Re: [Havelock] Bitcoin Difficulty Derivative (BDD) - Now Live!
Hey Hey, a nice 19.49% difficulty rise should make a dividend for sell of around 0.02 
I calculated 0.0436
You need to remove the % in fees that twentyseventy is taking & daily divs already paid
0.00114617 *200 = 0.229234
new rate is
0.0009592 *200 = 0.19184
Remaining is 0.0305 minus already paid divs gives 0.0248 ish
The fund IPOed at 210 days of MINE dividend, so this calculation is not accurate.
In the last report, the funds NAV/U was 0.23823015. After that, another dividend was paid last night, reducing the NAV/U to 0.23708398. 200 days of dividends at the new difficulty is 0.191849. So if the SELL dividend is paid before the next MINE dividend, it will be 0.0452348. If it is paid after the next MINE dividend, it will be 0.0442756.
Of course, the NAV/U may be slightly higher due to new sales of EXCH as there are now 662 units outstanding compared to 617 in the last report.