[ANN] The N.E.W.S. Asset launch



  • @JotaJota said in [ANN] The N.E.W.S. Asset launch:

    @jervis just to be sure. This week the payout is the ETH mining?

    ETH and Burst mining. They're always a couple. They cannot be divorced. :)



  • @jervis Thanks for the info!



  • @LithStud said in [ANN] The N.E.W.S. Asset launch:

    i do mine but at the moment only 54GB so pretty much nothing :D waiting to get myself 4TB HDD.
    And yes i know about surfbar, but i am not a fan of those things (i would need to setup some kind of VM or smth) as i use my own pc for all the stuff :)

    And sorry jervis we kinda gone offtopic here :D

    No worries. This is a place for shareholders/non-shareholders (hoping they will be one day) to post whatever they want. I just post the news about NEWS here for the shareholders and upcoming shareholders information. :) And i post at least 3 times a week. So, people are updated what's new and what's hot about NEWS Asset. Any other posts by people are welcome :)



  • NEWS Team needs your thought...

    Hi guys!

    'Tis it's a season gambling here in the forum, I'm thinking WHY DON'T WE REACTIVATE OUR LOTTERY ONCE AGAIN?

    New rules.

    • Instead of lucky 2 numbers, we'll change to PICK 4 LUCKY numbers!
    • 500X winning pot. (100 burst betted will win you 50,000 burst) <<----- Is that a fair amount?
    • Weekly draw (every Saturday) using http://www.californialotterylive.com/ Daily 4 results. (Should we go daily instead? What do you think?)
    • Prize pot goes up by 70% from bets garnered when no winner is proclaimed. So, as long as there's no winners, the prize POT goes higher and higher! <------ The winner could rack out millions if bets keep pouring in and until the winner is proclaimed.

    DISCLAIMER: This lottery will take it's funding from our Crowdfuning wallet :)

    Tell us your thoughts about it? I would love to hear your thoughts on this guys! I am all ears. :D

    NEWS Asset Team



  • HELL YEA



  • @jervis I'm ready to bet !



  • Daily lottery with cheap bets I think is a good one. I don't have the courage to bet 100 Burst, but the idea is very cool.



  • @JotaJota said in [ANN] The N.E.W.S. Asset launch:

    Daily lottery with cheap bets I think is a good one. I don't have the courage to bet 100 Burst, but the idea is very cool.

    I'm still thinking what should i do about the lottery :)



  • D-DAY ANNOUNCEMENT (October 22, 2016):

    Tonight at approximately 6:00 PM EST will be the 7th Payout of NEWS. This week's payout will include ETH and Burst mining only.

    But before I go sending the payouts, I just want to update you on what we have done so far with our GPU miners set up. Again, I'm an idiot with cameras so please be nice. :) Enjoy!

    Cable management is a must.

    Come on work it! How many GPU's can you spot there?

    Someone's peeking from the inside. :D

    This is supposed to be a bird's eye view of the rig. But, the one inside is not seen anywhere. Newb photograper XD

    I hope I made your morning sun shinier today, smiles getting wider, and coffees more enjoyable to drink. I love giving good NEWS in the morning, especially Satuday morning. It's a very small thing but brings more energy and positivity for Saturday night parties!

    Happy Bursting Everyone!

    Through everyone's endeavor, WE will grow TOGETHER!

    NEWS Asset Team



  • @jervis that's awesome man. I really enjoy this news and pics.



  • @JotaJota thanks. Hard drives are coming next week (hopefully). We (NEWS) have to keep on progressing to be competitive all the time. :)



  • Just waiting the payout, to buy more NEWS asset :D



  • D-Day October 22, 2016

    Hello Bursters! (NEWS Shareholders):

    NEWS has just sent out its DIVIDENDS for the week. The payout for tonight is comprised of the ETH and BURST mining income ONLY.

