Topic: Starting a new FPGA mining farm/contract! Cognitive Resurrected on[Havelock] - page 44. (Read 300749 times)
February 26, 2014, 03:30:03 AM
PT dividends will be paid up within 24h.
February 26, 2014, 03:19:26 AM
COGNITIVE Litecoin exchange pass-through haven't received dividends since 2013-12-22:
https://litecoininvest.com/security/COGNITIVE-PT/history
https://litecoininvest.com/security/COGNITIVE-PT/history
February 26, 2014, 03:08:45 AM
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
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
February 26, 2014, 03:01:05 AM
February 26, 2014, 02:28:21 AM
February 25, 2014, 10:55:43 PM
Do we have an ETA on the rest of the gear?
February 25, 2014, 08:27:12 PM
^This^
great start to the 100% fully transparent business we should be aspiring to.
February 25, 2014, 08:19:59 PM
Please clarify:
4.09573021 coins leaving from 1cogxXy to
- 1.91145049 to 1Gw8o, the Cognitive havelock deposit address. This is the 10420 shares * 0.00018344 btc dividend per share.
- 1.91145049 to 1coggh, the Cognitive reinvestment fund, now at only 11.2291 btc instead of 15.
- 0.27272926 to 1Garr255, Garrett's public personal address... but why??
The contract states that all operating costs will be covered by the operators shares. I don't see any valid reason to send Cognitive funds straight to Garretts address.
Did you not make a separate wallet for Cognitive, resulting in sending all change money to your personal wallet? Please keep personal wallets separated from Cognitives.
Any coin that goes to 1coggh, intended or not, belongs to Cognitive.
4.09573021 coins leaving from 1cogxXy to
- 1.91145049 to 1Gw8o, the Cognitive havelock deposit address. This is the 10420 shares * 0.00018344 btc dividend per share.
- 1.91145049 to 1coggh, the Cognitive reinvestment fund, now at only 11.2291 btc instead of 15.
- 0.27272926 to 1Garr255, Garrett's public personal address... but why??
The contract states that all operating costs will be covered by the operators shares. I don't see any valid reason to send Cognitive funds straight to Garretts address.
Did you not make a separate wallet for Cognitive, resulting in sending all change money to your personal wallet? Please keep personal wallets separated from Cognitives.
Any coin that goes to 1coggh, intended or not, belongs to Cognitive.
Garrett plans to get online tonight and give you a more detailed explanation, but for now here is a brief explanation:
For a period of time, Garrett was using personal funds to pay dividends. The funds that were transferred from 1cogxXy to 1Garr255 (Garrett's public personal address) are compensation for that. I am going to contact Havelock and get records of when deposits were made into the COG dividend account and from what address they were sent. Then anyone should be able to verify that the dates for both the deposits and the dividends were the same, and that there were indeed deposits to 1Gw8o from one of Garrett's personal addresses equaling 0.27272926 BTC in value.
Why is there not at least 15.09686895 Btc in the reserve fund? The cointerra order was placed before cog was launched on havelock. So why is the not 50 percent of divs in the reserve fund? Why is the reserve fund still not completely public? This is bitcoin these are not hard task to accomplish this is the cognitive wallet mining revenue goes in, and any time that a single satoshi moves from the wallet there is a explanation. That way none of this crap is a problem and investors are not left with broken promises about transparency.
Garrett and I will come up with the exact price of the CoinTerra order so the amount in the reserve fund can be verified. The CT hardware was priced in dollars, so we will have to check the price of bitcoin at the time of the CT purchase to determine the value of the CT hardware, and ensure that the amount of BTC in the reserve fund is valid.
The reserve fund is completely public: https://blockchain.info/address/1cogghK1bWFNSVHdicX2dQLfcWJzxHBHY
As I said, Garrett will be online tonight to give a better explanation.
- Samuel
This sounds a lot more professional and transparent, this can really be a good start of Cognitive.
I really hope Cognitive can clear up every doubt we have here and start a healthy growth!
February 25, 2014, 06:12:53 PM
I don't understand why he would need to loan cog money to pay the divs?
February 25, 2014, 06:05:42 PM
Please clarify:
4.09573021 coins leaving from 1cogxXy to
- 1.91145049 to 1Gw8o, the Cognitive havelock deposit address. This is the 10420 shares * 0.00018344 btc dividend per share.
- 1.91145049 to 1coggh, the Cognitive reinvestment fund, now at only 11.2291 btc instead of 15.
- 0.27272926 to 1Garr255, Garrett's public personal address... but why??
The contract states that all operating costs will be covered by the operators shares. I don't see any valid reason to send Cognitive funds straight to Garretts address.
Did you not make a separate wallet for Cognitive, resulting in sending all change money to your personal wallet? Please keep personal wallets separated from Cognitives.
Any coin that goes to 1coggh, intended or not, belongs to Cognitive.
4.09573021 coins leaving from 1cogxXy to
- 1.91145049 to 1Gw8o, the Cognitive havelock deposit address. This is the 10420 shares * 0.00018344 btc dividend per share.
