Why do mining companies sell their miners? In other words, why would anyone honestly sell a money making machine?
I am interested in hearing a reasoning that I have not yet come across before.
Do not post if you are going to say that:
mining companies mine with the machines and sell old hardware for profit. (people exceed ROI on certain machines)
mining companies need pre-orders as start-up money for their company.
companies do not have space to run their miners.
just because...
they believe in the idea of having decentralized servers.
These are all good explanations but I want to hear from another angle.
The cost of powering and cooling miners does not scale linearly.
Electrical Services can either be at secondary voltage or primary voltage.
Secondary services are generally simple to setup since they are built to standards. These types of services are usually found in residential and light commercial installations.
Primary service are not so simple to setup since they are engineered. These types of services are usually found in heavy commercial and light industrial installations.
Heavy Industrial installations are usually served at transmission voltage which is a whole different matter.
In any event if you where going to find a space to mine your Bitcoin, which type of service would you think is the cheaper? A secondary service is cheaper by an order of magnitude sometimes 2 orders of magnitude depending on how many parties are involved.
So if I was building Bitcoin miners, there will be a point where I need to concentrate on either building Bitcoin miners OR building Bitcoin mining facilities.
Most Bitcoin miner manufacturers dabble in mining but stick to building miners because building Bitcoin mining facilities is a whole other industry.
You said it in very nice way!