We are pleased to announce that our old Zeus Contracts, and Halley Contracts that were migrated over to OXBTC.com are now producing again! This is a great return for investors, and for Bitcoin Miners who are finally seeing these inactive mines come to life again. It couldn’t come at a better time as everyone is trying to get as much bitcoin as they can, and this little extra dose will work wonders for increasing our position in the short-term.
While these payouts will likely go inactive in a couple weeks when the miners face the problem of less rewards, we are still going to keep an eye on them. Here is the STATS from when they were laying dormant and came back on and are currently gaining momentum. As a result, we are looking to increase our short-term investments into the mining sector, and possibly work to selling some of these older contracts closer to the reward halving deadline without losing too many days of profit in the process. The Bitcoin price is going to have a lot to do with how these payouts and rewards are achieved in the coming weeks as it is going to have to increase drastically to maintain any sort of momentum.
The Mines woke back up around the end of May and have started producing again, making for the end of the month dividend projected between .24 – .32 depending on pricing and production. Give the current production, we would expect to achieve another .2 next month, however, as mentioned previously some of the contracts will require funds to convert to newer machines, and some of the funds will be used to maintain continuity and latest technology so our contracts continue to produce as best as possible over the long term. We have been sitting on these dead contracts for months without activity, so we definitely plan to convert these to a newer Terahash Contract, or possibly a 1-year MHS ETH Contract.
Buy your own mining shares at oxbtc.com
Buy the STATS diversified mining stock at Alcurex.com (ticker: stats)