It's not the hardware they are selling. It is the business model of growing a gigantic and centralized solo mining operation with a focus on removing independent miners from the equation. It's a terrible disease that is spreading faster than people wanted.
People keep asking for hosting services.. AM provides the same thing for their shareholders.
This. It doesn't matter whether AM solo mines or uses a pool - they give back ALL of the profits to the shareholders who chose and continue to choose to believe in them.
I'm not going to go into a long defense of AM because it's not the purpose of this thread. I will just say that there are many of us in the community who do not agree that AM is harming BTC or BTC mining as a whole. It would be wise to not bash them since they are the undisputed gold standard for execution when it comes to ASIC hardware production. Vote with your dollars by purchasing other hardware and leave it at that. AM has no intrinsic advantage over any other company and therefore competition will come, hopefully in the form of several companies. As an example, personally I think that AMC (ASIC Mining Cooperative) is a bit of a joke, BUT I sincerely hope they succeed in making hardware so that we'll have choice.
Every time someone brings up some subjective, unsubstantiated opinion about someone's greed, we're going to go down this path. Let's avoid it, OK?