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RE: Just like in the original gold rush, it's the ones selling the picks and shovels that get rich

in #bitcoin7 years ago

Enlightening post. I've been watching the crypto space since 2014 and there's been this ongoing rumor (probably true) that the mining companies build these ASIC machines, run them for themselves for a few days to weeks to "test them."

The "testing" conveniently results in their pocketing quite a bit of extra profit over time.