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Economy / Securities / Re: Starting a new FPGA mining farm/contract! Cognitive Resurrected on[Havelock]

on: April 25, 2014, 08:34:11 AM

Quote from: alincoln on April 25, 2014, 03:04:22 AM Quote from: ryan1894 on April 23, 2014, 02:56:05 AM how about the bond, FIMB? I have emailed Garrett regarding FIMB two days ago, since I'm the largest bondholder and we agreed on a repayment plan a few months back. Unfortunately until now, he's chosen to ignore me. If he decides to play silent and walk away without honoring the deal I might join the ranks of those that will take legal action against him. I fucking wish that was an available course of action in the bitcoin world. Just tell it to the guys in BASIC-MINING who got scammed hard after the btct shutdown...

Economy / Securities / Re: Starting a new FPGA mining farm/contract! Cognitive Resurrected on[Havelock]

on: April 23, 2014, 02:56:05 AM

how about the bond, FIMB?

Economy / Securities / Re: Starting a new FPGA mining farm/contract! Cognitive Resurrected on[Havelock]

on: March 09, 2014, 02:37:16 AM

Quote from: alincoln on March 07, 2014, 01:45:04 PM Quote from: alincoln on March 06, 2014, 11:40:06 PM Quote from: Garr255 on March 06, 2014, 09:19:53 AM 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! Hello Garr, I am looking forward receiving this month's installment of FIMB repayment, as per our agreement back in February. I believe I speak for other bondholders too which, unlike me, reportedly never received anything back. It doesn't matter whether you can send 10BTC or 1BTC, but keeping up with your word and sending something at the beginning of every month goes a long way in demonstrating your compromise to our agreed terms. So far I have received 38.56 BTC (50%). My BTC address is 1Bqg9YKE25U1BRCRm3pJiGsiFE5vvgirtB For the record: I confirm having received 1 BTC from Garr today, total received so far 39.56 BTC, still 37.56 BTC left. I don't understand. Do I literally have to spam this thread in caps just like alincoln just to get Garr255 to notice? I've PM'd him twice and posted twice on this thread. I would like to exercise the sellback clause as stated in the original FIMB contract Quote The bond can be repurchased by the issuer at any time for 102% of the face value, and can be sold back to the issuer at any time for 90% of the face value.

Economy / Securities / Re: Starting a new FPGA mining farm/contract! Cognitive Resurrected on[Havelock]

on: February 23, 2014, 07:34:33 AM

Cognitive-PR When will FIMB be repaid in full?

Economy / Securities / Re: Starting a new FPGA mining farm/contract! Cognitive Resurrected on[Havelock]

on: February 14, 2014, 03:10:32 AM

Is alincoln the only FIMB holder who has received partial repayment? Quote As you saw I sent an email to all FIMB holders regarding repayment. I plan on repaying 50% now and the rest as my personal mining income comes in. I'd like repayment now...

Economy / Securities / Re: [BTC-TC] Deprived Mining Speculation (DMS)

on: February 13, 2014, 02:20:29 PM

What happened after the btct.co shutdown? Were the dividends paid directly to the correponding btc addresses?

Other / Archival / Re: btt

on: February 13, 2014, 03:39:09 AM

Quote from: Nightmoonk on February 13, 2014, 02:45:22 AM Before I hand over a great deal of personal information, could someone confirm that the pm from deltanine is legit? Thanks. Yea should be, there has been a google user groups going for a while now Only now has xhomerx10 taken up reins to at least attempt to get him to talk

Economy / Securities / Re: Starting a new FPGA mining farm/contract! Cognitive Resurrected on[Havelock]

on: January 02, 2014, 02:09:16 AM

Quote from: investr on January 01, 2014, 11:44:29 PM Instead of direct compensation, how about we just don't add to the growth fund for a month and instead divert all coin to dividends for that time? -1 growth fund is better than divs. might as well fund some kind of middlecoin mining rig, or save for a scrypt ASIC and then mine on middlecoin almost double current divs isnt very much...

