A Google search led me to this video:
[https://www.youtube.com/watch?v=EImnSsCadK8](https://www.youtube.com/watch?v=EImnSsCadK8)
And it explains in great detail why such machines aren’t practical and don’t exist.
Basically, it’s so easy and inexpensive to build a knitting machine and it would be prohibitively complex and costly to design and build a crocheting machine. It probably could be done, but with the 9 axes of movement required for just a basic stitch, not to mention the fact that a stitch can be connected to another stitch in any direction (unlike a knit in which stitches are connected in one direction) makes a crocheting machine just too difficult.
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