Starting a new FPGA mining farm/contract! Cognitive Resurrected on[Havelock]

[kakobrekla]

We received a dividend on 01/20, and on 02/03, but not the one on 01/27...

I thought you had it figured out by now.

To get money out of this scamfuck you need to do beg'n'threat for a few days while jerking his dick off. Once everythins is set, put 2 fingers up his ass and some bitcoin change will fall out. Repeat until you got your money back.

[1714196390]

1714196390

[1714196390]

1714196390

[1714196390]

1714196390

[snowdropfore]

I got an e-mail from Ravi, my first units will be going out this week. 

We are in the same order, so the same goes for Cognitive

where are the machines now? you said it will be arriverd jan, now is feb

[Nightmoonk]

I got an e-mail from Ravi, my first units will be going out this week. 

We are in the same order, so the same goes for Cognitive

where are the machines now? you said it will be arriverd jan, now is feb

Only cointerra has control over that obviously. 

[Code_red]

2014-02-03    0.00003650
2014-01-20    0.00009597
2014-01-04    0.00003463
2013-12-29    0.00006925
2013-12-21    0.00018734
2013-12-14    0.00014051
2013-12-08    0.00024161

Highly variable amounts and variable payment dates. Even at this low share price has been paying less than 2% annual return

Also divs still appear to be very low for the 750ghs we are suppose to have and 50% going towards more hardware.

[theterabyte]

2014-02-03    0.00003650
2014-01-20    0.00009597
2014-01-04    0.00003463
2013-12-29    0.00006925
2013-12-21    0.00018734
2013-12-14    0.00014051
2013-12-08    0.00024161

Highly variable amounts and variable payment dates. Even at this low share price has been paying less than 2% annual return

Also divs still appear to be very low for the 750ghs we are suppose to have and 50% going towards more hardware.

At current difficulty:

1.0/(2.621*1000*1000*1000*(2**32)/(0.750*1000*1000*1000*1000)/(60*60*24))*(25)*7*(0.98*0.5*(1/10420.0)) => 0.000043712 (actual 0.00003650)

At previous difficulty:
1.0/(2.19*1000*1000*1000*(2**32)/(0.750*1000*1000*1000*1000)/(60*60*24))*(25)*7*(0.98*0.5*(1/10420.0)) => 0.00005669
(actual 0.00009597)

This is only two data points, but you guys can do the remaining math yourself.  +/- 50% is not unusual when using smaller pools.  If things are orders of magnitude off (like the missing divs), that is when we have a problem.

Using my previously invented "instantaneous annualized return", at a share price of 0.04 we are currently making 4.745%.  Obviously, this will jump massively when the cointerra hardware arrives.

EDIT:  also, we see a "low week" followed by a "high week" followed by a "low week" - the obvious explanation is payouts happen every few days, and the high week had more paid out, possibly including some divs from the prior week, and the low week had btc still in the pool waiting to be paid out.  this is why more data is needed and there is insufficient evidence for lower-than-expected results at this time.  Also, I am assuming 2% pool fee above, it could also be 3 or 5%.

[btcboston]

This is only two data points, but you guys can do the remaining math yourself.  +/- 50% is not unusual when using smaller pools.  If things are orders of magnitude off (like the missing divs), that is when we have a problem.

Using my previously invented "instantaneous annualized return", at a share price of 0.04 we are currently making 4.745%.  Obviously, this will jump massively when the cointerra hardware arrives.

EDIT:  also, we see a "low week" followed by a "high week" followed by a "low week" - the obvious explanation is payouts happen every few days, and the high week had more paid out, possibly including some divs from the prior week, and the low week had btc still in the pool waiting to be paid out.  this is why more data is needed and there is insufficient evidence for lower-than-expected results at this time.  Also, I am assuming 2% pool fee above, it could also be 3 or 5%.

It's nice that you're still willing to give Garrett the benefit of the doubt, but this is not the first time dividends have been withheld or missing.

[odin.dillinger]

Really hope to see some pictures of some cointerra machines merrily hashing away...
But as some  eloquent dude once said; Hope springs eternal...

[MilkyLep]

So how much of that fat ole dividend was from the scrypt mining gear?

[kakobrekla]

So how much of that fat ole dividend was from the scrypt mining gear?

are the address for that not public yet?

come on Garr we need to get this transparent ASAP! Can we hire a guy to help?

Sup goat, cog not going as well as you hoped shilled for?

