have a great month. We repeatedly broke traffic record, become more famous, and still keep a 100% public domain website.
I hired a cartoonist to work with the magazine and soon he will have a dedicated comic section as opposed to be one of the articles.
As always, there is constant improvement to the site such as the upcoming Random Article of the Day and the already mentioned Comic section which will roll out after the random article.
Unfortunately, revenues for Bitcoin Weekly is not keeping up.
My employment cost for three dudes, 1.5 BTC, 1 BTC, and 2 BTC(soon to be 1 BTC I hope) means that I spent 4.5 BTC every week getting regular production of new contents. Not to mention the variable cost of freelancers which could be anywhere from 1 BTC to 3 BTC in a good week. I am lowering the rate of article commission to .50 BTC to keep cost down and will do negotiation with the 2 BTC guy.
My revenues is mainly what I get from Operation Fabulous, which is currently 0.08 each day. That mean .56 BTC per week. You do the map.
We will also roll out a news service in partnership with Bitcoin Watch, which will provide additional revenues to make up for the cost.
So, in short, it costs me 4.5 to 7.5 BTC each week to run the magazine. Currently, I have 9.58300000001 BTC which is not very much. I will get .56 BTC every week and perhaps 2 or 3 BTC every month from the news service and bitcoinweekly is not yet a sustainable operation.
So what can you do for the magazine? Well, if you like us, you might consider buying a Bitcoin Weekly t-shirt.
Half of the profit goes back to fund the magazine.
If you like to get your money worth, you can find us on Operation Fabulous
where you can advertise your goods and services.
If you're feeling generous, you can always tip us at 1NWc7N4FAs55hJ1xdTf3KWHZD89yn2PQKV (We currently don't get much donations)
Show us your love for the magazine, and we will supply a steady stream of Bitcoin Analysis and comics for years to come.