Replies to post #55566 on Microelectronics Technology Co. (fka MELY)

[towerclimber92]

What I know there are several costs to run a mining pool, you need to develop the platform, you need a rock solid network of nodes, you need to hire qualified people and qualified auditors, and all that costs money that is a fact, some miners still believe a pool may work with no fee or other way to generate revenues and that is simply not possible, I do not see yet any pool that seriously invests any money in order to be transparent, most of them are not even incorporated no directors, no phone, no address nothing, large investors require reliable pools that will guarantee the transparency of all the process. Others may share our vision but we are several steps ahead because we have been working with a team of developers for several months under the radar, designing a completely new solution that meets the requirements of small and large miners, with a network of nodes globally and a system that does not have a single point of failure all is redundant and developed in layers what let us be sure we will not have security breaches and we have the most advanced and efficient pool infraestructure, and because we trust in what we say we are adding a 1 PH+ of power in few days of our internal mining capacity and will expand it aggressively during the 2015.

Lets hope that they were not full of s*** when they wrote this article, as if they have really been 'working under the radar' all this time - and they suddenly state that they have '70 megawatts worth of mining equipment up and running' this could move VERY fast.


imo