Quote from: shbtc on July 16, 2013, 03:50:38 AM

Quote from: drewmsmith on July 16, 2013, 01:00:38 AM

Quote from: Chaang Noi (Goat) ช้างน้อย on July 15, 2013, 01:04:21 PM

Quote from: Garr255 on July 12, 2013, 02:54:15 AM

Quote from: Chaang Noi (Goat) ช้างน้อย on July 12, 2013, 02:41:43 AM

Quote from: Garr255 on July 11, 2013, 05:38:43 PM

Quote from: drewmsmith on July 11, 2013, 04:34:52 PM

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

I would be happy to accept that offer as I am having trouble with my current hosting solution.

Thanks.

Better hurry before all those treasury shares get bought! Grin

Did this deal fall through? I don't think it was included in the news update.

Currently because of increased share value I am renegotiating that deal. I am open to purchasing hardware with our remaining 700+ shares if we value them at 0.62+ each, which is what they're currently listed for.