Hello Everyone,
This dividend was indeed the last payout. I'd like to clarify some of the details.
Per share payout:
BTC 0.0076
Total payout (13595 shares):
BTC 103.322
The 18 Terraminers were sold for a total of
BTC 87.35140479. The rest of the dividend Garr paid symbolically for the Single SC's and GPU rigs since selling them is pretty much impossible.
so 100btc for 16 cointerra miners = ~$2,700 per terraminer! (assuming the bfl singles were set on fire because selling on ebay would be too hard)
The price is actually a pretty good deal. Please refer to the new price of the miners at the CoinTerra website. Compared to the purchase price the second hand sales seem low, but considering the current hardware market and difficulty bumps the price is very decent.
His first post here was attacking us so I'm not 100% sure MP is not one of the several 100 socks Garr has.
Not at all. I realised the one of the sentences came off as careless and corrected that the post after. I have no hostility towards anyone in this thread and am simply trying to make the best of a bad situation.
I feel sorry for those who lost.
As do I. As stated before this was the most advantageous path to take from here. We did our best to make this final payout as worthwhile as possible.
Presumably that was the final sell-off dividend that just came through. 0.00762344BTC/unit
Or about 31 times the average of the last two dividends.
This shows how selling now was the best strategy for the shareholders. Continuing CM somehow would not have lead to a better outcome.
Regards,
Mentor
Why the hell would you pay out the final payment as a dividend and not do a trade-stop or instead do a buy-back. Sorry to anyone who left bids up on this and got sold some worthless shares because the 'liquidation administrator clearly doesn't know the first thing about securities.
