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Topic: Whats in it for ASIC guys to sell? - page 2. (Read 2978 times)

legendary
Activity: 3878
Merit: 1193
October 28, 2012, 08:43:06 PM
#3
if I have access to ASIC, why wouldn't I just mine all the bitcoins myself than sell the hardware?
Risk. Mining may or may not turn out to be profitable. Selling the hardware the risk is minimal, especially when you can get customers to pre-order for months in advance while you sit on the money and have nothing to ship them.
legendary
Activity: 1876
Merit: 1000
October 28, 2012, 08:22:31 PM
#2
if I have access to ASIC, why wouldn't I just mine all the bitcoins myself than sell the hardware?

in the gold rush of the old west...  the hardware stores that sold the shovels and pans are who made the most money!
member
Activity: 79
Merit: 10
October 28, 2012, 07:41:51 PM
#1
if I have access to ASIC, why wouldn't I just mine all the bitcoins myself than sell the hardware?
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