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I do agree to the majority if not all of it, however, what you seem to be missing is the fact that mining is treated as a "
very short business valued in FIAT".
It is safe to assume that at least 95% of miners do it for profit and not for the love of bitcoin, the proof is, they shut their mining gears the minute they become unprofitable FIAT wise.
This alone should give you a good idea of why 95% of miners wouldn't listen to you in the first place. Now let me dig a little deeper into the "very short business valued in FIAT"
You see the thing with crypto mining, in general, is that the calculations are done very short term, in most cases, it's merely a period of 6 months on average, in other words, every mining purchase decision they make is valid for that short period of time, your theory is 100% valid if these businesses were to run over longer periods of years or decades, in that case, one would really feel that they are indirectly competing against themselves when buying from Bitmain.
These business "
cycles" being too short due to the nature of mining gears' efficiency and the instability of
BTC value in FIAT, the power bills are paid in FIAT and not in bitcoin, the "If I don't do it, someone else will" theory and the fact that most miners don't CARE about bitcoin price next year because all that matters is how fast they return their investment, all of these factors makes everything you just said pretty meaningless to them.
Even altcoin diversity is viewed as an advantage rather than the opposite, as far as FIAT profitability is concerned, the more alts the more profit, if for whatever reason Bitcoin fails they get to mine another coin.
So let's just assume 'hypothetically' the miners are greedy businessmen who want to make more $$ and don't give a damn about bitcoin, shouldn't you be blaming everyone else who doesn't mine bitcoin but owns it? in other words, shouldn't bitcoin hodlers be doing something about it rather than telling miners not to purchase bitmain gears?
A person X who pretends to love the technology, cares about its future and sees the wrongdoings of miners, they should at worst case scenario buy a non-bitmain gear and mine bitcoin even if they had to pay more for the power bill, so this phrase here
As a HODLer who gets hit in the wallet by the destructive market effects of fork-attacks against Bitcoin, I do not understand why many other people don’t seem to care about the value of their own money. Please. Be more selfish. It’s good for Bitcoin, and good for you.
You are asking miners to
sacrifice profit for the good of their and your bitcoin, in the long run, we know that sacrificing profit for bitcoin is equal to spending money on bitcoin, why don't you suggest that everyone who owns bitcoin should mine at a loss using a non-bitmain gear to protect the value of their money and thus protecting bitcoin?
if everybody who claims to care about bitcoin was to sacrifice a very little portion of the
BTC ""which sitting in their wallets doing nothing" bought a small miner from a bitmain competitor, then bitmain gears wouldn't make up 10% of the total hash rate, but almost nobody does that, nobody is willing to give today to receive next year, and when they try to spend bitcoin they would pay the LOWEST fees they can, I have yet to see a person who sends bitcoin with higher fees when not required to just to support those miners who are sacrificing profit by not buying from bitmain, so now tell me, how do you expect miners to do all of this for you when you aren't doing anything? i find it lame that non-miners expect miners to leave money on the table for them when they are not willing to pay an extra sat per byte for miners.
favebook brought up a very valid argument which you seem to underestimate, allow me to make a better one on his behalf, or rather reconstruct in a (funny/lame) way.
nullius, since you are an owner of bitcoin and your duty, is to protect it just as much as its mine, pay me the price difference between Bitmain and Microbt gears and I will stop buying from Bitmain.
or in worst-case scenario.
nullius, please pay more fees for your transactions and stop paying the lowest you can so that mining profitability becomes reasonable enough for me to buy from another mining gears manufacturer.
If you can't do that, you shouldn't be expecting him to leave money on the table, sacrifice is a two way street.
On a side note: all the "yous" are not directly pointed to nullius, it's just a representation of a miner speaking to a Hodler, nothing personal whatsoever, and I am by no means encouraging anyone to buy from Bitmain, in fact, if you have the choice and you can afford it you should always avoid Bitmain.
mine all went away when btc crested 10k a while ago. but let's see if we can both dodge the tariff! lol. 