    TOTAL SHARES SOLD: 53,995 NEWS
    TOTAL DIVIDEND PAID: 95,033.04 Burst
    REINVESTED: 42, 236.91 Burst
    ASSETS DISTRIBUTED (REINVESTMENT): 71 NEWS Shares (currently has 350 NEWS shares awaiting 4th week's distribution)

    You can find the distribution data for documentation here:
    http://pastebin.com/y9GfisRj

    I have (also) coded it here:

    NEWS (5892347315238085011) Total found assets: 2000000, Assets to be distributed: 54531
    Summary of proposed distribution of  17493.38BURST to 55
    Based on asset holders at timestamp 69452443 (Sat, 06 Feb 2016 08:20:43 GMT)
    ----------------------
    Number of assets, Account, Payout amount
    20000, BURST-QJPB-7464-5E5B-5NFHJ, 6415.93955732
    14232, BURST-AFL7-4XNU-5Y3T-5VKN3, 4565.58258899
    10000, BURST-6UVY-U3JU-SYH6-AWRZ3, 3207.96977866
    2009, BURST-F98T-FFT8-CWT2-3XJCZ, 644.48112853
    1020, BURST-WT7J-2LPQ-ALRU-CGLUH, 327.21291742
    1004, BURST-DR8J-F5NF-B923-CKTR8, 322.08016578
    1000, BURST-G8DL-CEHW-RZ5S-2SJU8, 320.79697787
    792, BURST-BRUQ-MY7L-UTL3-FH3AX, 254.07120647
    502, BURST-2CYU-BZCC-5J3J-33CG8, 161.04008289
    502, BURST-647W-748F-SW24-BEH5E, 161.04008289
    502, BURST-ACGB-YGHQ-G9ZL-5XD7U, 161.04008289
    456, BURST-GGPX-PP5S-LAGP-CBGCU, 146.28342191
    300, BURST-2JGY-A5ZQ-SRN8-2N4DZ, 96.23909336
    280, BURST-9RYZ-XFWF-LW34-B5FBC, 89.8231538
    250, BURST-8Q7P-TYJT-HV3E-BGZWS, 80.19924447
    201, BURST-4EJ2-QWR4-EBQT-EW8BM, 64.48019255
    171, BURST-LU3K-L8T7-3C66-63W5K, 54.85628322
    112, BURST-JXMT-H4D6-YAFU-FBN7C, 35.92926152
    111, BURST-HE6X-AA5F-63N2-9GQBN, 35.60846454
    100, BURST-44TR-NMQT-AN95-8T44J, 32.07969779
    100, BURST-NV6W-M49T-9H4Y-8ZE26, 32.07969779
    100, BURST-X7JB-G8M6-YKKC-CEG2M, 32.07969779
    100, BURST-ZUQM-5TLY-BZKS-7BUBE, 32.07969779
    100, BURST-BBAQ-GF7D-Z6LX-3U7B6, 32.07969779
    100, BURST-8YW5-KWLD-2LV2-CQX84, 32.07969779
    93, BURST-7KP4-JFNX-84J3-DSYK9, 29.83411894
    60, BURST-R7BP-7668-XM5Z-BBV4Q, 19.24781867
    54, BURST-EPPV-AH4Q-6DYC-5VSQK, 17.3230368
    50, BURST-K7TR-R8FB-7MH4-7GWKQ, 16.03984889
    32, BURST-K8HT-WUR5-CWP9-B8QZT, 10.26550329
    20, BURST-BDMK-Z6ZF-7YP6-2ED96, 6.41593956
    20, BURST-NTZE-9NJG-KKT8-AMY6Q, 6.41593956
    20, BURST-QU2G-RTSJ-A79E-CLP3B, 6.41593956
    19, BURST-SSSU-EGR5-5XZ9-AY68F, 6.09514258
    17, BURST-SFA3-GSYW-G7CG-2EYWR, 5.45354862
    15, BURST-RV35-TKL7-WRSQ-DVWJ7, 4.81195467
    13, BURST-N2BP-WPSP-8JLY-FXEH6, 4.17036071
    8, BURST-GCS2-8DA6-66JK-ACUX5, 2.56637582
    8, BURST-ES5N-MTPD-F4RD-A5B5A, 2.56637582
    8, BURST-PADB-DEG8-5TTQ-7D2XL, 2.56637582
    8, BURST-YDZE-BTHA-QP7P-9U7XP, 2.56637582
    7, BURST-P36X-53Y6-S5BC-6HPQC, 2.24557885
    6, BURST-VT64-4JAD-E8GX-BEK69, 1.92478187
    6, BURST-GQRU-NN6X-CCPE-4SSLL, 1.92478187
    5, BURST-ZZY9-VG2W-5UHR-HNCUL, 1.60398489
    4, BURST-F2SQ-BMZH-NK9Q-754B6, 1.28318791
    3, BURST-VBXH-W7DS-TQPX-6WLDD, 0.96239093
    2, BURST-B4UJ-PJFR-YV9W-FVDC9, 0.64159396
    2, BURST-G9R7-D3VS-FV3T-F7L7Z, 0.64159396
    2, BURST-M8VS-5UE2-WBNX-5CD2W, 0.64159396
    1, BURST-VVB9-3EFF-99EC-HUUJN, 0.32079698
    1, BURST-3R78-G289-WMMB-ES3YS, 0.32079698
    1, BURST-8P3Q-7AQT-L9VK-53LKT, 0.32079698
    1, BURST-V5BV-49PZ-BK42-8V7CM, 0.32079698
    1, BURST-8KQ4-HZXN-UFB8-32H2J, 0.32079698
    
