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ATC Closing Statement

Signed statement below:

-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA512

Period Beginning Balance:
ATC: 2554993.193197
BTC: 13.37924150

Total Coins mined (all time): 651581.59001862
Incoming for mining: 0.44

During the last days of the mining contract there was a repeat of the
scenario described here:
http://trilema.com/2014/the-woes-of-altcoin-or-why-there-is-no-such-thing-as-cryptocurrencies/

Period End Balances:
BTC 14.76930845
ATC 141119.28469340

As a result of the continued problems of trying to sustain Altcoin with
mining that became apparent with the latest difficuty drop, the general
manager decided to close the ATC center and ATC liquidate holdings.
Remaining ATC are from mining after the liquidation, in which holdings
were sold into market orders until exhausted. This center is now closed.
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=itRc
-----END PGP SIGNATURE-----

Update:

-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA512

Period End Balances:
BTC 14.85930845
ATC 141119.28469340

The original closing statement missed 0.09 BTC which was left on X-BT as
Bids.
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This entry was posted on Friday, October 31st, 2014 at 7:01 p.m. and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

6 Responses to “ATC Closing Statement”

  1. thestringpuller says:
    October 31, 2014 at 7:50 p.m.

    And then there was really one. Poor MPIF. First Justcoin, then Panacea, now ATC. What is left BitBet and MPIF liquidity? I hope November starts with good news. One can only hope.

    Reply
  2. BingoBoingo says:
    November 1, 2014 at 11:37 a.m.

    Note the Update.

    Reply
  3. thestringpuller says:
    October 31, 2014 at 9:39 p.m.

    Wow, Just-Dice** I totally butchered that. It's been gone so long it is but a fleeting memory.

    Reply
  4. BingoBoingo says:
    November 1, 2014 at 11:38 a.m.

    Yeah. Time is rough.

    Reply
  5. Mircea Popescu says:
    November 4, 2014 at 12:47 p.m.

    Yeah, and it was a pretty decent service, too. The attacks on freedom, actually useful, actually independent services continue, the attempts to roll everything up into a govt controlled ball of shit continue.

    Reply
  6. BingoBoingo says:
    November 4, 2014 at 1:41 p.m.

    Deed links nao. Original Update

    Reply

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