Adventures with Crypto

AMHash – Havelock pays out

Well, it’s been a while since any payouts happened at AM-Hash. The whole ludicrous FriedCat story (abduction / arrest / somehow missing along with complete mining farm) had seemed to die down.

The offer appeared for AM Hash holders to return their shares for a minimal buyback price of 0.0003 BTC each. Now these things cost me upwards of 0.0012 so it’s 25% or there abouts. Better than nothing, considering the bad players recently.

 

So I transferred my shares into the AMHashLC fund on Havelock ready for redemption.

Today is the day it began. Apparently, the plan is to issue 5 equal dividends  to holders of AMHashLC which should cover the 0.0003 per share. Todays dividend matches one fifth of my total liability Рso far so good.

havelock-dividends

Be aware that Havelock charge 0.001 for withdrawals, so if you don’t have a huge amount due to you, it might be best to save fees and cash out after 5 payments.