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Title: What's stopping BFL from ruling the mining market? Post by: ovoon7 on August 21, 2012, 03:34:58 AM If BFL can produce so many groundbreaking machines, why wouldn't they just run them all and dominate the mining field altogether? Is there something that would prevent this from happening? Or is it simply more profitable to sell so many to so many people for so cheap? I suppose a competitor would come along eventually... but still, they could make a ton of money that way.
Title: Re: What's stopping BFL from ruling the mining market? Post by: Graet on August 21, 2012, 03:46:03 AM If BFL can produce so many groundbreaking machines, why wouldn't they just run them all and dominate the mining field altogether? they needed someone to pay for them and the development needed - Bitcoiners did this in a non reversible cryptocurrency :) Is there something that would prevent this from happening? no Or is it simply more profitable to sell so many to so many people for so cheap? hopefully I suppose a competitor would come along eventually... but still, they could make a ton of money that way. indeedmore than one person is concerned at the amount of hashpower paid for by Bitcoiners that BFL will have in the days leading up to 1st shipment. They could in theory drive difficulty up and make a mint on coins. If they have enough stock they could potentially 51% the network - all paid for willingly, nay eagerly by Bitcoiners :) this is the subject of much speculation, these are my opinions and differ from many other peoples on this forum :) hope thats a help though :) Graet |