Hello everyone,

I apologize greatly for the late response. Garrett has been in San Francisco for the past few days, and I have been off the grid without internet.

We can make very little excuses for the low hash rate you have seen in the last few days. As before, the problem was a result of CT hardware that isn't working properly, combined with a lack of attention and quick response on our part. Garrett was focused on securing the new, cheap-power location. This is important, but of course so is keeping the hardware online. He should have been focused on both of these tasks. Garrett is very aware of his mistakes, and is committed to fixing all of this immediately.

In response to allegations that Garrett has been stealing from Cognitive: I can assure you that this is absolutely untrue. Mismanagement in some areas -  perhaps yes. But stealing or any sort of criminal activity, absolutely not. While my word may mean very little to you, I can tell you that I have access to the shop where all the hardware currently resides, have helped with the setup of this hardware, and that all of this hardware has been hashing for Cognitive, and no one else.

It is our promise that Garrett and I will work our hardest to fix all of this as soon as possible.

- Samuel