    Amount paid, Account, TX
    6415.93955732, BURST-QJPB-7464-5E5B-5NFHJ, 5628401751246218467
    4565.58258899, BURST-AFL7-4XNU-5Y3T-5VKN3, 4622799852025661400
    3207.96977866, BURST-6UVY-U3JU-SYH6-AWRZ3, 7016923400792714824
    644.48112853, BURST-F98T-FFT8-CWT2-3XJCZ, 6665755515189053063
    327.21291742, BURST-WT7J-2LPQ-ALRU-CGLUH, 4008176349868007565
    322.08016578, BURST-DR8J-F5NF-B923-CKTR8, 15184495147574894837
    320.79697787, BURST-G8DL-CEHW-RZ5S-2SJU8, 4763734452851783563
    254.07120647, BURST-BRUQ-MY7L-UTL3-FH3AX, 5974160559337423933
    161.04008289, BURST-2CYU-BZCC-5J3J-33CG8, 34709019634562564
    161.04008289, BURST-647W-748F-SW24-BEH5E, 17717040498961533949
    161.04008289, BURST-ACGB-YGHQ-G9ZL-5XD7U, 3589779185751115559
    146.28342191, BURST-GGPX-PP5S-LAGP-CBGCU, 6929333733789266304
    96.23909336, BURST-2JGY-A5ZQ-SRN8-2N4DZ, 11148072761308395838
    89.8231538, BURST-9RYZ-XFWF-LW34-B5FBC, 13941274215241896213
    80.19924447, BURST-8Q7P-TYJT-HV3E-BGZWS, 15596503326390437073
    64.48019255, BURST-4EJ2-QWR4-EBQT-EW8BM, 11852174638994804933
    54.85628322, BURST-LU3K-L8T7-3C66-63W5K, 14674218104712269774
    35.92926152, BURST-JXMT-H4D6-YAFU-FBN7C, 5352733121260859236
    35.60846454, BURST-HE6X-AA5F-63N2-9GQBN, 17120999519724750224
    32.07969779, BURST-44TR-NMQT-AN95-8T44J, 3214399421009906689
    32.07969779, BURST-NV6W-M49T-9H4Y-8ZE26, 5793145729076537535
    32.07969779, BURST-X7JB-G8M6-YKKC-CEG2M, 7000289387918154392
    32.07969779, BURST-ZUQM-5TLY-BZKS-7BUBE, 15595726203646865875
    32.07969779, BURST-BBAQ-GF7D-Z6LX-3U7B6, 15256884211974511417
    32.07969779, BURST-8YW5-KWLD-2LV2-CQX84, 11118804595638656310
    29.83411894, BURST-7KP4-JFNX-84J3-DSYK9, 9766192506429935124
    19.24781867, BURST-R7BP-7668-XM5Z-BBV4Q, 4160251347901725048
