Quote from: IntuitiveCoins on June 27, 2018, 08:55:15 PM

I'm looking up Bitmain, is this an ASIC company that mines Bitcoin? So they create the ASICs and use it themselves?

They do both. They're essentially the only (good) ASIC manufacturer for Bitcoin at the moment, and they also run mining farms and are involved with mining pools. A good chunk of their business revolve around Bitcoin, so there's no way they're going to harm Bitcoin by going for 51% of the hashrate. It has to be noted that 51% only makes attacks possible, not necessarily probable.

Either way, I'd say that throttling their hashrate output would still be a better business move than scaring away Bitcoin users. They probably deserve the negative image that most in the crypto world has of them, but they're still a business that aims to profit at the end of the day.