Quote from: MiningBuddy on August 23, 2012, 09:16:54 PM

Quote from: BobbyJo on August 23, 2012, 08:40:09 PM

It appears so and it also appears that he is using GPU Max coins to start to pay back his investors!

Any proof to that? Roll Eyes

nope, people just like to make shit up... Roll Eyes

Quote from: makomk on August 22, 2012, 09:17:54 PM

In this case, it's actually easy to confirm that Shadow383 is correct - it's GPUMAX. I should really have googled the address myself:

Quote from: pirateat40 on June 21, 2012, 04:50:11 PM

The following address is managed by GPUMAX.

1PSf86KnLuzM7Ris5kDhTEZwooR3p2iyfV

Sorry it wasn't more interesting. Sad

-pirate

Quote from: Shadow383 on August 22, 2012, 08:15:53 PM

Quote from: BTC-engineer on August 22, 2012, 07:52:13 PM

Quote from: makomk on August 22, 2012, 07:24:54 PM

Quote from: Roland68 on August 22, 2012, 06:15:34 PM

It looks like coins are coming back !

Apparently using freshly-generated coins too in some cases, e.g. this payment http://blockchain.info/tx-index/16885882/c2d0742df8df67c0507fd270b3c262f8a0118ba3a9b91357c83a04d952d0a32d - very interesting.

Edit: not just freshly-generated coins that weren't mined by any pool that blockchain.info is aware of, but ones that were mined with a very unusual 47.5 BTC / 2.5 BTC split in the coinbase payout, which means custom software.

Edit 2: and yep, that entire payment comes from coinbase transactions paid to http://blockchain.info/address/1PSf86KnLuzM7Ris5kDhTEZwooR3p2iyfV - which represents 5+% percent of the total Bitcoin hashpower right now at a quick estimate. I have a bad feeling about this.

For me it looks like he bought this coins directly from a large miner, which makes sense to me.

It's GPUMAX.
There was a thread about this some time ago, when GPUMAX hashing power was being directed to a private pool, with 47.5BTC going to some other address for every block.
At the time, Pirate said that this private pool would be "part of the business model" of GPUMAX.