If I was still mining and I found out that my retail supplier of mining equipment was also using ASICBOOST.

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1 BTC = $35175.03 USD  (via Coinbase)
1 ETH = $1124.51 USD  (via Coinbase)
1 LTC = $138.22 USD  (via Coinbase)
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Here is some food for thought…

  • Bitmain Purposefully disables any access to ASICBOOST for my and the entire communities mining operation, while selling me hardware at full retail…
  • They use the same hardware they manufacture to compete directly against me WHILE utilising a 20{88c91daedd271a990a10650c05d769cae2765e0603edf30ca95f18704e5748e8} advantage which is unique to just them?!
  • How am I as an industrial miner and supporter of this ecosystem supposed to compete with my manufacturer who literally used my funds for R&D and product roll out, while they push direct competition against me!? While they withhold a guaranteed 20{88c91daedd271a990a10650c05d769cae2765e0603edf30ca95f18704e5748e8} advantage that I will never have…
  • Secretly patent the right to use this advantage against the same community they sell the hardware too
  • They take the profits of the entire community, then fuck literally the entire community to the tune of 20{88c91daedd271a990a10650c05d769cae2765e0603edf30ca95f18704e5748e8} while stalling all progress of Bitcoin because this will directly impact their bottom line as a "Miner"

Bottom line, they should be held accountable for how they are deceiving the entire community, this is literally the largest conflict of interest I have seen in the mining space in a long, long time.

Unethical does not even begin to sum this up properly… Disgusting feels better… Let's think of a few words to describe the level of duplicitous behaviour Bitmain engages in:

  • Immoral
  • Wrong
  • Dishonourable
  • Disreputable
  • Dishonest
  • Double-Crossing
  • Shady
  • Underhanded
  • Corrupt
  • Unprincipled
  • Disgraceful
  • Devious
  • Disingenuous
  • Malicious
  • Unscrupulous
  • Untruthworsty
  • Deceitful
  • Unethical

submitted by /u/AnalyzerX7
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1 CRYPTO

Crypto News & ICO Reviews

1 News - 247 News - 247 Bitcoin - 1 Search

BTC - BCH - ETH - LITE - XRP

Buy Sell Trade Crypto Here

 

Ticker

1 BTC = $35175.03 USD  (via Coinbase)
1 ETH = $1124.51 USD  (via Coinbase)
1 LTC = $138.22 USD  (via Coinbase)
Quotes delayed up to 2 minutes.

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