Also a verb:
Look, this is the bottom line. In business you should never change a deal you already made. Period.
I have run many companies (50m plus), and I have made many deals I did not like. But I always homered a deal once I made it.
These guys caused the exact opposite of what they wanted. They wanted to attract new miners and create trust and loyalty. Heck, I was even thinking about even staying longer term (have over 100mh). But I will never do business with them again. They have no integrity
That is probably the most true and transparent thing he's ever written in his life. And Stuart Fraser (VP, Cantor Fitzgerald) can probably attest to it first hand.