Economy / Securities / Re: Starting a new FPGA mining farm/contract! Cognitive Resurrected on[Havelock]

on: December 31, 2013, 06:04:10 AM

Quote from: stabs on December 31, 2013, 02:32:09 AM I propose two motions: 1. Motion to delete or not allow shareholders the ability to reclaim their shares that they have not claimed by now for Havelock. 2. Motion to purchase additional mining gear with our current funds (which is around $9k+?) This could be either the Litecoin gear that we voted on if that passes or something else like additional gear from Cointerra at a more extreme discount. I would much rather that we either purchase a bunch of r9 280x mining rigs and mine on middlecoin or wait for a scrypt asic and mine on middlecoin.

Economy / Securities / Re: Starting a new FPGA mining farm/contract! Cognitive Resurrected on[Havelock]

on: December 30, 2013, 02:04:57 PM

Quote from: Newar on December 30, 2013, 12:11:35 PM Quote from: Garr255 on December 29, 2013, 05:55:08 PM [...] I too am confident in share prices rising ones dividends are consistently being produced in January when we will have a 100% transparent operation. Best, Garrett Why is it so difficult to have a 100% transparent operation for the last three months. Just post the logs from the pools etc. i think it's just been a bundle of problems cropping up including: btct closing pool having bad luck and thus switching pools im not sure though, i'm guessing those cognitivemining.com charts are coming online soon

Economy / Securities / Re: Starting a new FPGA mining farm/contract! Cognitive Resurrected on[Havelock]

on: December 30, 2013, 04:02:08 AM

Quote from: snowdropfore on December 30, 2013, 02:30:48 AM how many hashrates do we have after the miners all gather around in jan??? 28TH/s from CoinTerra rigs 750GH/s from the current stuff

Economy / Securities / Re: Starting a new FPGA mining farm/contract! Cognitive Resurrected on[Havelock]

on: December 28, 2013, 02:41:04 PM

Just lookin around at the vanity addresses: Burnside has said: 1QKtEyRAUwVgod738WuEwUWcKGyRMMRea5 17ZRNXsS9AvzCQJaEmUJHHCDH5xLdvyxr8 were the deposit addresses. I found 1Garr2555P4oiAaLQqXkcdAKGg4SMt3RZS in the taint analysis of the top address. I'm assuming this is his personal address? Anyway. The only thing I find fishy is that Garrett said he would be using 1cogHCDW6ScMxuXQ5DNxS6LvLRVP18vBt for the HHTT pool, yet there have been quite a few transactions from the HHTT fund pool to 1Garr2555P4oiAaLQqXkcdAKGg4SMt3RZS account. The 115tTroRo3B9ZDQ6ATJGDCHcNEVbjJoZnF address seems to be some kind of payout address from ASICMiner shares. Quote from: Garr255 on December 08, 2013, 09:45:12 PM The addresses we will be switching to are: 1cogxXyYU2EXEbdcV9j18PWenRU7gAjt1 for Slush's pool. 1cogHCDW6ScMxuXQ5DNxS6LvLRVP18vBt for HHTT (becoming effective this evening) 1cogtXwSq9pZLfNsiFv48UFzjdEtZGTN7 for Eligius (becoming effective this evening) Simply looking at historical charts of the first two balances: https://blockchain.info/charts/balance?address=17ZRNXsS9AvzCQJaEmUJHHCDH5xLdvyxr8 https://blockchain.info/charts/balance?address=1QKtEyRAUwVgod738WuEwUWcKGyRMMRea5 These charts show no data into October/November. Looking at Garrett's personal address: There was a huge spike to 800+BTC in September which was probably a withdrawal into USD to buy the CoinTerra rigs, since they accept USD only, which was probably very very unlucky as this was just before the spike in BTC value. The numbers seem about right - ~900 BTC @ ~160USD/BTC meaning $144,000USD meaning 10 rigs @ $14000USD each (the Dec batch) meaning ~20 TH/s in power which is around the 28TH/s in orders claimed by Garrett. EDIT: more accurate figures: 888 BTC @ $125 / BTC at bitstamp turns out to be $111,000. Quote Yesterday, I placed an order for Cognitive from CoinTerra! I negotiated a discounted rate so we were able to purchase 14 2th/s boxes for a total hashrate of 28th/s, to be delivered in January! which was made on: September 24, 2013, 07:23:28 PM which coincides with the 888 BTC withdrawal (2013-09-13 00:34:16) The Early January Batch was priced at $6k USD a rig, and the first batch (http://cointerra.com/product/terraminer-iv-2ths/) was priced at $14k. For the early January batch, it works out to be 18.5 rigs. I'm thinking that in order to find a buyer for such an amount of bitcoin would ask for a much lower trade price, i.e. ~$110 It all works out, except possibly the October/November dividends. Burnside's addresses do not have incoming transactions past early October Garrett's new addresses i.e. prefix 1cog do not have any transactions before December. Garrett's personal wallet contains some transactions between these times, in particular: https://blockchain.info/tx/32996f77e6c45a5e0e8a54cf676f2a66bc3257594a3538b54be225adab0b9534 https://blockchain.info/tx/594426a949e9ac60878f51718ba771f4306748b32f4661f9d589fa85fb7492ec https://blockchain.info/tx/ff982d55198f59c78db2be816d3c8236f0a353b480879971397f089b44bddccf https://blockchain.info/tx/b51c5dabc53d07224323900d86e0562cd9778296616fbc161196898be888ac08 https://blockchain.info/tx/e751ee2e896c83cc1009a6154c26a6193a2d429211bf722ffc37d52e10a374b6 which add up to 0.35 BTC.