    17.3230368, BURST-EPPV-AH4Q-6DYC-5VSQK, 4333544111111463463
    16.03984889, BURST-K7TR-R8FB-7MH4-7GWKQ, 15891622027510886331
    10.26550329, BURST-K8HT-WUR5-CWP9-B8QZT, 15054324025253787047
    6.41593956, BURST-BDMK-Z6ZF-7YP6-2ED96, 14463352233868923459
    6.41593956, BURST-NTZE-9NJG-KKT8-AMY6Q, 16156617621616738485
    6.41593956, BURST-QU2G-RTSJ-A79E-CLP3B, 11005154339038567978
    6.09514258, BURST-SSSU-EGR5-5XZ9-AY68F, 17361467485374931070
    5.45354862, BURST-SFA3-GSYW-G7CG-2EYWR, 13699394667121761706
    4.81195467, BURST-RV35-TKL7-WRSQ-DVWJ7, 7815188035808380416
    4.17036071, BURST-N2BP-WPSP-8JLY-FXEH6, 8154224906896841695
    2.56637582, BURST-GCS2-8DA6-66JK-ACUX5, 12772997767026447720
    2.56637582, BURST-ES5N-MTPD-F4RD-A5B5A, 8627965114166115983
    2.56637582, BURST-PADB-DEG8-5TTQ-7D2XL, 3337740290868983130
    2.56637582, BURST-YDZE-BTHA-QP7P-9U7XP, 12010452040209833469
    2.24557885, BURST-P36X-53Y6-S5BC-6HPQC, 15317413800899993114
    1.92478187, BURST-VT64-4JAD-E8GX-BEK69, 16523087728056372740
    1.92478187, BURST-GQRU-NN6X-CCPE-4SSLL, 12884119219138441415
    1.60398489, BURST-ZZY9-VG2W-5UHR-HNCUL, 11603748537925319628
    1.28318791, BURST-F2SQ-BMZH-NK9Q-754B6, 14322305480420027760
    0.96239093, BURST-VBXH-W7DS-TQPX-6WLDD, 8626441981199779039
    0.64159396, BURST-B4UJ-PJFR-YV9W-FVDC9, 8881285904357561638
    0.64159396, BURST-G9R7-D3VS-FV3T-F7L7Z, 15813554723626507702
    0.64159396, BURST-M8VS-5UE2-WBNX-5CD2W, 343628491586821473
    0.32079698, BURST-VVB9-3EFF-99EC-HUUJN, 6540476880390922050
    0.32079698, BURST-3R78-G289-WMMB-ES3YS, 16045509968240092411
    0.32079698, BURST-8P3Q-7AQT-L9VK-53LKT, 14377240901334587958
    0.32079698, BURST-V5BV-49PZ-BK42-8V7CM, 4585999438367527078
    0.32079698, BURST-8KQ4-HZXN-UFB8-32H2J, 715882052969642186
    ------------All transactions processed------------
    

