Topic: Starting a new FPGA mining farm/contract! Cognitive Resurrected on[Havelock] - page 97. (Read 300760 times)

Thanks for the update Garr.
Please provide us the numbers in this thread so that there is actual math. "Significantly" doesn't say much.

I found the following numbers:

Avalon
282MH/s per chip at 6.6 W/GH/s (chip only) - 9.5 W/GH/s (whole module)
Total Hash rate: 490GH/s or 0.49TH/s
Paid: 150btc

50btc paid for 581 chips
100btc paid for ?? chips, I assume about 1100 chips.

assembly costs: private - some issues to be resolved.
Shipping NOW (september 2013).

Cointerra
500GH/s rigs at 0.5 W/GH/s
Total hashrate: 1 PH/s = 1000 TH/s = 1000000 GH/s
3000btc+ required for 1 PH/s? No exact numbers known.
300btc raised in CogF2.
150btc avalon refund from CogF required?
100+btc from treasury required?

Shipping in Q1/Q2 2014.
Expected hash rate by June 2014?

Garr, please resolve all the question marks so to show how significant your calculation is.

EDIT: more accurate info on http://mining.thegenesisblock.com/

yeeey, congrats to us all

Hey all, the 7 SC Sinlges arrived today and are currently hashing away at ~420gh/s. This puts our total hashrate at over 750gh/s!

And what would a hardware arrival be without pictures?!



Super beefy PSUs + cables.


And the full setup!


With regard to the avalon refund, it is definitely something that will be worth it to do, because we will be getting significantly more powerful hardware at a significantly lower price point. It just mathematically makes sense to collect the BTC from avalon and put the funds toward hardware that isn't obsolete.

No boards for the avalon chips have been manufactured yet, so there will be no loss for Cognitive there. I and numerous other investors in private mining projects have paid for the R&D costs of the Avalon boards ourselves and I will be eating Cognitive's share of that cost.

Again, I apologize for not being as active as I'd like to be on the forums. I have been quite busy for the past few weeks, but now I'm getting settled and into the swing of things. I'm studying electrical and computer engineering and business, and going to flight school, because aviation has always been a passion of mine So yes, I do have a lot on my plate, so I do prioritize accordingly. I've been working away at keeping Cognitive itself running smoothly in this transitional period, and haven't been keeping up on the PR side of things. You can expect more frequent updates from me from this day forward.

Cheers,
Garrett

Avalon is old and busted.  Also, inept.

Cointerra is new hotness.  Let's invest in the future, not the past.

Garr, did the singles arrive and are they hashing yet?

lol, if people honestly believe I am Garr, let them.  Investors are rarely rational and their lack of reason lets the more rational ones make a profit.  I just feel bad for anyone fooled by these clowns.

That's what Garr said post #1272.  I do wish he would post to this thread more then once a week.  How busy can a University student be? Busier then I was, that's for sure.

The 7 Singles are suppose to arrive today correct?

You forgot to re-login, Garr.

I didn't realize part of the costs might be sunk - if that's the case. the motion should include that info.  Good point.

Garr, can you describe the costs tied to requesting a refund on the Avalons? I believe some people here don't know that assembly costs will not be refunded, as the investments are already made. It would help if we could compare both options, to see where we can minimize the losses.
The more people ask for a refund, the better the expectation on mining gets..

Don't take it personal, friend. People will grasp at straws when they lack a real argument.

Hey, fuck you buddy.  I'm a 'real person' and an investor in cog.  I'm excited about the future of mining and trying to crunch some numbers and be positive but realistic.  If you want to talk to me, find me on freenode irc, username "cmyers", and you can all tell me to my "face" WHY everything I said above is so "facepalm" worthy.  assholes.  *sigh*

Garr, when the singles arrive please make an announcement on BTCT.

could just as easily be someone trying to look like a sock puppet to drive price down.

Lots of facepalm here.   

Yeah kind of obvious there.

inappropriate

Eh? Garr is a proven scammer.

I see what happened here now, the cog.f2 contracts have all been removed from BTC TC and now we're raising a motion before releasing them again.

I agree with Tafelpoot post #1270 above, more details need to be written into these contracts regarding refund policies in case ordered equipment again fails to be delivered by a certain date.

It's a good motion, but needs to be more well defined.

Peace