Period 14, Day 13 Report - July 12, 2014
Balance Post Divs: BTC 309.19238648
Total Units: 11062
NAV/U: BTC 0.02795085
Right now, Difficulty is set to change in about six hours, ~7PM ET. The change is estimated to be 3% - 4%, below the ~6.5% required to generate excess capital to be paid out to SELL.
So, I will issue the report tomorrow at Noon, like normal, and the MINE dividend will change, but SELL will not be issued a dividend (barring some major increase in the next six hours).
Just wanted to make this clear so that there's no confusion tomorrow.
Topic: [Havelock] Bitcoin Difficulty Derivative (BDD) - page 63. (Read 290235 times)
Period 14, Day 12 Report - July 11, 2014
Balance Post Divs: BTC 310.51526054
Total Units: 11051
NAV/U: BTC 0.02809838
Balance Post Divs: BTC 310.51526054
Total Units: 11051
NAV/U: BTC 0.02809838
Period 14, Day 11 Report - July 10, 2014
Balance Post Divs: BTC 333.28269355
Total Units: 11815
NAV/U: BTC 0.02820843
Balance Post Divs: BTC 333.28269355
Total Units: 11815
NAV/U: BTC 0.02820843
Period 14, Day 10 Report - July 9, 2014
Balance Post Divs: BTC 332.76309008
Total Units: 11739
NAV/U: BTC 0.02834680
This a great time to bring up jjdub7's comment from this past week - there is a minimum increase required in the Difficulty for a SELL dividend to be paid. Right now, the Difficulty increase percentage for this period has been hovering around 5% - 6%, below the ~6.5% required for any SELL dividend to be paid.
Difficulty looks like it will change Saturday afternoon, so the report would be issued on Sunday.
For those of you that don't have one yet, my favorite site for tacking the Difficulty is https://bitcoinwisdom.com/bitcoin/difficulty
No problem - yes, this is a constant figure for any Period, not any specific one. It just has to do with the number of daily dividend payments made versus the number of days in the period.
Each day pays out 1 out of 200 Days worth of the dividend Reserve. 1 / 200 = .005 (or .5%).
13 Days of dividends = 13 * .5% = 6.5%. This seems to be the mathematical 'sweet spot' - just shy of 14 days, which is of course the 'Standard' Difficulty period time period (no increase/no decrease).
So, if you're paying out .5% per day, the difficulty needs to increase by at least .5% per day, otherwise the Reserve is decreasing faster than difficulty is increasing. Hope this helps-
Balance Post Divs: BTC 332.76309008
Total Units: 11739
NAV/U: BTC 0.02834680
This a great time to bring up jjdub7's comment from this past week - there is a minimum increase required in the Difficulty for a SELL dividend to be paid. Right now, the Difficulty increase percentage for this period has been hovering around 5% - 6%, below the ~6.5% required for any SELL dividend to be paid.
Difficulty looks like it will change Saturday afternoon, so the report would be issued on Sunday.
For those of you that don't have one yet, my favorite site for tacking the Difficulty is https://bitcoinwisdom.com/bitcoin/difficulty
2070 - if I remember correctly, there was a minimum difficulty bump in order for SELL to be paid. It was around 6.5% the last time the topic was covered. Is this a constant minimum percentage inherent to your model or does it change as we move between rounds? Thanks as always, man.
No problem - yes, this is a constant figure for any Period, not any specific one. It just has to do with the number of daily dividend payments made versus the number of days in the period.
Each day pays out 1 out of 200 Days worth of the dividend Reserve. 1 / 200 = .005 (or .5%).
13 Days of dividends = 13 * .5% = 6.5%. This seems to be the mathematical 'sweet spot' - just shy of 14 days, which is of course the 'Standard' Difficulty period time period (no increase/no decrease).
So, if you're paying out .5% per day, the difficulty needs to increase by at least .5% per day, otherwise the Reserve is decreasing faster than difficulty is increasing. Hope this helps-
Period 14, Day 9 Report - July 8, 2014
Balance Post Divs: BTC 333.88640415
Total Units: 11718
NAV/U: BTC 0.02849346
Dividend was paid and Auto-EXCH is back up, so I'll be reposting the EXCH ask in just a minute. The four shares purchased after noon were not exchanged before the dividends were paid, and the other four were actually purchased yesterday, so no adjustment needed.
Balance Post Divs: BTC 333.88640415
Total Units: 11718
NAV/U: BTC 0.02849346
Dividend was paid and Auto-EXCH is back up, so I'll be reposting the EXCH ask in just a minute. The four shares purchased after noon were not exchanged before the dividends were paid, and the other four were actually purchased yesterday, so no adjustment needed.
I just now got paid the dividends on B.MINE 
Dividends were scheduled like normal for today; I'm just now able to log in (as I believe everyone else is as well finally).
I'm guessing the dividend script was taken offline, so dividends should hopefully be paid soon for today.
There were eight shares purchased today after noon which shouldn't receive the dividend but will; I'll cover these extra dividends out of my pocket.
I've removed the EXCH ask until the dividends are paid.
I'm guessing the dividend script was taken offline, so dividends should hopefully be paid soon for today.
There were eight shares purchased today after noon which shouldn't receive the dividend but will; I'll cover these extra dividends out of my pocket.
