Replies to post #35843 on Microelectronics Technology Co. (fka MELY)

[RHJ~BT]

People stopped talking about the amount of BTC MELY found because they are finding very small amounts now since about 70 of their miners are mining on their own pool and 30ish are mining on another pool. The 30ish are the only ones that are producing revenue. MELY received about 20 BTC when they received their first block found on MELY. However, it looks like they decided to do something else with it rather than transfer it to the company wallet.

So another words MELY's efforts in its pool are so far worthless. What they did with the 20btc who knows looks like it was split and sent to 4 different accounts none being the companies wallet.

The only miners earning money are the 30ish and they are earning a small amount you can check how much they earn here http://blockexplorer.com/address/1YEQqLxpgwYyJE8na1Rg4h4LnETRKJrq1

What MELY should do since they are so "transparent" is come out with a detailed explanation of which wallets they are using and where their BTC is going. We can track everything through block chains.