[HAVELOCK] SCRYPT 4 GH/s hosted scrypt mining project by CRYPTX

[IamNotSure]

...
When they re-invest the fund they hv saved in BTC, the mines dividend will double at least, same as the share price...

Quoted for future entertainment.

... and relevant username 

A this time, a good operation with div reinvest will gives us 20% increased Hashrate at most. Which is not that bad...

[spartan82]

...
When they re-invest the fund they hv saved in BTC, the mines dividend will double at least, same as the share price...

Quoted for future entertainment.

That's been way optomistic... But I would so love to see that myself. Won't happen though lol

[strombert]

I paid 53 euros for 4 shares 2nd batch IPO,  btc was 330 I think.

Now BTC costs 420 and my shares are worth 48 Euros.


 

[alexius89]

perfect moment to jump in.
Shareholders cashing out at a loss,
Difficulty decreasing,
Reinvestment funds are interestingly high,
btc/€ price still good enough for our costs,
Shareprice still undervalued.

Indeed!  I'm definetly in for the long term run :-)

[EdoBcn]

I'm getting some weird values on long term dividends:

16-may   0,0005729600
23-may   0,0005763800
30-may   0,0005395500
06-jun   0,0004080500
13-jun   0,0003440500
20-jun   0,0003003530
27-jun   0,0002377380
04-jul   0,0001751230
11-jul   0,0001125080
18-jul   0,0000498930
25-jul   -0,0000127220
01-ago   -0,0000753370

If we spend our reinvestment fund, when would we start getting some machines to start mining and producing dividends?

Cryptx/Havelock, do you have any additional info for us shareholders?

Thanks

[webbrowser]

I'm getting some weird values on long term dividends:

16-may   0,0005729600
23-may   0,0005763800
30-may   0,0005395500
06-jun   0,0004080500
13-jun   0,0003440500
20-jun   0,0003003530
27-jun   0,0002377380
04-jul   0,0001751230
11-jul   0,0001125080
18-jul   0,0000498930
25-jul   -0,0000127220
01-ago   -0,0000753370

Stop FUDing!  When the share price drops to 0.0178, our annual yield will be back to 100+% again, as it should be.  You'll see!

[spartan82]

You're both tripping. Currently there are 107.78btc in reinvestment funds which gives us buying power soon as cryptx sees a fit market for it. If you split those funds between each share it is worth 0.003662 BTC approximately per share. Between June 10th and July 14th we saw a drop in difficulty mining litecoin. LTC is not the only altcoin that can and will be mined by scrypt miners so it is not fair to say that litecoin will always be rising in difficulty. Those numbers don't mean anything.

[EdoBcn]

Far away from me the idea of fuding where I got all my investment.
I couldn't sell it off even if I wanted to take a huge loss... I've invested too much in it.

I'm just asking when are we planning to spend the reinvestment fund and when are we planning to have new machines working for us.
As simple as that. According to xls forecast, we have 1 month before some trouble...

And by "we" I of course intend "Cryptx".

[spartan82]

Far away from me the idea of fuding where I got all my investment.
I couldn't sell it off even if I wanted to take a huge loss... I've invested too much in it.

I'm just asking when are we planning to spend the reinvestment fund and when are we planning to have new machines working for us.
As simple as that. According to xls forecast, we have 1 month before some trouble...

And by "we" I of course intend "Cryptx".

I've already asked this question on last weeks divs. Still no answer to that but it will happen when the time is right I'm sure. Scrypt Asics are still being developed, bigger faster better. Within the next 2-3 weeks I'm sure that they'll land a great deal and bump us up a few notches.

[EdoBcn]

[DropDead.Be]

For future refference:

Current hashrate: 2.945 Mh/s.

125 BTC in reinvestment fund x 600 $ => 75.000 $

600 MH/s for $ 10.000
https://www.mining-asics-technologies.com/product/excalibur-7-asic-scrypt-miner-600-mhs/
This would mean an increase of (600*7,5 = 4.500 MH/s)

4500/2948 => 152 %

NOTE:*No clue at what price our miners will be bought/made.

But I would like to see something like this happen in the next month.

[nwfella]

Went ahead and decided to pick up an extra share.  Going to be interesting to see just how large this pool gets by the end of the year.

[EdoBcn]

dividends announced but not paid... wtf?
or I'm the only one ?

[stompysteve]

dividends announced but not paid... wtf?
or I'm the only one ?

no div paid

[mruiter]

havelock was hard to reach yesterday from my 3g and fiber connection.
Maybee crypt also had that problem. it will come don't go crazy

[IamNotSure]

Nice div this week, a little increase.

June 20th, 2014 - Update about this weeks dividend payout:

Calculation:
1,834.5 LTC or 30.23863062 BTC in total from mining
- 11.09085765 BTC as dividend (0.00037675 BTC/share)
- 16.63628648 BTC reinvestment
- 2.51148649 BTC as hosting fee

Total reinvestment fund now reaches 124.4 BTC.

[strombert]

What's going on here? I didn't receive anything, when I withdraw my btc amount half of it is transaction fees
 Is there any thread where these guys are active ?

I have 4 Shares and feel extremely important, this was my first bitcoin-buy

Some leave, some buy more. I don't get the maths behind this, all I hear and see is cheaper machines everywhere. is litecoin murdered ?

[joele]

dividends announced but not paid... wtf?
or I'm the only one ?

no div paid

Ok, I thought I'm the only one too.

[EdoBcn]

it's hard to get support from havelock only on business days. As ltc are converted daily into btc, maybe we can vote to change payout of div on thursdays instead ? This would give 1 day extra for support to act on issues...

[Korbman]

dividends announced but not paid... wtf?
or I'm the only one ?

no div paid

Ok, I thought I'm the only one too.

Guys, the dividend is scheduled for today. My guess is it'll go through sometime in the afternoon, which is what happens to me whenever I schedule them.