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In a small bowl, combine cocoa and water; set aside.
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In a large mixing bowl cream butter and sugar until light and fluffy.
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Add eggs, one at a time, beating well after each addition.
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Beat in vanilla.
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Combine the flour, baking soda, baking powder, and salt; add to creamed mixture alternately with cocoa mixture, beating well after each addition.
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Pour into three greased and floured 9" round baking pans.
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Bake at 350 for 25-30 minutes, or until a toothpick inserted near the center comes out clean.
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Cool for 10 minutes before removing from pans to wire racks to cool completely.
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For Ganache, place chocolate in a small bowl.
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In a small heavy saucepan over low heat, bring cream and sugar to a boil.
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Pour over chocolate; whisk gently until smooth.
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Refrigerate for 35-45 minutes or until ganache begins to thicken, stirring occasionally.
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For frosting, in a large mixing bowl beat butter until fluffy.
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Add confectioners sugar, cocoa, milk, and vanilla; beat until smooth.
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Place one cake layer on a serving plate; spread with 1 cup of frosting.
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Top with second layer and one cup ganache and sprinkle with 1/2 cup almonds.
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Top with third layer, frost top and sides of cake.
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Warm ganache until pourable; pour over cake, allowing some to drape down the sides.
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Sprinkle with remaining almonds.
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Refrigerate until serving.