[Havelock Investments] - Havelock Mining Fund (HMF) - page 5.

lunarboy

hero member

Activity: 544

Merit: 500

Quote from: nubbins on July 02, 2013, 07:57:20 AM

Quote from: lunarboy on July 02, 2013, 07:49:28 AM

I can't seem to find it written down anywhere. Can someone clarify how the other 50% is divided up?

See here: https://www.havelockinvestments.com/fund.php?symbol=HIM#ui-tabs-6

The management fees seem to have a wide variance month to month, and there have been a few months where the fund has operated as a loss, but pushed out a dividend anyway (May's income was -BTC236! due to blade purchases).

Truthfully, given all the screaming people have been doing about AM blades and ROI, I'm very curious to see what this fund is going to look like in a few months.

I did see that and the other monthly statements, I was just wondering if it was a set fee each month for management expenses?

amunrara

newbie

Activity: 30

Merit: 0

your website is down...what happened?

nubbins

legendary

Activity: 1554

Merit: 1009

Quote from: lunarboy on July 02, 2013, 07:49:28 AM

I can't seem to find it written down anywhere. Can someone clarify how the other 50% is divided up?

See here: https://www.havelockinvestments.com/fund.php?symbol=HIM#ui-tabs-6

The management fees seem to have a wide variance month to month, and there have been a few months where the fund has operated as a loss, but pushed out a dividend anyway (May's income was -BTC236! due to blade purchases).

Truthfully, given all the screaming people have been doing about AM blades and ROI, I'm very curious to see what this fund is going to look like in a few months.

lunarboy

hero member

Activity: 544

Merit: 500

from fund overview

Quote

Our dividend will be approximately 50% of total mining revenue, with the other half going towards expenses and reinvestment in new hardware. The eventual goal is to increase the dividend over time.

I can't seem to find it written down anywhere. Can someone clarify how the other 50% is divided up?

obviously expenses and reinvestment Tongue

but i'm trying to get a handle on 'expenses' that can be a rather broad term. Does the fund take a fixed % for this each month and is this the 'management fee' as included in the financial spreadsheet? (last month 05 seems to be approximately 10% management fee)

thanks

ArcticWolf

full member

Activity: 196

Merit: 100

Quote from: ?? on ??

Not only is this an ILLEGAL SCAM FUND but it is also an ILLEGAL AND SCAM EXCHANGE.

Where are your licenses? You must display them. THIS IS A SCAM AN ILLEGAL. You will be under arrest soon.

Im sure they are terrified of you, random person on the internet

lightbox

full member

Activity: 212

Merit: 100

Quote from: Choadzilla on June 22, 2013, 10:13:29 AM

shipping should start soon..

I know lightbox is excited

So excited. 3TH coming soon!

Choadzilla

newbie

Activity: 48

Merit: 0

shipping should start soon..

I know lightbox is excited

Zedster

full member

Activity: 182

Merit: 100

Quote from: lightbox on March 03, 2013, 05:32:55 PM

Quote from: Zedster on March 03, 2013, 10:02:58 AM

Is there a number to be had for the amount of hashing power purchased?

We have around 1.8TH on pre-order (30 BFL Singles)... with some of the pre-orders within the first few days of being available to order.

Cheers,
James

Thank you sir. Nice start. Then it's just a matter of BFL coming through.

lightbox

full member

Activity: 212

Merit: 100

Quote from: Zedster on March 03, 2013, 10:02:58 AM

Is there a number to be had for the amount of hashing power purchased?

We have around 1.8TH on pre-order (30 BFL Singles)... with some of the pre-orders within the first few days of being available to order.

Cheers,
James

Zedster

full member

Activity: 182

Merit: 100

Is there a number to be had for the amount of hashing power purchased?

Portnoy

legendary

Activity: 2030

Merit: 1000

My money; Our Bitcoin.

Quote from: Zedster on March 01, 2013, 01:43:51 PM

Quote from: Portnoy on March 01, 2013, 01:09:02 PM

Quote from: Zedster on March 01, 2013, 01:00:20 PM

I see you split your stock today. Making if affordable to the newb such as me again.

But what I can't seem to find is a purchase plan or orders for ASICs. And how the project is going?

Use the updates tab here.

From their Feb. 20th update:

Quote

Things are still chugging along, and we're happily mining away on our FPGAs -- With all the ASIC delays, the FPGA's have turned out to be much more profitable with a longer lifespan than we had originally anticipated. That said, with BFL shipping "soon" I wanted to assure everyone we are well positioned in their pre-order queue to receive a lot of hashing power very soon.

...

If you have any questions, please don't hesitate to contact us.

[email protected]
613-686-1661 x101

Yes I saw this I thought maybe there was something with more detail than "a lot of hashing power". I am member of another one of these types of "funds" and we are over 1 TH. I am looking to spread my investments over more than one opportunity and was looking for more specifics.