- 1.91145049 to 1coggh, the Cognitive reinvestment fund, now at only 11.2291 btc instead of 15.
- 0.27272926 to 1Garr255, Garrett's public personal address... but why??
The contract states that all operating costs will be covered by the operators shares. I don't see any valid reason to send Cognitive funds straight to Garretts address.
Did you not make a separate wallet for Cognitive, resulting in sending all change money to your personal wallet? Please keep personal wallets separated from Cognitives.
Any coin that goes to 1coggh, intended or not, belongs to Cognitive.
Garrett plans to get online tonight and give you a more detailed explanation, but for now here is a brief explanation:
For a period of time, Garrett was using personal funds to pay dividends. The funds that were transferred from 1cogxXy to 1Garr255 (Garrett's public personal address) are compensation for that. I am going to contact Havelock and get records of when deposits were made into the COG dividend account and from what address they were sent. Then anyone should be able to verify that the dates for both the deposits and the dividends were the same, and that there were indeed deposits to 1Gw8o from one of Garrett's personal addresses equaling 0.27272926 BTC in value.
Why is there not at least 15.09686895 Btc in the reserve fund? The cointerra order was placed before cog was launched on havelock. So why is the not 50 percent of divs in the reserve fund? Why is the reserve fund still not completely public? This is bitcoin these are not hard task to accomplish this is the cognitive wallet mining revenue goes in, and any time that a single satoshi moves from the wallet there is a explanation. That way none of this crap is a problem and investors are not left with broken promises about transparency.
Garrett and I will come up with the exact price of the CoinTerra order so the amount in the reserve fund can be verified. The CT hardware was priced in dollars, so we will have to check the price of bitcoin at the time of the CT purchase to determine the value of the CT hardware, and ensure that the amount of BTC in the reserve fund is valid.
The reserve fund is completely public: https://blockchain.info/address/1cogghK1bWFNSVHdicX2dQLfcWJzxHBHY
As I said, Garrett will be online tonight to give a better explanation.
- Samuel
February 25, 2014, 04:42:35 PM
Alright everyone. 3 things:
+2
1.) F1 and F2 will be converted to COG before the next dividend.
Looks like mining is back up to 8-9TH today. Either fixed some of the units or more arrived.
2.) The reason for the increase in hash rate was that Garrett fixed all but one of the CT units.
However, there should be a drop in hash rate in the next few hours because Garrett is taking two of the units to WA. Garret should have those set up and hashing again either tomorrow or the next day.
3.) Many of you have probably noticed that the www.cognitivemining.com/charts webpage isn't working. This is because the developer received his money, got lazy, and didn't complete the last steps to get the page up. We take blame for this delay, and Garrett will finish the site and make it live this week.
As always, feel free to leave questions, comments, concerns.
- Samuel
since the ct machine are mining ,I think f1 and f2 should get the dividends , that is what you should do right away.garr
+11.) F1 and F2 will be converted to COG before the next dividend.
Looks like mining is back up to 8-9TH today. Either fixed some of the units or more arrived.
2.) The reason for the increase in hash rate was that Garrett fixed all but one of the CT units.
However, there should be a drop in hash rate in the next few hours because Garrett is taking two of the units to WA. Garret should have those set up and hashing again either tomorrow or the next day.
3.) Many of you have probably noticed that the www.cognitivemining.com/charts webpage isn't working. This is because the developer received his money, got lazy, and didn't complete the last steps to get the page up. We take blame for this delay, and Garrett will finish the site and make it live this week.
As always, feel free to leave questions, comments, concerns.
- Samuel
February 25, 2014, 03:58:39 PM
since the ct machine are mining ,I think f1 and f2 should get the dividends , that is what you should do right away.garr
+1 February 25, 2014, 01:27:05 AM
Looks like mining is back up to 8-9TH today. Either fixed some of the units or more arrived.
10+TH now. 
February 24, 2014, 11:34:09 PM
Looks like mining is back up to 8-9TH today. Either fixed some of the units or more arrived.
February 24, 2014, 08:59:52 PM
since the ct machine are mining ,I think f1 and f2 should get the dividends , that is what you should do right away.garr
+1 February 24, 2014, 09:41:10 AM
Why is there not at least 15.09686895 Btc in the reserve fund? The cointerra order was placed before cog was launched on havelock. So why is the not 50 percent of divs in the reserve fund? Why is the reserve fund still not completely public? This is bitcoin these are not hard task to accomplish this is the cognitive wallet mining revenue goes in, and any time that a single satoshi moves from the wallet there is a explanation. That way none of this crap is a problem and investors are not left with broken promises about transparency.
