August 15th, 2014 - Dear Unit Holders,

Update about this weeks dividend payout:

Calculation:
1,055 LTC or 10.6133 BTC in total from mining
- 2.66844871 BTC as dividend (0.00009065 BTC/share)
- 4.002673071 BTC reinvestment
- 3.94217822 BTC as hosting fee

Total reinvestment fund now reaches 90.78 BTC.

We would like to propose some ideas / options for the Scrypt-X project. We will issue a first voting round between 4 possible options. A second voting round will be held between the two most favorable/supported options.

Options:

1.   Purchase of 23 Scrypt Miners (A2 Innosilicon Terraminers, hashrate of ~85-90Mh/s)
Total hashrate: 2,000 Mh/s
Overall hashrate of Scrypt-X will increase by 50 percent to a total of 6,000 Mh/s
Deployment is possible immediately after the second voting round
Total price $45,977 or $1,999 per miner

2. Convert every Scrypt-X unit to 5 PetaMine units. The Scrypt-X project will cease to exist.

3. One time dividend of 90.5 BTC. The Scrypt-X project will continue with a weekly 100% dividend payout.

4.   Keep the reinvestment funds for future opportunities. The Scrypt-X project remains like it is today.


First voting round:

Unit holders can place their vote on https://www.surveymonkey.com/s/BXLC5JP till Thursday 21 August 2014, 12:00 GMT.

Second voting round:

The second voting round will start on Friday 22 August 2014 and end on Friday 29 August 2014.


Team CryptX