Zedster

full member

Activity: 182

Merit: 100

Quote from: Portnoy on March 01, 2013, 01:09:02 PM

Quote from: Zedster on March 01, 2013, 01:00:20 PM

I see you split your stock today. Making if affordable to the newb such as me again.

But what I can't seem to find is a purchase plan or orders for ASICs. And how the project is going?

Use the updates tab here.

From their Feb. 20th update:

Quote

Things are still chugging along, and we're happily mining away on our FPGAs -- With all the ASIC delays, the FPGA's have turned out to be much more profitable with a longer lifespan than we had originally anticipated. That said, with BFL shipping "soon" I wanted to assure everyone we are well positioned in their pre-order queue to receive a lot of hashing power very soon.

...

If you have any questions, please don't hesitate to contact us.

[email protected]
613-686-1661 x101

Yes I saw this I thought maybe there was something with more detail than "a lot of hashing power". I am member of another one of these types of "funds" and we are over 1 TH. I am looking to spread my investments over more than one opportunity and was looking for more specifics.

Portnoy

legendary

Activity: 2030

Merit: 1000

My money; Our Bitcoin.

Quote from: Zedster on March 01, 2013, 01:00:20 PM

I see you split your stock today. Making if affordable to the newb such as me again.

But what I can't seem to find is a purchase plan or orders for ASICs. And how the project is going?

Use the updates tab here.

From their Feb. 20th update:

Quote

Things are still chugging along, and we're happily mining away on our FPGAs -- With all the ASIC delays, the FPGA's have turned out to be much more profitable with a longer lifespan than we had originally anticipated. That said, with BFL shipping "soon" I wanted to assure everyone we are well positioned in their pre-order queue to receive a lot of hashing power very soon.

...

If you have any questions, please don't hesitate to contact us.

[email protected]
613-686-1661 x101

Zedster

full member

Activity: 182

Merit: 100

I see you split your stock today. Making if affordable to the newb such as me again.

But what I can't seem to find is a purchase plan or orders for ASICs. And how the project is going?

niko

hero member

Activity: 756

Merit: 501

There is more to Bitcoin than bitcoins.

Quote from: adamstgBit on February 08, 2013, 11:10:43 PM

Quote from: adamstgBit on February 08, 2013, 10:58:10 PM

I would like to ask you to write up a little update on the HIM fund
I'd be interested to know just how heavily invested in ASIC are you? BLF pre orders etc...
what would happen to HIM if BLF ran off with everyone's money?
Do you plan on selling more units when ASIC start to come in?
what's up with HIM in general?

thanks

reading past updates appears to answer my questions Tongue

so never mind...
Gr8 fund! i feel confident holding some bitcoin with HIM

The way I see it - HIM has been managed well for a while now, and is likely to stay ahead of the curve. The uncertainties related to ASIC suppliers are pretty much the same for all miners, except ASICMINER to some extent.

adamstgBit

legendary

Activity: 1904

Merit: 1037

Trusted Bitcoiner

Quote from: adamstgBit on February 08, 2013, 10:58:10 PM

I would like to ask you to write up a little update on the HIM fund
I'd be interested to know just how heavily invested in ASIC are you? BLF pre orders etc...
what would happen to HIM if BLF ran off with everyone's money?
Do you plan on selling more units when ASIC start to come in?
what's up with HIM in general?

thanks

reading past updates appears to answer my questions Tongue

so never mind...
Gr8 fund! i feel confident holding some bitcoin with HIM

adamstgBit

legendary

Activity: 1904

Merit: 1037

Trusted Bitcoiner

I would like to ask you to write up a little update on the HIM fund
I'd be interested to know just how heavily invested in ASIC are you? BLF pre orders etc...
what would happen to HIM if BLF ran off with everyone's money?
Do you plan on selling more units when ASIC start to come in?
what's up with HIM in general?

thanks

lightbox

full member

Activity: 212

Merit: 100

Quote from: molecular on January 06, 2013, 06:28:35 AM

is there a thread for feedback on havelockinvestment.com not regarding the mining fund?

No but that's a great idea, so yes now there is!

https://bitcointalksearch.org/topic/havelock-investments-exchange-feedbackcomments-135035

molecular

donator

Activity: 2772

Merit: 1019

is there a thread for feedback on havelockinvestment.com not regarding the mining fund?

niko

hero member

Activity: 756

Merit: 501

There is more to Bitcoin than bitcoins.

In case anyone missed it: ASICs are late, the block reward has halved, and so did the dividend for December... Perfect time for buying cheap units from panic sellers.
All this makes me wonder: what is a reasonable annual yield on an investment of this kind? They have a proven track record, business references, contact information, monthly reports, etc. Are bitcoin would-be investors spoiled? Or is 9% or 13% APY really bad for a low-risk, but still risky investment?

Topic: [Havelock Investments] - Havelock Mining Fund (HMF) - page 5. (Read 19445 times)