If this motion passes, yes, you will receive the proceeds from selling whatever amount of hardware you own.

I have just sent an email to all shareholders titled "Cognitive Status and Motion Enclosed"

Please read and respond. The forum is too bloated to communicate effectively.

The majority of it is in CoinTerra's hands.

Datacenter delays are causing these problems. Typically, real estate of this large-scale nature is prepared months if not a year in advance and we are doing this in weeks. Everything will be operational within the coming week, but until then we have to do our best with our current resources. I will post the miners on ebay for 10 days and cancel if the 7 day motion does not pass.

If the motion to sell the units does not pass, we will be in a top-class tier-3 datacenter piggybacking on a larger operation, getting the cheapest power in the nation.

Best,
Garrett

A quick update:

Some of the CoinTerra boxes are underperforming by quite a bit, which just means that we'll get more boxes! I do believe we will indeed be the best served CoinTerra customer, because we purchased a number of hashes per second and not total boxes.

Cheers,
Garrett

As Cognitive becomes more like a real-world, brick-and-mortar, established company, office hours will be put into place, and those office hours will likely not include Saturdays

We're online at our full received capacity of 10th/s!

Dividends will be sent on Mondays instead of Saturdays as of March 2014.

Cheers,
Garrett

Theterabyte: Great, much appreciated. I will implement this tomorrow.

Cheers

We're up and above 9th/s now from 8 terraminers. The warehouse we are currently in is maxed out power wise (which is why we took the scrypt miners offline to make room for another terraminer, which is much more profitable) and we are finalizing the process of moving into a proper tier-3 datacenter, albeit delayed. It is my promise that we will be hashing above 30th/s this month, so long as CoinTerra follows through on our deal (28th/s + 1% per day delivered past Jan 31).

Best,
Garrett

I sent theterabyte a PM right after seeing this post.

We are sorting out the final datacenter details and will be moving in ASAP. The remainder of our hardware will be arriving this week or next!

You are absolutely correct here. I have spoken with Ravi many times and it is very clear to me he is in this for the long-haul, and is all about creating and maintaining good relationships.

The only problem here is they can be quite pricey. It will be more practical to remotely soft-reboot, then if that doesn't work remotely upload firmware again.

The COG.F and COG.F2 contracts were converted to COG shares, and the bulk of the CT hardware has not shipped yet. When the hardware comes online we will see a large increase in our dividends.

Also, Sam and I are currently working on an inventory spreadsheet which will be released tonight.

Best,
Garrett

No problem!


I am back in town; SALES ARE RESUMED!

Tafelpoot, some of your requests were fulfilled before writing that post: http://cognitivemining.com/charts went live last night

(note: some funds in the 1cogx address are owed to me still, therefore will not be included in any dividends. I will make a payment out of the address to my personal one correcting the misrepresentation issue within an hour.)

I'm asking BTC1 for SC Singles and BTC0.1 for FPGA singles

Glad to hear it, thanks for an easy transaction.

No problem, sorry about my absence.

I will likely return and be able to resume shipping items on Monday.

PT dividends will be paid up within 24h.

Additionally,

Thursday of this week I will be in Washington to finalize setup at the new facility. Then, the remainder of the CoinTerra rigs will be delivered and we will be hashing at our full promised capacity of 28th/s + whatever lateness compensation comes out to be.

Cheers,
Garrett