They would not have to set extortionate prices. They simply could auction off whatever supply they produce to the highest bidder. With a market as rife with… op

They would not have to set extortionate prices. They simply could auction off whatever supply they produce to the highest bidder. With a market as rife with… optimists as cryptocurrencies are, there's a good chance they could capture more than 100% of the profits. It seems to me that bitcoin mining should be about as purely economic a business as there is. It's not like their clients would not abolish the ASIC manufacturers as soon as their hardware is no longer cost effective.