Thanks for constantly updating this.
As the hashrate is heading towards 300 PH/s, can you please explain the difficulty change that is needed for a SELL dividend?
Topic: [Havelock] Bitcoin Difficulty Derivative (BDD) - page 51. (Read 290235 times)
Period 23, Day 7 Report - October 30, 2014
Balance Post Divs: BTC 210.75608765
Total Units: 17492
NAV/U: BTC 0.01204871
Balance Post Divs: BTC 210.75608765
Total Units: 17492
NAV/U: BTC 0.01204871
Period 23, Day 6 Report - October 29, 2014
Balance Post Divs: BTC 211.86431140
Total Units: 17483
NAV/U: BTC 0.01211830
Balance Post Divs: BTC 211.86431140
Total Units: 17483
NAV/U: BTC 0.01211830
Period 23, Day 5 Report - October 28, 2014
Balance Post Divs: BTC 209.18649016
Total Units: 17175
NAV/U: BTC 0.01217970
Balance Post Divs: BTC 209.18649016
Total Units: 17175
NAV/U: BTC 0.01217970
Period 23, Day 4 Report - October 27, 2014
Balance Post Divs: BTC 207.42400782
Total Units: 16941
NAV/U: BTC 0.01224390
Balance Post Divs: BTC 207.42400782
Total Units: 16941
NAV/U: BTC 0.01224390
Period 23, Day 3 Report - October 26, 2014
Balance Post Divs: BTC 207.22770774
Total Units: 16832
NAV/U: BTC 0.01231153
Balance Post Divs: BTC 207.22770774
Total Units: 16832
NAV/U: BTC 0.01231153
Period 23, Day 2 Report - October 25, 2014
Balance Post Divs: BTC 207.74542635
Total Units: 16780
NAV/U: BTC 0.01238053
Balance Post Divs: BTC 207.74542635
Total Units: 16780
NAV/U: BTC 0.01238053
Period 23, Day 1 Report - October 24, 2014
Balance Post Divs: BTC 208.63931935
Total Units: 16758
NAV/U: BTC 0.01245013
Balance Post Divs: BTC 208.63931935
Total Units: 16758
NAV/U: BTC 0.01245013
Period 23, Day 0 Report - October 23, 2014
Balance Post Divs: BTC 204.46757337
Total Units: 16336
NAV/U: BTC 0.01251637
Balance Post Divs: BTC 204.46757337
Total Units: 16336
NAV/U: BTC 0.01251637
Period 22 End Report - October 23, 2014
Previous Units 15474
EXCH Sold 862
Less Buybacks 0
New Total Units 16336
Previous Balance 208.97448932
Price per EXCH 0.01391002
Gross Sales of EXCH 11.99043724
Less Fees 0.04796170
Less Dividends 15.07517759
Less Buybacks 0.00000000
Less Mgmt Fee 0.23281758
Net Balance 205.60896969
End of Period NAV/U 0.01258624
New Difficulty 35,985,640,265
New Daily Dividend 0.00006987
New Reserve per Unit 0.01397400
New Reserve Less NAV/U = 0.01397400 - 0.01258624 = -0.00138776
SELL Dividend None (Because NAV/U is less than 200 Days of Dividends)
Days of Dividends On Hand ~180
You'll notice that I calculate the new Dividend to eight digits and multiply that times 200 Days to get the new Reserve. Those of you that did your own calculations may come up with a slightly different number if you chose not to round or to round elsewhere.
New EXCH Sales Price 0.01296383
Previous Units 15474
EXCH Sold 862
Less Buybacks 0
New Total Units 16336
Previous Balance 208.97448932
Price per EXCH 0.01391002
Gross Sales of EXCH 11.99043724
Less Fees 0.04796170
Less Dividends 15.07517759
Less Buybacks 0.00000000
Less Mgmt Fee 0.23281758
Net Balance 205.60896969
End of Period NAV/U 0.01258624
New Difficulty 35,985,640,265
New Daily Dividend 0.00006987
New Reserve per Unit 0.01397400
New Reserve Less NAV/U = 0.01397400 - 0.01258624 = -0.00138776
SELL Dividend None (Because NAV/U is less than 200 Days of Dividends)
Days of Dividends On Hand ~180
You'll notice that I calculate the new Dividend to eight digits and multiply that times 200 Days to get the new Reserve. Those of you that did your own calculations may come up with a slightly different number if you chose not to round or to round elsewhere.
New EXCH Sales Price 0.01296383
Period 22, Day 12 Report - October 22, 2014
Balance Post Divs: BTC 205.60896969
Total Units: 16336
NAV/U: BTC 0.01258624
Balance Post Divs: BTC 205.60896969
Total Units: 16336
NAV/U: BTC 0.01258624
Period 22, Day 11 Report - October 21, 2014
Balance Post Divs: BTC 206.78238457
Total Units: 16336
NAV/U: BTC 0.01265807
Balance Post Divs: BTC 206.78238457
Total Units: 16336
NAV/U: BTC 0.01265807
Period 22, Day 10 Report - October 20, 2014
Balance Post Divs: BTC 207.95579945
Total Units: 16336
NAV/U: BTC 0.01272990
Balance Post Divs: BTC 207.95579945
Total Units: 16336
NAV/U: BTC 0.01272990
Period 22, Day 9 Report - October 19, 2014
Balance Post Divs: BTC 209.11563004
Total Units: 16335
NAV/U: BTC 0.01280169
Balance Post Divs: BTC 209.11563004
Total Units: 16335
NAV/U: BTC 0.01280169
Period 22, Day 8 Report - October 18, 2014
Balance Post Divs: BTC 209.90861297
Total Units: 16307
NAV/U: BTC 0.01287230
Balance Post Divs: BTC 209.90861297
Total Units: 16307
NAV/U: BTC 0.01287230
Period 22, Day 7 Report - October 17, 2014
Balance Post Divs: BTC 210.37356170
Total Units: 16255
NAV/U: BTC 0.01294208
Balance Post Divs: BTC 210.37356170
Total Units: 16255
NAV/U: BTC 0.01294208
Period 22, Day 6 Report - October 16, 2014
Balance Post Divs: BTC 211.54115835
Total Units: 16255
NAV/U: BTC 0.01301391
Balance Post Divs: BTC 211.54115835
Total Units: 16255
NAV/U: BTC 0.01301391
Period 22, Day 5 Report - October 15, 2014
Balance Post Divs: BTC 211.47258461
Total Units: 16164
NAV/U: BTC 0.01308293
Balance Post Divs: BTC 211.47258461
Total Units: 16164
NAV/U: BTC 0.01308293
Period 22, Day 4 Report - October 14, 2014
Balance Post Divs: BTC 212.10385742
Total Units: 16125
NAV/U: BTC 0.01315372
Balance Post Divs: BTC 212.10385742
Total Units: 16125
NAV/U: BTC 0.01315372
Period 22, Day 3 Report - October 13, 2014
Balance Post Divs: BTC 212.90892463
Total Units: 16099
NAV/U: BTC 0.01322497
Balance Post Divs: BTC 212.90892463
Total Units: 16099
NAV/U: BTC 0.01322497
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