A few too many "in camera" sessions of knocking his head on the bottom of the magistrates desk has left Nolo dazzled and unable to think clearly. Why would you think this is a good idea?
Why wouldn't he want to do this? It allows him to buy ASICs at almost no risk. If the company he chooses doesn't deliver? No loss. Difficulty goes batshit crazy and the ASIC takes years to pay off? No worries, not his money. ASICs actually turn out to be pretty profitable and they pay themselves off in a half year? He gets a steady income stream without using his own money and only has to pay 10% of income.