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Re: Billy777 post# 57691

Wednesday, 05/24/2017 1:16:55 PM

Wednesday, May 24, 2017 1:16:55 PM

Post# of 57991
MELY was hashing large amounts of energy in their data center in Eastern Washington. They had created a publicly opened bitcoin mining pool where we investors or anyone could independently connect and mine for bitcoins but give a percentage. MELY felt they were going to recover over 23 bitcoins per day and become the biggest American miner, that's what they were selling 2-3 years ago. But they didn't get many to participate early on and prices were much lower than now. But they promised they would be fully audited and transparent but haven't updated in over 1 year (except a FB post claiming they're working towards getting current and updated). But in last news they announced that they wouldn't go forward BTC Pool Party publicly opened but they didn't say they were going out of business. At the time, they decided mining bitcoins in a public pool was going to cost too much in energy with estimates of bills in $60,000+ monthly range but then bitcoin prices aren't what they are now and last we heard they were scaling back and looking for a new home and data-center. But the company never said they were going to stop mining for bitcoins or fold up and leave the bitcoin industry. This is a .0001/0002 gamble that can potentially wake towards pennies.

https://www.cryptocoinsnews.com/btc-pool-party-new-transparently-audited-publicly-traded-us-bitcoin-mining-pool/

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