think it's undervalued. With that said - if I had 4.4k BTC, I'd devour that askwall. Same with Cognitive.It was 0.65 and has been lowered to 0.55 in the last few days. This effectively makes Cognitive undervalued, and a great deal for anyone who missed the IPO. I'm going to buy 10btc worth right now.
I'm planning on expansion soon, so let's try to take down the wall!
Edit: Cognitive has some extra funds just sitting in a wallet. Are there any objections to buying Cognitive shares with that with the Cognitive account thus increasing dividends?
Edit: I just threw everything I have at the wall, bringing it down to 2297.
I'm waiting on Dwolla's 30 day transfer, I plan to invest.
May 14, 2012, 08:00:00 AM
What makes you think it is undervalued at 0.55 BTC/share?
I think it's because the evaluated return rate of Cognitive one of the highest in all mining stocks.
Mining bonds are a different story, of course.
Mining bonds are a different story, of course.
Yes.
May 14, 2012, 01:29:03 AM
What makes you think it is undervalued at 0.55 BTC/share?
I think it's because the evaluated return rate of Cognitive one of the highest in all mining stocks.
Mining bonds are a different story, of course.
May 14, 2012, 01:21:34 AM
Ah I thought the ipo was .55 that's why. Surprised because I originally bought in at .63 so there's been a lot of variation in the past couple weeks.
Shortly after the IPO, it appears the majority shareholder of Cognitive tried to dump almost the entire stock @ .55. The bid's still there, without much eaten. Massive askwalls like that create strong downward pressure -- they're either dumb or malicious. Similar thing happened a couple days ago with Gigamining (on a much smaller scale in terms of % of total stock in the askwall). Giant askwall @ 1.5, and others who want to sell need undercut, while potential investors don't see potential movement other than down below the askwall. I'd love to take on more Gigamining @ 1.5, but a 4400 BTC askwall at the same price makes me wonder how long I'll have to wait to be able to sell it at a profit even though I think it's undervalued. With that said - if I had 4.4k BTC, I'd devour that askwall. Same with Cognitive.It was 0.65 and has been lowered to 0.55 in the last few days. This effectively makes Cognitive undervalued, and a great deal for anyone who missed the IPO. I'm going to buy 10btc worth right now.
I'm planning on expansion soon, so let's try to take down the wall!
Edit: Cognitive has some extra funds just sitting in a wallet. Are there any objections to buying Cognitive shares with that with the Cognitive account thus increasing dividends?
Edit: I just threw everything I have at the wall, bringing it down to 2297.
What makes you think it is undervalued at 0.55 BTC/share?
May 14, 2012, 12:21:54 AM
Ah I thought the ipo was .55 that's why. Surprised because I originally bought in at .63 so there's been a lot of variation in the past couple weeks.
Shortly after the IPO, it appears the majority shareholder of Cognitive tried to dump almost the entire stock @ .55. The bid's still there, without much eaten. Massive askwalls like that create strong downward pressure -- they're either dumb or malicious. Similar thing happened a couple days ago with Gigamining (on a much smaller scale in terms of % of total stock in the askwall). Giant askwall @ 1.5, and others who want to sell need undercut, while potential investors don't see potential movement other than down below the askwall. I'd love to take on more Gigamining @ 1.5, but a 4400 BTC askwall at the same price makes me wonder how long I'll have to wait to be able to sell it at a profit even though I think it's undervalued. With that said - if I had 4.4k BTC, I'd devour that askwall. Same with Cognitive.It was 0.65 and has been lowered to 0.55 in the last few days. This effectively makes Cognitive undervalued, and a great deal for anyone who missed the IPO. I'm going to buy 10btc worth right now.
I'm planning on expansion soon, so let's try to take down the wall!
Edit: Cognitive has some extra funds just sitting in a wallet. Are there any objections to buying Cognitive shares with that with the Cognitive account thus increasing dividends?
Edit: I just threw everything I have at the wall, bringing it down to 2297.
May 13, 2012, 10:54:40 PM
Ah I thought the ipo was .55 that's why. Surprised because I originally bought in at .63 so there's been a lot of variation in the past couple weeks.
Shortly after the IPO, it appears the majority shareholder of Cognitive tried to dump almost the entire stock @ .55. The bid's still there, without much eaten. Massive askwalls like that create strong downward pressure -- they're either dumb or malicious. Similar thing happened a couple days ago with Gigamining (on a much smaller scale in terms of % of total stock in the askwall). Giant askwall @ 1.5, and others who want to sell need undercut, while potential investors don't see potential movement other than down below the askwall. I'd love to take on more Gigamining @ 1.5, but a 4400 BTC askwall at the same price makes me wonder how long I'll have to wait to be able to sell it at a profit even though I think it's undervalued. With that said - if I had 4.4k BTC, I'd devour that askwall. Same with Cognitive. May 13, 2012, 08:01:07 PM
Ah I thought the ipo was .55 that's why. Surprised because I originally bought in at .63 so there's been a lot of variation in the past couple weeks.
May 13, 2012, 06:02:21 PM
Why are there so many shares being sold below the ipo price?
There aren't any being sold below the 0.5 IPO. There are bids below this, but they've never been fulfilled.
Perhaps you're confusing Cognitive with another company?
May 13, 2012, 05:50:43 PM
Why are there so many shares being sold below the ipo price?
May 13, 2012, 01:17:16 AM
Today the internet throughout most of Northern Idaho was down because of a cable cut, so the dividends were paid a littler later in the day and mining was cut off for most of the day as well. We're back up and hashing now.
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