Category: Accounts

Website Cryptocurrency Mining

March 2018 Accounts

March accounts are live. It’s been a tough month as our holdings in ETH/BTC took a big hit from the market downturn. Although the price of Bitcoin is still above what it was this time last year, market sentiment is nothing like what it was in December and the value to USD has dropped significantly…
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April 7, 2018 0

February 2018 Accounts

The February accounts have been completed. Details below. We have also started accruing for end of year accountancy fees. This was something that we haven’t been invoiced for yet but do need to budget for. The figure $1,134 covers the accounts auditing for the last seven months, from next month we will be including this…
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March 6, 2018 0

January 2018 Accounts

Cryptocurrency markets have been hit quite hard over the last month or so which has affected our holdings in BTC/ETH. The accounts are compiled to USD so movement in the cryptocurrency markets will affect our balance sheet and monthly P&L. Another thing to note is that our financial year is not January to December so…
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February 8, 2018 0

December 2017 Accounts

A couple of things to note with this months accounts. The total income from the previous pre-ICO funding round was slightly higher than we estimated in last months accounts. This was due to the increase in Bitcoin/Ethereum prices before the year end. The prices have dropped back slightly again now and this will be reflected…
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January 11, 2018 0

November 2017 Accounts

Most people viewing this post will want to find out how the funding round went. This finished on December 4th so some of the data isn’t in the November accounts. Therefore before we get in to the main accounts for November we have produced an estimated position for the end of the year which includes…
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December 6, 2017 0

October 2017 Accounts

Key points from this months accounts: Just under $10,000 invested in JSE tokens Server costs increased due to higher volumes and data transfer costs Advertising costs stable   Management accounts (all figures USD)   Income Report   Year to date   $ $       Income     Token Crowdsale     USD  …
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November 7, 2017 0

September 2017 Accounts

As part of our efforts to act transparently we will be publishing monthly accounts. Below you can see our P&L and balance sheet for September 2017. Key points Over $22,079 USD raised from pre-ICO investors Advertising costs are Facebook ads Server costs are higher than expected due to data transfer fees   Profit and Loss…
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October 9, 2017 0