Post
Topic
Board Securities
Re: [HAVELOCK] SCRYPT 4 GH/s hosted scrypt mining project by CRYPTX
by
JstnPwll
on 19/12/2014, 15:28:41 UTC
Quote
Dear Unit Holders,

First,

Update about this week's dividend payout:
We will pay 100% dividend this week because of the results of the vote (see below).

Calculation:
4.8435852348 BTC in total from converted altcoins
- 0.46637754 BTC as dividend (0.00001584 BTC/share)
- 4.37720769 BTC as hosting fee

Second,

Results of the vote:
57% of all weighted units have cast their vote:

- Payout a one time dividend from hardware sale and reinvestment funds: 44%
- Convert each Scrypt unit to 6 AMHash3 units: 46%
- Keep mining with the Scrypt mine: 10%

These results indicate that a vast majority of unit holders wants to either receive a one time dividend or convert their Scrypt units to AMhash3 units.

Therefore we will meet both options with the following scenario:

- We place a bid for Scrypt units of 0.00684 BTC during 1 week, ending on Friday 26th of December at 11:00 GMT. Unit holders have the opportunity to sell their units at this price until then.
- After this deadline, trading will be halted and all remaining Scrypt units will be converted to AMHash3 units. Converted units will automatically appear in your Havelock account. After the conversion, Scrypt will be delisted from Havelock.

Thank you,

Team CryptX

Nice, I'm glad there are two options here at the end.