I've removed the EXCH ask until the dividends are paid.
I teamviewed onto another computer and could login. I also did not receive a dividend today from the B.Mine even though it has been announced. Anyone get a dividend today?
I also did not get a dividend payment from B.MINE today 7/8/2014.
I teamviewed onto another computer and could login. I also did not receive a dividend today from the B.Mine even though it has been announced. Anyone get a dividend today?
Should be back up shortly.
Anyone else having issues logging onto Havelock Investments? I am getting a CSRF Failure Error, I have contacted them about this but only got a "We are working on this issue. We will notify you when we have it resolved." email back.
Hi, im trying to withdraw and i get this message:
Failed to withdraw Bitcoins. Site Operators have been notified of the issue.
Invalid Bitcoin address
I tried with other addresses and its the same.
Thanks!
Juan
Failed to withdraw Bitcoins. Site Operators have been notified of the issue.
Invalid Bitcoin address
I tried with other addresses and its the same.
Thanks!
Juan
Period 14, Day 8 Report - July 7, 2014
Balance Post Divs: BTC 335.51790152
Total Units: 11714
NAV/U: BTC 0.02864247
Balance Post Divs: BTC 335.51790152
Total Units: 11714
NAV/U: BTC 0.02864247
Period 14, Day 7 Report - July 6, 2014
Balance Post Divs: BTC 335.70506531
Total Units: 11662
NAV/U: BTC 0.02878623
Balance Post Divs: BTC 335.70506531
Total Units: 11662
NAV/U: BTC 0.02878623
Double-day combo report due to traveling this weekend. Happy 4th to my fellow US speculators, Happy Birthday America, Go Dawgs 
Period 14, Day 5 Report - July 4, 2014
Balance Post Divs: BTC 333.10066808
Total Units: 11460
NAV/U: BTC 0.02906637
Period 14, Day 6 Report - July 5, 2014
Balance Post Divs: BTC 334.32040775
Total Units: 11558
NAV/U: BTC 0.02892545
Period 14, Day 5 Report - July 4, 2014
Balance Post Divs: BTC 333.10066808
Total Units: 11460
NAV/U: BTC 0.02906637
Period 14, Day 6 Report - July 5, 2014
Balance Post Divs: BTC 334.32040775
Total Units: 11558
NAV/U: BTC 0.02892545
Period 14, Day 4 Report - July 3, 2014
Balance Post Divs: BTC 331.98658776
Total Units: 11366
NAV/U: BTC 0.02920874
Balance Post Divs: BTC 331.98658776
Total Units: 11366
NAV/U: BTC 0.02920874
2070 - if I remember correctly, there was a minimum difficulty bump in order for SELL to be paid. It was around 6.5% the last time the topic was covered. Is this a constant minimum percentage inherent to your model or does it change as we move between rounds? Thanks as always, man.
No problem - yes, this is a constant figure for any Period, not any specific one. It just has to do with the number of daily dividend payments made versus the number of days in the period.
Each day pays out 1 out of 200 Days worth of the dividend Reserve. 1 / 200 = .005 (or .5%).
13 Days of dividends = 13 * .5% = 6.5%. This seems to be the mathematical 'sweet spot' - just shy of 14 days, which is of course the 'Standard' Difficulty period time period (no increase/no decrease).
So, if you're paying out .5% per day, the difficulty needs to increase by at least .5% per day, otherwise the Reserve is decreasing faster than difficulty is increasing. Hope this helps-
Period 14, Day 3 Report - July 2, 2014
Balance Post Divs: BTC 327.73035979
Total Units: 11168
NAV/U: BTC 0.02934548
I'll be traveling for the holiday weekend (July 4th in the US), so posts will probably come later in the day than normal. Dividends are prescheduled, so there shouldn't be any issue there.
Balance Post Divs: BTC 327.73035979
Total Units: 11168
NAV/U: BTC 0.02934548
I'll be traveling for the holiday weekend (July 4th in the US), so posts will probably come later in the day than normal. Dividends are prescheduled, so there shouldn't be any issue there.
2070 - if I remember correctly, there was a minimum difficulty bump in order for SELL to be paid. It was around 6.5% the last time the topic was covered. Is this a constant minimum percentage inherent to your model or does it change as we move between rounds? Thanks as always, man.
Period 14, Day 3 Report - July 2, 2014
Balance Post Divs: BTC 327.73035979
Total Units: 11168
NAV/U: BTC 0.02934548
I'll be traveling for the holiday weekend (July 4th in the US), so posts will probably come later in the day than normal. Dividends are prescheduled, so there shouldn't be any issue there.
Balance Post Divs: BTC 327.73035979
Total Units: 11168
NAV/U: BTC 0.02934548
I'll be traveling for the holiday weekend (July 4th in the US), so posts will probably come later in the day than normal. Dividends are prescheduled, so there shouldn't be any issue there.
maybe the last difficulty jump was the deathblow for a bunch of older farms and they're being shut down
although asic "burn in" is probably more likely, the incentive is there to jack up the difficulty and suck up all the early adopter advantage before shipping
although asic "burn in" is probably more likely, the incentive is there to jack up the difficulty and suck up all the early adopter advantage before shipping
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