amid a deepening bear market, the multi billion dollar bitmain IPO is still making waves in the crypto community, with rumors that the latest generation of mining chips are performing less than anticipated.
this is add to great losses incurred holding a stash of 1 million bitcoin cash, which makes for a loss of an additional 700 million dollars, and fueling speculation that the cause of the initial BCH rally of august last year was in part market actions by bitmain, some (relatively minor voices) are even demanding BTC hardfork to change POW, so that bitmain machines won't be able to mine it.
the heated debate over the IPO is, as mentioned earlier, driven by the BTC/BCH division