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If mining is profitable at all, why wouldn't a manufacturer of ASICs or GPUs run its own mining operation?
by patpending 9y ago
If mining is profitable at all, why wouldn't a manufacturer of ASICs or GPUs run its own mining operation?
- literallycancer 9y agoPain in the ass to run. Competition will torch your facility if you don't spend enough money and effort on security. You're going to need your own power plant, etc. If you are the manufacturer, why not let the customer take the risk? You are planning and spending years ahead, why gamble more than you need on cryptocurrency price?
- abiox 9y agoi wouldn't be surprised if they do.
- Strom 9y agoFor the same reason why shovel manufacturers don't dig their own gold. Why take the risk of uncertainty that comes with the whole mining operation?