Post
Topic
Board Securities
Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]
by
kslaughter
on 27/09/2013, 19:22:23 UTC
Today's Dividends

Today's Dividend will be delayed until next Wednesday

This is due to the ongoing transfer of shares from BTC-TC to Bitfunder.  So, before dividends are paid out on Wednesday of next week all transfers of shares to bitfunder will have to be completed.  The dividend on Wednesday will be larger than normal and also we will start paying the dividend on Wednesday of each week.

Also, note that trading in ActiveMining on BTC-TC will be frozen after September 30th on BTC-TC.

Is that simply because of the extra days or has something else happened?

This is just due to the transfer issue, with the way dividends work on the exchange.  Since the shares are in limbo, being moved from one exchange to the other it would be hard to pay the dividends.  So we are waiting until after everything is settled.