Glad you didn't loose too much too. At least it was just profit. I did find is suspicious that the miners could be relocated in a day. The LTC hash rate didn't decline as much as it should of during this "off time" too. That raised from red flags for me as-well
They're not relocated in a day. He said that today. They're not all back on line. A lot of hashing power is still at DC4. He said that today. They're trying to resolve the power issues but they need the lawyers to work it out.
I see how this could appear to all add up, but at the same time - you can't rule out that this is a complete fabrication. For all we know, his name is not really Marcelo Santos.
I'm half IN half OUT at the moment...
This.
The purpose of the electricity story is to reconfigure the ponzi payout structure as the further away from the top of the pyramid you get, the larger percentage of the btc paid in needs to be paid out to demonstrate that it is absolutely not a scam, no sir, not at all.
Extending the 'ROI' time means people who buy in order to 'mine' will wait much longer before withdrawing any of their 'profit' and people who can't be arsed to wait for their 'profit' will simply trade these 'KHS' on the site instead, which offers him the opportunity to manipulate the market to his own gain.
Again, no proof of miners=no miners.
I would suggest you obtain about 3% of them like myself and wait until whales come in and price goes 100x.