[snowdropfore]

are we hashing now？

[elasticband]

http://www.coindesk.com/cointerra-performance-issues-security-breach/

CoinTerra is offering compensation to early adopters of its latest TerraMiner IV mining rigs, based on the GoldStrike I ASIC.

All customers who ordered the first batch of TerraMiner IV units, scheduled to ship in December, will now receive a second rig, free of charge.

Just wondering if we could have information regarding this statement.What compensation will we be offered?

has a facility with the correct power capabilities been secured/located?

[MilkyLep]

I suppose http://tompool.org/tomcoinscrypt.jsp 1cogHCDW6ScMxuXQ5DNxS6LvLRVP18vBt
which looks like isn't currently hashing.

Code:

1cogHCDW6ScMxuXQ5DNxS6LvLRVP18vBt.1 	1484 Kh/sec

Code:

1cogHCDW6ScMxuXQ5DNxS6LvLRVP18vBt 	0.00744 	0.03079

pulled 2/10/14 0218

So much revenue. Hows that financial statement coming along?

[Garr255]

Hi all,

I'll be back later tonight and tomorrow with a comprehensive financials report and some great news regarding our upcoming hardware delivery!

[snowdropfore]

Hi all,

I'll be back later tonight and tomorrow with a comprehensive financials report and some great news regarding our upcoming hardware delivery!

hope  our machine had arrived,and f1 and f2 will transfer to cog soon so we all can get dividends

[Justin00]

why not just tell them you seem to have 84btc sitting in your wallet (well ~140btc) if you don't minus when you paid that other guy 35btc.

[Code_red]

why not just tell them you seem to have 84btc sitting in your wallet (well ~140btc) if you don't minus when you paid that other guy 35btc.

84 +35 = 140? Man can you be my accountant?

[Garr255]

Hello Shareholders,

Currently, I'm on my way to Austin to speak with Cointerra regarding our order. As the contract Ravi (CT CEO) agreed to states, if they are 30 days late (after January 31) in delivering our hardware, we will receive and additional 30% of the total hashpower we ordered. I believe they will be delivering in February, and will be able to confirm either way this evening. Hopefully I will be able to pick up a few test units while in Austin in order to start generating some sizable coins for Cognitive.

A few people have inquired on managing the bookkeeping and PR for Cognitive, and I am in the process of sorting through these emails and PMs to choose whomever is most worthy.

Cheers,
Garrett

[kakobrekla]

Hello Shareholders,

Currently, I'm on my way to Austin to speak with Cointerra regarding our order. As the contract Ravi (CT CEO) agreed to states, if they are 30 days late (after January 31) in delivering our hardware, we will receive and additional 30% of the total hashpower we ordered. I believe they will be delivering in February, and will be able to confirm either way this evening. Hopefully I will be able to pick up a few test units while in Austin in order to start generating some sizable coins for Cognitive.

A few people have inquired on managing the bookkeeping and PR for Cognitive, and I am in the process of sorting through these emails and PMs to choose whomever is most worthy.

Cheers,
Garrett

So much lulz. Quoted for preservation.

[dunchy]

Hello Shareholders,

Currently, I'm on my way to Austin to speak with Cointerra regarding our order. As the contract Ravi (CT CEO) agreed to states, if they are 30 days late (after January 31) in delivering our hardware, we will receive and additional 30% of the total hashpower we ordered. I believe they will be delivering in February, and will be able to confirm either way this evening. Hopefully I will be able to pick up a few test units while in Austin in order to start generating some sizable coins for Cognitive.

A few people have inquired on managing the bookkeeping and PR for Cognitive, and I am in the process of sorting through these emails and PMs to choose whomever is most worthy.

Cheers,
Garrett

One vote for theterabyte if he's even willing to get his hands dirty

[silverfuture]

Hello Shareholders,

Currently, I'm on my way to Austin to speak with Cointerra regarding our order. As the contract Ravi (CT CEO) agreed to states, if they are 30 days late (after January 31) in delivering our hardware, we will receive and additional 30% of the total hashpower we ordered. I believe they will be delivering in February, and will be able to confirm either way this evening. Hopefully I will be able to pick up a few test units while in Austin in order to start generating some sizable coins for Cognitive.

A few people have inquired on managing the bookkeeping and PR for Cognitive, and I am in the process of sorting through these emails and PMs to choose whomever is most worthy.

Cheers,
Garrett

One vote for theterabyte if he's even willing to get his hands dirty

Two votes