Phase #2 - Batch #1 - Week #11
We have had a relatively good week earning approx. 350 Hive to use towards the buybacks this week and we are now within closing distance of only 777 HBT remaining to be purchased from Batch #1. We completed our buyback on Monday 9th Feb 2021.
Week #11 Stats
Hive for buyback = 350 (approx)
HBT tokens bought back and burned = 288.7
HBT remaining to be bought back and burned = 777
Funds in off-site staking account = >$375 (more than)
Important Update
We have an important update to the Hivebuilder project. We have unfortunately had 2 of our 4 earning methods come to an end, since Feb 2021 one of our bots will no longer continue to work. This will leave us without approx. 30 to 35 Hive per day and was probably our strongest earning bot by far. As a result we have taken the decision to delay our next sale of tokens until we have our new method of earning fully set up and working.
On this note we are planning to start a small GPU mining rig which will be expanded through the HBT program. Unfortunately due to covid-19 the stocks for the hardware is increasingly harder to find, it's out of stock literally everywhere including the manufacturers! This means we are going to have to wait until we can start mining and thus Hivebuilder will be on hold for the next month or so while we acquire our mining rig.
We will buy back all HBT on the market now at up to 1.2x Hive price and we will complete our next buyback on Monday 16th Feb 2021.
Don't worry, we are not going anywhere and things will resume as normal as soon as they can! We'll continue to provide 20% profits on our HBT token moving forward, so stay tuned for updates!