Quote from: frlvoleg on June 18, 2018, 07:13:21 AM

Bitmain's CEO, Jihan Wu, categorically denies the recent accusations of "hidden mining," on new models of manufactured equipment, before mass sales began. But he notes that interested persons in the market can be.

Wu made this statement during an interview with Fortune, refuting rumors and reports that after the development of integrated circuits (ASICs) for specific applications of the new hash algorithm, Bitmain secretly works with these devices for several months before the sales start for all comers.

"No, it never was, we have a small test, we do not do it, it's not our strategy," Wu said.

Earlier in the spring, suspicions were expressed that the Chinese firm privately used its equipment before the release, which is apparently due to the fact that Monero's anonymous crypto currency held a hard drive to change the Cryptonight development algorithm and prevent the use of new ASIC Cryptonight from Bitmain. Following the fork, a significant portion of the capacity continued to produce the old chain, and consensus among observers was that most of this hash came from ASIC to Bitmain Cryptonight, which had not yet been shipped to customers.

However, Wu said that Bitmain does not have the time, resources or incentives for "shadow mining" crypto currency.

"There is a group of people who have been controlling a lot of Monero hashing for a long time." I would say that developing this kind of ASIC is not the secret workshop that only Bitmain has, many can do. Bitmain, and especially me, I do not even have the time, the attention or the resources to have plans for it.If we develop hardware, we just release and sell it on the market. Right after we work with test machines, we start sale to the market. courage ".

source: https://bizlim.com/crypto/news/bitmain-doesnt-have-a-secret-crypto-mining-operation-jihan-wu.html

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I will certainly be grateful for the Merit
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Honestly at this point why would they need to. They can create a miner for a couple hundred$. Sell it to us at batch one for 10k then a week later batch two at 6k then batch three and four go for 3k then 1.5k. You get the picture. If they can sell it for 10k less not more than a month later then Id say they have comsumers right where they want them. No need to mine before hand. But we all know they do:). Poor wittle bitmain going on PR run before they release their ipo I suppose. They better get to spending that 4 billion they duped from customers last year. Its gonna take most of it. Then again why bother. Why not just Quietly craw back into the hole whence they came.

BR