/biz/ - Business & Finance

>>7513839
Bitmain patented a mining exploit called ASICboost which gave them a 20% boost in mining BTC.

And while SEGWIT does not completely block ASICboost, it does damage the advantage this exploit gives to the miner.

Instead of moving forward with SEGWIT and scaling BTC, they opted to remain with old tech in an effort to keep their mining advantage - hence BTC split into BTC and Bcash. Bcash only exists to keep Bitmain's mining profitability higher than other miners through their exploit.

They couldn't say "We want to keep making stacks using our exploit" so instead they had to form a false narrative about scaling. Remember they first said SEGWIT could be compromised? This proved to also be a lie.

They then told everyone that Lightning was vaporware.

They then flooded BTC with TX's to keep TX fees high to push narrative two: High fees on BTC. They seem to have abandon this campaign as BTC is again cheap to send TX's.

Now Roger is pushing the narrative that Blockstream (which has less than 20% of BTC commits) is BILDERBERG