Quote from: nwfella on March 01, 2014, 04:42:39 AM

Quote from: Surf Capital Management on February 28, 2014, 07:18:42 PM

Dividends paid: BTC0.00000172/share

Explanation: I've decided to liquidate the fund's AsicMiner position. I'd like to start diversifying the fund's exposure to different aspects of the Bitcoin economy. I'll be submitting a vote to shareholders to decide which company the fund should start buying shares in next. My thoughts are NEOBEE on Havelock, PETA on Havelock, and KINETICS on Cryptostocks.

I'm still bullish on Cognitive Mining (Havelock: COG) and want to increase the fund's position in this security. The steady cash flows of mining companies are attractive. However, I am only interested in mining companies that retain a large percentage of mining profits (>50%) to continually reinvest in new hardware to maintain a steady yield. This requires increasing hashrate as the difficulty of the network increases. Diversification into different alt-coins is key too. Cognitive has begun to diversify some of their hardware to mine Scrypt based coins based on their profitability of the coins as measured by the BTC exchange rate.

Eyes to the Horizon: I will be creating a dedicated wallet in which all dividends paid on fund's shares will be held. This will increase transparency for investors. If anyone has any suggestions on which wallet service is most secure for this, please feel free to comment.

#SurfsUp

my vote: bitcoin-qt

I agree. I don't want to see a repeat of the inputs.io fiasco.