It isn't about the money for Josh, but do you think someone like KNC, with their recent track record, gives a crap about GAW, Gridseed, or Zeus customers? Lots of great businesses go under because they aren't willing to play the game - or worded differently, the seedy businesses often survive because they'll gut everyone else to make an extra nickel on every dollar or because they know in a war of attrition (business
) you can wait out your competitor. I don't doubt the motivation of Josh at this point, but just because he has high minded ideas about how to make things better it doesn't mean others won't try to flood the market for cheap profit.
And I hate to continue to demonize the Chinese in this. I know some lovely Chinese people who hate the way business is done in most of Asia. The problem is that if you release HasherX at 10MH for $100, OtherFirmB can release the SlasherX at 10MH for $50. At that point, are people buying the HasherX or the SlasherX? What about when SlasherX cuts prices to $35 on the heels of HasherX dropping to $75? How much margin can a domestic company drop to and still compete while ensuring they are paying salaries, paying for workspace, paying healthcare (go USA!
), etc.?
The problem with the Chinese is that you can always find someone in there who'll work for "a bowl of rice", so they can cut on labor cost as they please.
GAW doesn't really have to fight the cheap Chinese manufacture, they can upgrade the existing ones, write their own software and win the race
KNC will give a crap about GAW --> I'll say it again: It prevents china or KNC from USING THE TECH before releasing it (ensuring fair mining by all) and preventing the selling of used miners advertised as new at top dollar - gaw's goal! Not 100% sure if KNC sells 'used' equipment, but things suggest it and as a fact: KNC is mining (with titans?). If Gaw is able to eradicate the "Gseed company types" of the world, it's worth every penny spent, even if GAW fails as a company, it will still be known in history what was tried to be acheived and someone else will perfect where Gaw failed. It won't matter if China can hire someone for a bowl of rice at that point. besides, that's just unskilled laborers doing the assembly, not the minds working to develop and if GAW can get people smarter than those chinese minds who are being rushed, game, set, match.
Addition: Think government tech. always leaps and bounds, veiled in secrecy. Imagine if the "emergency room" in the white house was to mine with the massive computing power? pentahashes, petahashes, whatever. That's how GAW needs to think.
Being outlandish here: make the unit unopenable and if it is somehow opened, internals are destroyed in the process. have a self destruct mechanism in the unit to burn up the main components if tried to open to dissect to replicate or some kind of software delete.