Post
Topic
Board Speculation
Re: The negative impact of mining farms
by
brg444
on 29/10/2014, 19:47:58 UTC
My point is that it doesn't make sense for a company to enable others to compete with them.

The main point that mining is becoming centralized still stands, as evidenced by the link that notlambchop posted.

...
Remember there is an economic incentive for players not to collude and respect decentralization of the system.
...

>ZEUSMINER EXPANDS PARTNERSHIPS TO INCLUDE ASICMINER, XBTEC AND ROCKMINER

Thanks for bringing this to my attention. This is further proof that mining will be controlled by a handful of big players in the future.

 Huh

You do know that likely the biggest mining company out there, BitFury, sells industrial mining gears to other miners. I would say this qualifies as "enabling others to compete with them". They actually offer the service of building data centers and supplying mining equipment for mining operations i.e. other Bitcoin miners.

In fact, every mining companies in the ecosystem probably mine Bitcoins themselves AND sell mining gear. So your point really doesn't make any sense, at all.