Dividends are currently suspended.
I was preparing to order the Avalon ASIC on the morning of the 31st... The total of the funds raised from the transitional tranche alongside the growth fund brought us up to just over
BTC130
...I could use 75 to order one box, and sit on the rest... or I could take a loan to kick us up to 150 and order two.
I found a shark tank deal for a
BTC20 loan. To repay this loan BAKEWELL will direct 100% of its hashpower to our creditor @ 50btc pps rates against our debt until the
BTC20 is paid back.
Once the initial BTC20 is paid back BAKEWELL regains its hashpower and will resume dividends on the regular schedule.
Then the
BTC received on the growth fund will be forwarded to our creditor for a short time in order to cover their profit for the loan.
On the bright side, after a hell of an interesting / nail biting morning... I think I was successful in placing an order for two Avalon ASIC (#2 batch) and I think I should be in the first handful of those orders.
-I made the purchase via a WalletBit account, so we have a receipt on file with them
Once these come in I will sell the gaming PC's & I figure the sale of those should cover one more Avalon box with the remainder going toward the expansion units,
So if all goes well that means BAKEWELL will have 3 full Avalon ASIC boxes up and running shortly.
