Bitcoin Forum

It's a conflict of interest for companies to both sell and mine. Which companies don't do this?

A business is solely there to make money. It wouldn't make sense to not mine.  Perfect business model really:

Get a free loan to develop ASIC hardware
Mine like crazy.
Ship products as late enough not to get sued.
re-invest money for second-gen
repeat.

They use the chip-buyers chips to keep their production line running to build units for private buyers/or their own mining farm and then chip buyers get screwed with massive delays.

Yeah but if someone did just mass produce chips and mass produce mining rigs to put them in all those companies that wasted time and effort and money building mining farms could maybe all have been royally screwed because if someone seriously churned out mining rigs really really fast they could have turned over a small markup over and over and over again while driving up difficulty so fast that only home miners heating their houses in winter and heating their linen closets year round and such, with no employees and no extra space rented specially to house rigs, could hope to profit...

Basically if you seriously churn out rigs, mining as a commercial entrprise would be a sucker's game and the company that saw that ahead of time and went full out just "selling shovels" without getting into the "sucker's game" themselves could maybe have really "cleaned up".

-MarkM-

Currently, AMD don't mine with their chips as their objective is mainly in vision. AMD did not think about it as AMD thought about the Parallelism but accidentally found by programmers, programmers expands the usages so AMD keep making something like this for better Watt-to-hash.

ASICMiner uses shares to do big before they release some equipment to expend the distribution. Although it is bit old, before big supplier release their big arrays, ASICMiner is currently trusted.

Kncminer is questionable. Still trustful as Kncminer's objective is working together so these people know how to do instead of Avalon.