Our 3rd dividend payment is coming up in less than 24 hours.
STSH Dividends and Assets detailsRound 1 STSH assets sold out in 2 weeks.
5000 Round 2 STSH assets will be sold at 30 NXT each
7500 Round 3 STSH assets will be sold at 50 NXT each
Here is the break down of our income for week 3:
Crypto Stock Dividend payments:
BTC Funds: 0.0530080 approximately
680 NXT @ today's NXT/BTC rate hovering around .00007800
NXT Funds:
100 NXT Mining Operation Earnings:
BTC FUNDS: 0.03412990 approximately
438 NXT @ today's NXT/BTC rate hovering around .00007800
100Gh/s hashing power acquired = .0015*5 = .0075 Btc approximately
96 NXT @ today's NXT/BTC rate hovering around .00007800
Arbitrage Trading Fund:
BTC FUNDS: 0.013 approximately
167 NXT @ today's NXT/BTC rate hovering around .00007800
NXT FUNDS: 0 NXT
Brick & Mortar Assets (listed on NXT AE):
NXT FUNDS: 0 NXT
Weekly Analysis:
We have added the spreadsheet above for quick glance of dividends paid and our currently held assets on the NXT AE.
This week was particularly good for crypto stock divis.
We are very happy with the hosted mining agreements we have. We have decided to proceed with acquisition of as much hashing power as possible with the current uncertainty in the scrypt world, we are getting quite favourable rates. We are using our own money plus moving some funds out of the arbitrage sector to acquire more hashing power.
We will have 4.5 Th/s hashing power dedicated to mining bitcoin before end of round 3.
Week 3 , we added 100 Gh/S hashing power.
Week 4 , we will be adding another 250 Gh/s hashing power.
Our earnings for third week of July are approximately
1481 NXT.Total STSH assets sold= 2500
Total dividend payment for week 3= 2500 x 0.3 =
750 NXTThe remaining fund of 731 NXT will be moved into the reinvestment fund which is designated for future dividend reimbursements once all three phases of IPO are completed successfully. In the meantime we will be using this fund for short term investments on NXT AE.
Current value of reinvestment fund: 2129+731=
2860 NXTGO NXT