Quote from: TheSwammi on September 17, 2014, 01:30:46 PM

Quote from: Kushedout on September 16, 2014, 10:43:55 PM

Quote from: WillMilk4Coin on September 16, 2014, 09:12:56 PM

Quote from: _mr_e on September 14, 2014, 12:10:13 AM

So when are we receiving our payouts from those 1000 blocks!?

It's 1,000 btc and they're rewards won by the pool Icedrill has developed and/or commissioned.
https://blockchain.info/address/12ej4RUwoszmQoKYyFg6Ej27L82xhFS5Ao

Quote from: will on September 14, 2014, 12:07:54 AM

Pool Development
1st release candidate has been in play for a while now, and we clocked it stable (massively expandable) at around 2.1 Ph/s for a few days, allowing us to hit the milestone of 1000th bitcoin blocked on software we developed and/or commissioned for solo and/or pooled mining. Details on what makes this pool project so different will be made clear over the coming days as we prepare for launch to a wider audience.

Company reorganization
We are currently in progress to move from a single-sig to a multi-sig wallet handling solution. Some of the major PU holders will hold part of the keys to this wallet. This should improve the day to day financial-handling as we choose a fund manager. A simple dividend payout plan has been suggested and I support it fully.

Cryptomex
Now, while Cryptomex isn't very technically advanced it did make some decent regulatory/compliance strides in that it passed an initial round of questioning and scrutiny by the HK SFC. The main issue I have with the project is that it loses impetus every time I step away from it for a while, which is a pity. How/if we continue with this project will be decided in the coming days.

-If Icedrill developed and/or commissioned the creation of this pool, where did the funding come from?
-Who are these major PU holders that will be holding the keys and how were they selected?
-Why is a fund manager necessary for "day to day financial-handling"? Since it hasn't been going to PU holders, why so much activity - where is it flowing?
-So Cryptomex, the very instrument built for our PU assignment and the reward payout system, may now be axed? What is the alternative at this point?
-What has held up the implementation of a reward payout system? How long does the process take to go from a suggestion to realization? I hope not another 4 months...

Quote from: will on May 21, 2014, 01:12:25 AM

...
1. Rewards payments (previously known as dividends) based on PU assignments on CryptoMex should begin late this week, if not early next week. Please understand that you don't have to submit KYC information to be eligible for reward payouts.

Sorry, Will, but why does it seem there are so many different branches to this project; Cryptomex, no Cryptomex; Developing a pool; Trying to reclaim money from HF; Waiting for the accountant; Hiring a Fund Manager; We're moving facilities; Company Reorganization; Changing wallet solution, one can't help but get the feeling these distractions are intentional? While much of these things are great and wonderful, the very first priority for the people that gave you money remains, "When will I see some return on my investment?" -and this seems to be the only thing that's either being ignored entirely, or getting extremely little attention.

They are paying themselves with your BTC as if they are working on all this bogus projects and in process milking whatever is left, so at the end it will look like as if the company ran out of funds wile performing its day to day operations. As far as investors go, here is a illustrations of where you currently stand.

This can only be the truth since the accused make no effort to deny it.

Isn't it sad that so much time has passed that I have already crossed these coins off my balance that this is just becoming funny now... I'll never see the 2.5 btc again.