    0_1477176065883_Screenshot_1.png

    0_1477176087854_Screenshot_3.png

    Our DIVIDEND percentage is 1.59% this week. The dividend payout only comprise of the Mining components of NEWS Asset. If you look at the dividiend history graph (black), the trend is as expected.

    Next week's DIVIDENDS will comprise of ALL COMPONENTS of NEWS Asset. Based on our dividend history graph, it's the HIGHEST paying week last month. There's a high probability that it might as well be for October.

    Have a great weekend Bursters!

    Thank you for your TRUST and CONFIDENCE in NEWS.

    Happy Bursting Everyone!

    Through everyone's endevour, WE will grow TOGETHER!

    NEWS Asset Team



  • @jervis thanks for the payout! :D

    I'm a bit dumb and I don't get how the payout is distributed. Like the guy who own 10k shares got 3207 Burst. I quite don't get this with the 1.59% that you wrote over there.

    Can you try to explain me this? lol


  • admin

    @JotaJota 17,493 Burst were distributed to holders of 54,531 assets. So each asset holder got 0.3207 Burst per asset they held. So someone with 10,000 assets got 3,207 burst.



  • @haitch Yeah! I got this Haitch. I just don't get the 1.59% over there. A friend made a question here, and I saw that I didnt get that lol



  • @JotaJota Please refer to the documentation on the OP. Each components have their own set of percentages to distribute the 100 Burst per asset. ETH mining has 22%. Burst mining has 14.69%. All of which were voted or polled before the launch of the Asset. Shareholders of the earliest stage of NEWS voted for it. The result is also there in OP as a document. Everyone can look through it.

    Adding both ETH and Burst components, we have 19785.4494 NEWS assets or 1,978,544.94 burst equivalent.

    NET dividend paid is 31, 488.08 burst divided by 1,978.544.94 equals 0.0159 x 100% = 1.59%.

    NEWS is paying different components in different weeks. Next week, NEWS will pay all components so it's expected to be the highest of the month. :) Please refer to the graphs and documentations for more information :)

    Please note: 40% of the NET dividend is reinvested and DISTRIBUTED to the shareholders each month as NEWS Asset shares.

    NEWS is modeling its terms into a corporate level business. We intend to have a high roll of asset valuation for long term and not short term view.

    Thank you.

    NEWS Asset Team



  • @jervis Thanks jervis! Now I see it clearly :D



  • The NEWS Asset Inventory and Valuation:

    Hi Bursters! (NEWS Asset Shareholders)

    Since this week is the Grand Payout Week for NEWS Asset, we have made an inventory and valuation of the asset to have a look and be transparent with you on how much we've gained or lost during NEWS Asset's launch.

    The documentation can be found here: https://docs.google.com/spreadsheets/d/1kstUJHMAKPVtPCWAJjQnpFdo62QAAAHIF4n9zpKIB5I/edit?usp=sharing

    The N.E.W.S. Asset has gained 63.08% over the course of its history (which is roughly 2 months). The current shareholders' total investment is 5,508,500 Burst. NEWS Asset's current liquidation Inventory Value is 8,983,344.335 Burst.

    In this NEWS report, we are stating facts. It's up to you to speculate the real value of NEWS if it's a loser or a gainer and at which price point should it have currently and in the future. :)

    Your investments are moving in a nice pace. If you want to compare the sales documentation with the inventory and valuation inventory, here is the link for the sales docs: https://docs.google.com/spreadsheets/d/1Jyc7EYN1tqBOrG2DQot4_O9y4lGZuyTy8TQdBdgFGy0/edit?usp=sharing

    REMINDERS:

    • NEWS Asset distributes dividends in Burst weekly.
    • The Asset is separated into 4 components (Numerous asset management, ETH mining, Widespread trading, Burst mining).
    • Each week, different components are paid, thus the dividends are fluctuating. There are high points and low points.
    • NEWS reinvests 40% of the NET Dividends payable, and they are distributed in the form of NEWS Asset shares once a month (4th week payouts)
    • Why you are given NEWS Shares rather than just plain Burst? It was voted by the earliest shareholders that 40% is reinvested to the program prior to the release of this Asset. It is designed to increase the shareholder's income (not just dividends but also in free market) as time passes by. Thus, we released the counter token of NEWS Asset shares so that you, shareholders, have proof of reinvestments and not just plain words. Please refer to this link and look at the number 4 on the image: https://forums.burst-team.us/topic/1249/ann-pre-launch-of-n-e-w-s/11

    Again, thank you for your TRUST and CONFIDENCE with NEWS Asset.

    Happy Bursting Everyone!

    Through everyone's endevour, WE will grow TOGETHER!

    NEWS Asset Team

    HELPFUL LINKS:
    CLICK HERE FOR: The N.E.W.S. Asset Inventory and Valuation
    CLICK HERE FOR: The N.E.W.S. Asset Documentation
    CLICK HERE FOR: The N.E.W.S. Asset Sales and Data



  • And our ETHERIUM miner is now in full working mode. We end up using 2 machines in the end. 5 GPUs (RX 480) in good working condition :)

    Here is the mining link in real time: http://ethermine.org/miners/b51877880D0892864144284713fDf0CB847EA11C

    Happy Bursting!

    NEWS Asset Team


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