How do you generate profits to pay these dividends?
Hi, ByteEMini is based on 1000 shares of ByteEnt
I created to this mini version to be more affordable for most coin holders.
ByteEnt profits are mostly from the popular BurstCoin pool Burst.Ninja
Asset #1 ByteEnt
Asset Name – ByteEnt
Total number available – 1,000,000 (10,000 equals 1% of the Team’s Projects)
Initial release amount – 6.7% (67 000 ByteEnt)
HardInvest transfer: 3.3%
Next Release Scheduled for – (to be decided)
Initial Release Price – 15 BURST (price will go up on next release, you get a bonus for joining early!)
Asset Number (ID)– 1800253871016293364
Asset Description – The asset ByteEnt will be an overall accumulation of the entire pool fee from both ByteEnterprises’ owned pools (minus operating costs. Hosting.) As well as mining power both in the forms of hard drives mining burst, and also possibly some ASIC power as well. Seeing as ASIC miners are not really making that much right now, we have yet to decide if we will include ASIC mining in this asset. But the asset will be backed with mining power. Initially, we will only release 10% of the asset, the rest of the asset payout will be going back into the team for future development (see current development projects below.)
The Rollover from HardInvest (one of the first assets we released, before giving ourselves the name ByteEnterprises.) – This asset has not been paying out for a while because we have been planning moving it into the new asset we’re releasing now. However, there has still been a miner running on the HardInvest account (although there were issues, and it may not have mined as much as it should due to some downtime, unavoidable.) Because of this, we have decided to give the people who put BURST into HardInvest, shares of ByteEnt. This will provide income once again from the asset, and it will make sure that the people who were awesome enough to provide support to us at the very beginning, start getting more out of their supporting contributions. The way it will work is this… There are 10 ByteEnt in 1 HardInvest, and seeing as HardInvest was 100 burst initially, this means early supporters are getting ByteEnt for 10 BURST as opposed to 15, a great deal for people who get in early! The HardInvest asset will be doing a payout BEFORE switching over to ByteEnt.
