The more i look at the chart the more its clear to me some one has made a private gpu miner and he dumps... Im thinking selling off my bag, im here since day one.
hm because of the dumping to 4.4k sat, or anything you can tell based on pool?
Well if i had a private miner i wouldn't go on a public pool, like you said "The price is nearly the lowest we got, no good to sell off.
" why we see some 7k, 4k, +++ dumps around minimum 1 btc every day. Thats about what a private miner would dump or 1xxx botnet/vpn... I realy think there is, because the way you designed xmg the price would rise not dump. We have very skilled miner dev around and i dont see why, any of those guys wouldn't spend many hours making a private miner and make 1btc a day.
Some other facts regarding mining:
https://chainz.cryptoid.info/xmg/#!extraction, there listed a portion unknown that is likely from our pool "pow.magipool.info". So basically we can figure out the "big miners" and how many coins gained by them, combining mining XMG per day:
http://xmg.makejar.com/xmg-per-day. It's unlikely that one mines a day and dumps giving rise to 1btc volume. We do have big mining yields in the past few days, but again looking at the mining status, it appears unlikely there is big hidden force which can gather most of the portions, while this is just my guess.
One thing I am sure, we need more miners to secure the network and we may need a few stable pools / P2Pool to avoid the accident pools down.
I haven't yet seen the down of our official pool yet:
https://pow.magipool.info which is managed by Historical (our team member); I recommend using this pool, as well as XMGpool.cf:
http://104.207.149.217/
