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[signup292]

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[phelix]

Probably no one has a clue, but an interesting consolidation just shot up the #1 richest address to freakin 2.8 million NMC. The #1 used to be like 200,000 NMC. Just an interesting observation. Maybe one of the mining pools doing some consolidation. Or probably BTC-e.

bitinfocharts.com/top-100-richest-namecoin-addresses.html

I'd like to know, too. Has somebody inquired with BTC-e yet?

[georgem]

Just someone consolidating all his 10k and 100k addresses into a big one...

Probably for narcissistic reasons?

http://bitinfocharts.com/namecoin/addre ... HzS3Qg3nNz

[cassini]

This address received money from addresses like N3VQL7mZvSNL1WWoiJUnNp9TkpREnY9YhJ and NEQT4zo19ReCTsGXxhiqX9oFU2TkfVwWY2 that are the destinations of hundreds of newly generated 50.00000000 NMC blocks within a short period of time each. Therefore it is very likely they all belong to a big merged-mining pool. Ghash.io springs to mind.
Some miners at that pool have provided an NMC address, but the majority of the miners don't bother, and their hashing power turns into NMCs for free for that pool operator.

Probably for narcissistic reasons?

I think they just did it for easy handling of one single cold wallet address.

[signup292]

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[phelix]

This address received money from addresses like N3VQL7mZvSNL1WWoiJUnNp9TkpREnY9YhJ and NEQT4zo19ReCTsGXxhiqX9oFU2TkfVwWY2 that are the destinations of hundreds of newly generated 50.00000000 NMC blocks within a short period of time each. Therefore it is very likely they all belong to a big merged-mining pool. Ghash.io springs to mind.
Some miners at that pool have provided an NMC address, but the majority of the miners don't bother, and their hashing power turns into NMCs for free for that pool operator.

Maybe BTCGuild? I think they have been mining NMC for a much longer time.

Anyway I don't like it.

[e234679]

A worse case scenario, whoever's address it is ends up like mtgox, but I doubt it. A best case scenario, a major investor cut a deal with early adopters, and actually purchased it. Sounds like the most likely is that its just a consolidation into a secure address by a pool or exchange.

[phelix]

This address received money from addresses like N3VQL7mZvSNL1WWoiJUnNp9TkpREnY9YhJ and NEQT4zo19ReCTsGXxhiqX9oFU2TkfVwWY2 that are the destinations of hundreds of newly generated 50.00000000 NMC blocks within a short period of time each. Therefore it is very likely they all belong to a big merged-mining pool. Ghash.io springs to mind.
Some miners at that pool have provided an NMC address, but the majority of the miners don't bother, and their hashing power turns into NMCs for free for that pool operator.

It might also be possible pool operators use BTC-e as their wallet...

[biolizard89]

hopefully this helps discount the myth that 90% of NMC are held by like 40 people just sitting on their NMC doing nothing waiting for others to create value in them

I'm not following... how is this related?

[phelix]

Address was emptied...

http://bitinfocharts.com/namecoin/addre ... HzS3Qg3nNz


btw: bitinfocharts is pretty cool