Post
Topic
Board Hardware
Re: Address with Avalon bulk chip payments now tops $8 million...
by
Ytterbium
on 16/08/2013, 16:30:51 UTC

I'm guessing whoever actually owns those addresses is getting priority access to chips though, ahead of other Avalon customers.


We got a quick-wit here fellas!  Cheesy j/k

That's exactly what I'm saying. And all indicators show "them" moving BTC back into Avalon addresses.

We see both the mining proceeds and the chip sales flow into the same address. But so far it's a 1-way flow.  It could be a dividend payment to one of the members of bitsyncom, it could be money flowing into the wallet of a major client.  There's no way to say whether or not the wallet is "inside" or "outside" of bitsyncom.

But, if Bitsyncom still controls all those btc, how did they pay to produce the chips? I find it kind of doubtful that someone actually lent them millions of dollars.