Post
Topic
Board Securities
Re: Starting a new FPGA mining farm/contract! Cognitive Resurrected on[Havelock]
by
Surf Capital Management
on 31/03/2014, 21:42:10 UTC
Thanks for the math work guys.  It's pretty obvious what needs to happen. Unfortunate and costly to us all. Let's bury this and be on to better things.  I actually voted for the continuation of cognitive but can now see that it is a losing proposition. Blah  

Same here. Last week it was on the line. Some careful work could have turned it around. Now, events are working against us.

Hash rate is 22 TH/s now. Shame it wasn't a month ago.

The average price of the last 10 TerraMiners sold on ebay is $7,900. At the current exchange rate, that's 16.81 BTC per unit.

The "liquidation camp" is forgetting a few important things:

1. Taxes on units sold for USD

2. Ebay's substantial fees.  $7900 per CT unit will actually be more like $7200