Re: Starting a new FPGA mining farm/contract! Cognitive Resurrected on [BTC-TC]
We should still have the same amount of BTC funds in reserves after this transaction as it's paid for purely with stock. Do we have any other offers on the table where we can spend some of our btc on hand to get more hashing power?
That is correct. And yes, I am currently negotiating with multiple people regarding Avalon pre-orders and physical units. It might also be worthwhile to look into KNCminer. Additionally, I am testing some BitFury chips this week, and we might want to place an order for some of their chips.
I'll keep the thread updated!
Best,
Garrett
How much would Cog pay for an in hand BFL 60 ghs ASIC?
Thanks.
Following the pricing schedule we are paying for the Avalon, I believe 300 shares would be a fair price for this. We do have sufficient shares in the treasury account so this will not be a problem.
Are there any objections? I am all for getting our hashrate up ASAP therefore would like to take you up on this offer if you're interested and there are no disagreements
Cheers,
Garrett