Hi
The original 4 were delivered April 28th
The last on that was delivered late by Cointerra was delivered Tuesday, 05/27/2014 at 11:25 A.M.
Assuming that I get confirmation from MikeMike of these delivery dates, I calculate compensation for late delivery of 1 unit as follows:
1.6 TH/s miner
May 1 - 11 difficulty = 8000872135.9681635
May 12 - 23 difficulty = 8853416309.1278
May 24 - 27 difficulty = 10455720138.484837
Average calculated expected income at each difficulty:
May 1 - 11: 0.10058073 per day X 11 days = 1.10638803 BTC
May 12 - 23: 0.09089104 per day X 12 days = 1.09069248 BTC
May 24 - 27: 0.07697233 per day X 4 days = 0.3078893 BTC
(income generated calculated as the average of the values reported by the following three websites: alloscomp.com, bitcoinx.com, and coinwarz.com)
1.10638803+1.09069248+0.3078893 = 2.50496981 BTC
As such,
MikeMike is due 2.50496981 BTC refunded from escrow as compensation for late delivery.
The remainder of escrow will be released to soniq.
I'll wait 48 hours to see if there are any facts or relevant details that I am missing. If nothing new comes to light, then escrow will be released as indicated.
If any one has any objections to this resolution, or any reason why this decision violates the original escrow agreement, they need to post the associated information in this thread before Thursday, 2014-08-14 23:59 CDT (UTC-5:00).
Danny/Soniq,
As I have made you aware by PM I've had a complicated death in my immediate Family.
I see we won't receive any compensation for the 4-miners being delivered late
though Soniq and I had a personal arrangement it was not put into the Escrow Agreement
and Soniq will not reply to my numerous emails/PM's to address this matter.
Soniq did agree to a payment of
4.8BTC or 4.2BTC I believe for the 5th late terraminer.
Given no recourse and it being clear that's better than this we will accept the
4.8BTC or 4.2BTC agreed upon arrangement.
Which ever it is go with it if it's not too late...
I want to get it over and move on.
Though I'd still like to know what's going on with our Jupiter GB payouts that we never received nor any of the NMC
that was mined that's now near worthless and I can only hope that Soniq won't retaliate and hold this against us
thereby never making good for those Jupiter GB payouts and NMC payout.
Sincerely,
MM