HiDevin? {ANN}

[kolture_klash]

@HiDevin I think drives now are worth more that assets for now. Lets use the reinvestment to buy more drives. As things stands now the profit from drive seems more that most assets can pay.

[HiDevin]

i've decided to go with
85% dividends
10% reinvestment to drives
5% fee

because I see drives being more profitable in the future than assets atm

edit: im changing my mind
85% dividends
15% reinvestment to drives
0% fee

[falconCoin]

@HiDevin looks good

i plan on doing similar, reinvestment is a good idea, good job

[HiDevin]

here's the dividends. :p

HiDevin (8094717548345959327) Total found assets: 1000000, Assets to be distributed: 33729.3
Summary of proposed distribution of  62BURST to 22
Based on asset holders at timestamp 89494190 (Sun, 25 Sep 2016 07:29:50 GMT)
----------------------
Number of assets, Account, Payout amount
12000, BURST-JJ7A-8EH8-NW9D-3A4G6, 22.05797333
10496, BURST-GM6S-4S2E-YFFY-DA6NN, 19.29337401
3000, BURST-4G8L-Q6ME-KM5M-43W4L, 5.51449333
2451.3, BURST-CA3W-MHL8-U4PE-5TT8K, 4.5058925
2433, BURST-DMJR-NVB4-RRRG-9MFEZ, 4.47225409
1000, BURST-LNEU-GE3V-DWPU-44L3E, 1.83816444
879, BURST-5QCS-RZJK-RD6F-FPJ6G, 1.61574655
510, BURST-WKZ8-K7CG-XAV7-9TTAS, 0.93746387
249, BURST-8L9F-X5H3-RTVG-BYKBM, 0.45770295
240, BURST-Q8K4-J6AS-RY6X-7N529, 0.44115947
200, BURST-DVHJ-DMAT-QXVU-HU5RK, 0.36763289
100, BURST-KYYQ-D2CU-JFMG-H9G7B, 0.18381644
63, BURST-VX6R-BJXQ-XNPL-G2SGG, 0.11580436
40, BURST-L47J-TKLH-7D4N-HC7UF, 0.07352658
32, BURST-F4SJ-K8TA-YLEA-59V9C, 0.05882126
18, BURST-4JCK-SG4K-XDBV-53YU7, 0.03308696
10, BURST-MVNH-5M3W-DUJC-DBGB7, 0.01838164
4, BURST-23T9-DRRQ-4YTA-EBV44, 0.00735266
1, BURST-NVLT-VHB4-LJLY-HCXRR, 0.00183816
1, BURST-USNH-DUG5-YYTW-EXPKA, 0.00183816
1, BURST-82J9-MGRS-4WJY-6942D, 0.00183816
1, BURST-TUV4-NYRQ-88UX-AQDWY, 0.00183816

enjoy! the rest have been sent to polo, and i updated my previous post, as im not taking a fee anymore.

[HiDevin]

Also, will be adding my gpu miner ( edit:nicehash mining )
it's not going to be 24/7 its kind of a donation by me, to get the drives faster cheers!

Wanna check it out?: https://www.nicehash.com/index.jsp?utm_source=NHM&p=miners&addr=18LaVdDWskKQBJdBgWXGzZL2hXbRuCZ6qQ
*hasn't found a share yet, but sooner or later it will!

[cashgold]

@HiDevin nice job ,

[HiDevin]

plotting the last 1.5 tb from two drives, then will start mining with eth with GPU
and cpu mine BURST.

[HiDevin]

Asking for another opinion?
since last payout, from mining 118 BURST was made, about 20% of it is gone, due to fees,

since the network transaction fee is 1 BURST, so I was thinking to do this every other day or weekly?

This will cut down on fees, I have to send, I mean like I don't mind sending daily dividends, it don't phase me, but like it cuts out on most of the profit we could have got, like that extra 22 BURST that went to transaction fees, tell me if you want daily dividends still down below or if you don't.

[falconCoin]

@HiDevin see you should have stayed at our pool @darindarin hit two more blocks since you left :p

[HiDevin]

@falconCoin I don't mind about that, im just asking for people's opinion because mining daily is taking a toll on how much fees im dishing out

[falconCoin]

@HiDevin i know but you left us cause you didnt get paid daily...