February 24, 2014, 09:38:00 AM
since the ct machine are mining ,I think f1 and f2 should get the dividends , that is what you should do right away.garr
February 24, 2014, 08:43:04 AM
The original contract is as follows:
Cognitive Mining (asset id Cognitive) was created with the intent to give investors the opportunity to participate in FPGA Bitcoin mining without purchasing their own hardware. 100% of mining revenue will be distributed proportionally among shareholders. One share of the asset gives you one share of the revenue. Operating costs will be paid for by shares held by the operator of the asset. Each share represents a share in the ownership of the hardware. Motions to sell more shares can be raised by shareholders if 25% agree. 70% of shareholders will need to agree to issue the proposed shares. In the event of liquidation, all revenue will be distributed evenly to shareholders. The operator reserves the rights, regardless of the amount of shares owned, to raise a motion, and sell all hardware. Dividends will be paid weekly. Further information can be found at http://cognitivemining.com/
If you have any questions, comments, or criticism, I appreciate it!
Cognitive Mining (asset id Cognitive) was created with the intent to give investors the opportunity to participate in FPGA Bitcoin mining without purchasing their own hardware. 100% of mining revenue will be distributed proportionally among shareholders. One share of the asset gives you one share of the revenue. Operating costs will be paid for by shares held by the operator of the asset. Each share represents a share in the ownership of the hardware. Motions to sell more shares can be raised by shareholders if 25% agree. 70% of shareholders will need to agree to issue the proposed shares. In the event of liquidation, all revenue will be distributed evenly to shareholders. The operator reserves the rights, regardless of the amount of shares owned, to raise a motion, and sell all hardware. Dividends will be paid weekly. Further information can be found at http://cognitivemining.com/
If you have any questions, comments, or criticism, I appreciate it!
Please clarify:
https://blockchain.info/tx/5e7bc1fa1c008bccd9496d24d979b2e3e7df17e8586a24f3787901eddbcea7fb
4.09573021 coins leaving from 1cogxXy to
- 1.91145049 to 1Gw8o, the Cognitive havelock deposit address. This is the 10420 shares * 0.00018344 btc dividend per share.
- 1.91145049 to 1coggh, the Cognitive reinvestment fund, now at only 11.2291 btc instead of 15.
- 0.27272926 to 1Garr255, Garrett's public personal address... but why??
The contract states that all operating costs will be covered by the operators shares. I don't see any valid reason to send Cognitive funds straight to Garretts address.
Did you not make a separate wallet for Cognitive, resulting in sending all change money to your personal wallet? Please keep personal wallets separated from Cognitives.
Any coin that goes to 1coggh, intended or not, belongs to Cognitive.
Furthermore, please explain the other spend:
https://blockchain.info/tx/fa314a18eba1ecd356cec0af2880e6834b401b241cec07ac8f0234cd4b60b244
- 3.2btc leaving from 1cogxXy to 1LQFqj?
Why not keep all funds in the 1cogxXy address?
Our demand (for months now) is that you post ALL the addresses that are used & owned by Cognitive. You don't use it for personal loans.
What is so hard about sending all mining proceeds weekly for 50% to 1cogxX (savings) and the other 50% to 1Gw8o (havelock divs), without sending the change to your personal address...
It's unbelievable that you are in bitcoin for 2-3 years and that it takes you months to get this sorted.
The last dividend was almost 5 times higher than the last 2 divs, which means 80% pct of the current hashrate is due to the new CT gear.
That gear was paid for about 90% with fresh CogF funds... which means these people deserve to get their piece right now, not when eventually half of all the ordered hash rate arrives.
Edit: it's plain simple. Any spend of btc that does not go to havelock dividends, requires an explanation and a vote. All other costs are on you. AFAIK you have plenty of shares to get around.
February 24, 2014, 08:26:06 AM
Nothing is sure but if you want to act in your life, you need to take decision based on what you have.
Until now, Cognitive is not a scam while most of mining company are.
I choose to trust Cognitive long ago and until now, I didn't lose anything which is great and I will probably make a good profit in the coming months.
From experience, I think that mining Bitcoins is too risky compared to the reward. Cognitive will be my last investment in mining.
Until now, Cognitive is not a scam while most of mining company are.
I choose to trust Cognitive long ago and until now, I didn't lose anything which is great and I will probably make a good profit in the coming months.
From experience, I think that mining Bitcoins is too risky compared to the reward. Cognitive will be my last investment in mining.
You did lose something. 2 months of dividends.
February 24, 2014, 06:30:21 AM
That is a big problem. It seems that all mining company are scams. It is a miracle that Cognitive is not.
Cognitive may be soon the only alive mining company that isn't a scam. The price per share will definitely skyrocket.
How are you so sure that Cognitive isn't a scam?Cognitive may be soon the only alive mining company that isn't a scam. The price per share will definitely skyrocket.
Nothing is sure but if you want to act in your life, you need to take decision based on what you have.
Until now, Cognitive is not a scam while most of mining company are.
I choose to trust Cognitive long ago and until now, I didn't lose anything which is great and I will probably make a good profit in the coming months.
From experience, I think that mining Bitcoins is too risky compared to the reward. Cognitive will be my last investment in mining.
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