I totally agree. I wish OpenTransactions was far enough along to use, and to be able to be used by those not so tech-savvy!


Ditto

It will if there is a dispute or you would like to change your refund address from your sending address. Otherwise it won't be necessary.

Thanks to all who have submitted claims so far. As stated previously, all submitted refunds will go out on Wednesday.

Hey all,

Fortunately, burnside is doing everything right with the BTC-TC closure and transition to a new exchange will be effortless. Right now, I'm on the prowl for an exchange as good as btc-tc, which is hard to come by. I'll be looking into havelock, bitfunder, and any suggestions from you guys.

Please go on to BTC-TC and submit your emergency withdrawal address. It would be beneficial for you to have the ability to sign messages using this address, but not 100% necessary.

Every 12 hours btc-tc emails asset managers a list of shareholders (by email address), number of shares owned, and now an associated bitcoin address.

Also, despite the exchange closing down, later today we will be finalizing a large purchase with CoinTerra. I'll post back as soon as that is done!

Cheers,
Garrett

That is correct. Just in the case that someone is trying to impersonate another is why I'm doing it this way. Better safe than sorry!

Hey all, I've been waiting until the refund was process to announce it, and it has been!

To claim your refund:
Send me an email: asic[at]garr255 dot com with the information:
Forum handle (if applicable)
Number of chips purchased
Sending address (used to purchase the chips)

I will start processing refunds on Wednesday, 25 September 2013. This will allow sufficient time to resolve disputes if any false claims show up. If you do not want the btc refunded to your sending address for whatever reason, please sign a message with your sending address containing "My email is: [email] and I would like my chip purchase to be refunded to: [new btc address]".

If you have any other questions regarding the process, feel free to email me or post here.

Best,
Garrett

Although unrelated to Cognitive, I'm curious what you mean by suspect?

You've got it. I'll post back tomorrow with the pic.

Specs:

Dimensions:
5.39 x 2.80 x 0.34 inches (137 x 71 x 8.6 mm )
Weight:
4.70 oz (133 g)
the average is 4.5 oz (127 g)
Body material:
Polycarbonate
DISPLAY Popup
Physical size:
4.8 inches
Resolution:
720 x 1280 pixels
Pixel density:
306 ppi
Technology:
Super AMOLED
Colors:
16 777 216
Touchscreen:
Multi-touch
Features:
Light sensor, Proximity sensor, Scratch-resistant glass
BATTERY
Talk time:
15.00 hours
the average is 12 h (708 min)
Stand-by time:
8.3 days (200 hours)
the average is 20 days (492 h)
Capacity:
2100 mAh
Wireless charging:
Optional
HARDWARE
System chip:
Qualcomm Snapdragon S4 Plus MSM8960
Processor:
Dual core, 1500 MHz, Krait
Graphics processor:
Adreno 225
System memory:
2048 MB RAM
Built-in storage:
32 GB
Storage expansion:
microSD, microSDHC, microSDXC up to 64 GB
CAMERA
Camera:
Popup8 megapixels
Flash:
LED
Aperture size:
F2.6
Features:
PopupBack-illuminated sensor (BSI), CMOS image sensor, Auto focus, Face detection, Exposure compensation, ISO control, White balance presets, Burst mode, Geo tagging, High Dynamic Range mode (HDR), Panorama, Scenes, Effects, Self-timer
Camcorder:
1920x1080 (1080p HD) (30 fps)
Features:
Digital image stabilization, Video calling
Front-facing camera:
1.9 megapixels
MULTIMEDIA Popup
Music player:
Filter by:
Album, Artist, Playlists
Features:
Album art cover, Background playback
Speakers:
Earpiece, Loudspeaker
YouTube player:
Yes
INTERNET BROWSING
Built-in online services support:
Facebook, YouTube (upload), Picasa, Twitter
TECHNOLOGY
CDMA:
800, 1900 MHz
LTE:
700 MHz Class 13
Data:
LTE, EV-DO Rev.A
Positioning:
GPS, Glonass
Navigation:
Turn-by-turn navigation, Voice navigation, Points of interest (POI)

I have an unlocked and rooted Galaxy S3 in bluish black. Make your bid.

Find something you're truly passionate about. I know that might not be an easy thing to do, but I truly believe that is key to attaining happiness. Money isn't necessary to be happy whatsoever. In fact, I give a good amount of mine to research foundations, and live a little more frugally than I have to. I think it'd be a shame to have the only thing you look forward to be the weekend and your paycheck. That's not true happiness, no; that's being sucked into the terrible thing we have come to name the "workforce".

Find something you love, and do it, regardless of the financial aspect. There's always a way to be passionate about your life, it's just a matter of standing up and finding it. Forget about money, (although debatably necessary) it just fuels greed and corruption.

That's my rant for the day. Have a good life, and best of luck to you!

Hello all,

As said previously, BTC-TC has instated a new policy where in order to trade any assets, you must submit an emergency withdrawal address. There is a large notification at the top of the btct.co web site saying this.

No Cognitive assets were frozen because of this. It is simply a safety precaution burnside has added to the site, making an emergency transition off of BTC-TC even easier than before. A notification from him explaining the change would have been in order, but he neglected to do this, hence the panic from the larger majority of BTC-TC users.

All is well and I have negotiated a bulk order price with the CEO of CoinTerra, We will be sending payment for the order tomorrow, at which point I will be able to disclose the discount we received. I've been working on this for the past five days and wanted to wait until it was done to post an update, but I don't want to wait any longer. I'll post back tomorrow with the specifics!

Also, I have requested refunds from Steamboat, the group-buy organizer we used to purchase the majority of our Avalon chips. Those funds will be going toward the CoinTerra purchase as well, because the more we order, the better this discount will be.

Best,
Garrett

Yes I received an email this morning saying that it will be sent soon.

Here's a screenshot of the dashboard for one of the private pools we're operating on. The new BFL units fluctuate speed a bit, but it averages out to right where the expected hashrate should be.

Cheers,
Garrett

https://dl.dropboxusercontent.com/u/9542654/btc/Cognitive/BFLs.png

Nope I've got no shipping notification. I'll post back when the refund processes!

I found my new rig already but thanks for that link.

Nope, we have the option to choose between the two, at different price points though. I'll be back with prices after my chat with CT this weekend.

And 50%+ approval is indeed what is required to pass a motion now.

Cheers,
Garrett

Already done

Cognitive hasn't made any orders from CT yet, just a few others in private mining operations I'm running. I agree with you though; the increase in difficulty in that one month might not be worth the wait for a less than significant discount.

I'll be sending a notification soon, so that should alert the rest of the shareholders that aren't extremely active here.

--Garrett

The reason I say December/January is because there is the potential to get the same chips for less money by waiting a month. We will have to calculate whether this will be worth it when the time comes. To more precisely answer your question though: CoinTerra is serious about delivering on time. They have promised that if they are 30 days late in delivering products they will give purchasers an additional 20% of the hashpower they ordered. I'll be speaking with the CEO of CT this weekend. There is no definitive cutoff date; still have a little while to place the order.

--Garrett

The CoinTerra chips will be hashing the same day they arrive, because they are handling the board production as well as the chips fabrication, whereas Avalon was selling just chips.

--Garrett