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Author Topic: Postulation: ASIC mfg's sell their miners because  (Read 824 times)
vokain (OP)
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May 27, 2013, 10:55:33 AM
 #1

they stand to make more Bitcoin from the sale of the miners than mining BTC themselves.

Discuss the implications of buying miners vs using that capital to buy Bitcoins now.
grue
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May 27, 2013, 01:58:43 PM
 #2

they stand to make more Bitcoin from the sale of the miners than mining BTC themselves.
That's what they're already doing. ASICMINER is reselling their blades to help network decentralization and avalon is planning to start their own mining operation after batch 3.

It is pitch black. You are likely to be eaten by a grue.

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ebildude123
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May 27, 2013, 02:38:36 PM
 #3

Spreading around the hashrate, mostly.
rpg
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May 27, 2013, 02:50:37 PM
 #4

I suspect some are already under investigation by the FTC and attorney general of their state. The excuses are so poor that even a blind man can see what is going on.
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