Economy / Securities / Re: Advice for a beginner please?

on: December 28, 2013, 01:49:05 AM

Quote from: DoloresHazed on December 27, 2013, 04:39:15 AM Look at it like this: Let's say the price (in dollars) of a real estate property we have invested in doubles in one year. So we should be doing pretty good if we flip it, right? Well, not if we invested bitcoin, the price of which (again, in dollars) quadrupled in a year. if we flip this house, we'll actually lose money. This is the most confused statement I've read today. If your house is denominated in BTC, and it doubles in price, and BTC quadruples in a year, then clearly investing in the house has 8x the original price of the house. The problem is that bitcoin securities have halved, where bitcoin has 5x in the last couple months or so...since the btct.co shutdown

Alternate cryptocurrencies / Altcoin Discussion / Re: free 5,000,000 doges to giveaway. many dogecoins. like such cute dog.

on: December 15, 2013, 12:43:05 AM

DSNm19MPwPy6sMbR6RBYjo9uLfSstzPkEe thx

Economy / Securities / Re: Starting a new FPGA mining farm/contract! Cognitive Resurrected on[Havelock]

on: December 12, 2013, 11:59:26 PM

We should have our current GPUs mining the most profitable alt coin and either converting it straight back to Bitcoin or keeping it in that altcoin (in case they rise a la the last rise) GPUs mining Bitcoin is already a waste of electricity. EDIT: nvm we don't even own any GPUs. If you can start snagging 7970's off ebay (I've seen some go for $300), I think that'd be pretty profitable. or reprogramming those FPGAs

Economy / Securities / Re: Starting a new FPGA mining farm/contract! Cognitive Resurrected on[Havelock]

on: December 10, 2013, 11:36:08 PM

When will FIMB be released?

Alternate cryptocurrencies / Altcoin Discussion / Re: [GIVEAWAY] Dogeaway, such generous, much reward so wow

on: December 09, 2013, 08:13:01 AM

DSNm19MPwPy6sMbR6RBYjo9uLfSstzPkEe SoDoge Klappa

Economy / Securities / Re: Starting a new FPGA mining farm/contract! Cognitive Resurrected on[Havelock]

on: December 05, 2013, 11:45:17 AM

Quote from: btcboston on December 05, 2013, 11:38:42 AM Nearly all of our questions were conveniently ignored. Garrett, you need to be able to address this. If you don't have time to answer a few simple questions then it sounds like you need someone to help you manage this company. This is simply not acceptable. hes fucking answered pretty much everything hes going to plot historical charts of pool payouts he has released cog.f1 on havelock hes going to release fimb hes probably going to release cog.f2 jesus fuck this isnt basic-mining chill your pants

Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]

on: December 03, 2013, 11:52:16 AM

^ lol

Economy / Securities / Re: Starting a new FPGA mining farm/contract! Cognitive Resurrected on[Havelock]

on: December 01, 2013, 07:10:50 AM

Isn't joining a larger pool like GHash.IO or slush or something better? ...maybe hold a motion...?

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