Please explain how cryptx can make a profit on this operation unless A) they are shareholders themselves, B) overcharge hosting costs or C) overcharge hardware costs.
all of the above already applies, yet it's still entirely possible for all shareholders turn a profit and means they have direct incentive to care for progression of PETA project rather than a private competing mine
Again, this is where the lack of knowledge comes in. For someone who knows how businesses operate you can answer your own questions with ease and likely be close to the truth.
Businesses setup parent/subsidiary relationships all the time, and they sell or rent equipment or services to/from each other.
In cryptx/petamines case, its feasible for cryptx to sell the hardware to petamine at a small markup. As I have posted before, cryptx has incentive to not overcharge petamine per ghs because they will limit the amount of growth and therefore profit that can happen.
Is there something inherently evil or wrong with cryptx making a profit off of petamine?
If cryptx is able to manufacture mining hardware for say 3$/ghs and sells it to petamine for 4$/ghs is that wrong? Am I missing something where its wrong for companies to make money?
As long as they keep the $/GHS low enough that the mine stays profitable and preferably growing, what is the problem here?