SGMC Update [23 Jan 2014]

USD Rate @ USD$948
Current Difficulty 1,789,546,951
Current SGD (In-hand) $2,894.90
Current USD (Exchange) $0.19
Current SGD (Exchange) $0.00
Current BTC (Wallet) 9.22707724
Current BTC (Pool) 0.00
BTC on Exchanges 2.20
Invested BTC on cex.io 2
Estimated Assets SGD$ $18,678.93
Updated : 23 Jan 14 @ 4.26pm

As many of you should know by now, the Jupiter unit was sold away recently to a fellow miner in Singapore for 9 BTC.  Let’s wish the new owner a profitable future with our hardworking unit.

As such, we are no longer in the mining business save for the 40GH left at https://cex.io.  Our current holdings are shown above and there isn’t any new mining hardware out there now or in the near future that will at least ROI and thus, I think it is better off holding whatever we have now and/or trading.

Some of the guys have taken to other Alt-coins such as DOGE, MOON & LOT which have been fairly well received on the Alt-exchanges.  Some of us have even made a tidy profit by buying in with BTC and getting out when the prices of the Alt-coin went up.  It is something worth looking into but with a higher risk but higher rewards if the bet is well-made.

A few folks in the venture are also itching to “cash out” now and based on the table above.  Per-share cash out now will include the following :

SGD$93.38 & 0.43313152 BTC PER share

Interested parties who want to cash out now for CNY as well as hold some BTC for trading fun, please let me know.

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