But heck even weekly would be less fees and more BURST in every bodies wallet

[HiDevin]

@falconCoin but some people would rather see a constant payout and would rather get daily, because they get their funds faster, so i'm going to take people's vote on this.

[HiDevin]

Let's see ( current holders ) ( 22 )

each day I pay 22 BURST in fees
In 1 week, I'm paying 154 BURST in fees,

that's 2.40$ ( current market price ) im throwing away each week, that could be given to investors for dividends and investing into more drives

The reason i'm asking you guys, is because most people would like to see a daily payout rather than a weekly payout where they have to wait.

[kolture_klash]

@HiDevin Weekly payouts would save on fees but I personally think daily payouts should continue till until the 100k sale is over for some reasons anyway.

[HiDevin]

in the process of optimzing drives/ while mining, TB will stay the same :p

[haitch]

@HiDevin I'd go with weekly payouts - having sending fees eating 20% of the dividend is really high.

[HiDevin]

As we got a 53 BURST payout today, and I didn't want to spend 50% of the profits on fees, here's how its going to work.
For now, ( until we sell out all our shares ), and buy the drives, ill keep dividends like this
85% dividends
15% reinvestment to drives

We are releasing payouts weekly now, ( every Monday ) *not including this monday

Reasons: To save out on fees, as our asset gets bigger, fees are starting to be a hassle with our dividends.
( 20-50% of our dividends are spent on fees. ) you know fees, I didn't think it would catch up with us, this fast :P

anyways that's all I got to say, Next payout is on monday, cheers!

[HiDevin]

Hi :) NW, I didn't forgot, I have to go to a " prom " today too, so here it is!

HiDevin (8094717548345959327) Total found assets: 1000000, Assets to be distributed: 34197.8
Summary of proposed distribution of  532.45BURST to 25
Based on asset holders at timestamp 90177699 (Mon, 03 Oct 2016 05:21:39 GMT)
----------------------
Number of assets, Account, Payout amount
12000, BURST-7BM7-XDNG-5EEH-EYQLV, 186.83658013
10496, BURST-GM6S-4S2E-YFFY-DA6NN, 163.41972875
3000, BURST-4G8L-Q6ME-KM5M-43W4L, 46.70914503
2696.8, BURST-CA3W-MHL8-U4PE-5TT8K, 41.98840744
2433, BURST-8ER9-7KW5-MS4P-CUJAR, 37.88111662
1000, BURST-LNEU-GE3V-DWPU-44L3E, 15.56971501
879, BURST-5QCS-RZJK-RD6F-FPJ6G, 13.68577949
610, BURST-WKZ8-K7CG-XAV7-9TTAS, 9.49752616
290, BURST-Q8K4-J6AS-RY6X-7N529, 4.51521735
249, BURST-8L9F-X5H3-RTVG-BYKBM, 3.87685904
200, BURST-DVHJ-DMAT-QXVU-HU5RK, 3.113943
100, BURST-KYYQ-D2CU-JFMG-H9G7B, 1.5569715
99, BURST-9TNU-6JTB-U7NT-HVARN, 1.54140179
63, BURST-VX6R-BJXQ-XNPL-G2SGG, 0.98089205
32, BURST-F4SJ-K8TA-YLEA-59V9C, 0.49823088
18, BURST-4JCK-SG4K-XDBV-53YU7, 0.28025487
12, BURST-YCZP-KEA3-D2WP-CYDSP, 0.18683658
10, BURST-MVNH-5M3W-DUJC-DBGB7, 0.15569715
4, BURST-23T9-DRRQ-4YTA-EBV44, 0.06227886
1, BURST-QL8N-7SQX-HZD7-DY526, 0.01556972
1, BURST-H4AJ-KYUX-X6CK-2FJNA, 0.01556972
1, BURST-NVLT-VHB4-LJLY-HCXRR, 0.01556972
1, BURST-USNH-DUG5-YYTW-EXPKA, 0.01556972
1, BURST-82J9-MGRS-4WJY-6942D, 0.01556972
1, BURST-TUV4-NYRQ-88UX-AQDWY, 0.01556972

yay, 1.5% not much but I will send the rest of the balance to poloniex.

[Marc]

Being 14 year old kid just trying to fit in with 6+months on the phorum already isnt it birthday time soon, thus time to Change the sig to 15 year old kid just trying to fit in? Just asking :-) and best to you..

[HiDevin]

@Marc birthday time soon, yes, but that's in october ;)