Bitmain's ruination is largely down their irrational masturbation surrounding Bcash. No business run by adults would've pulled any of that shit. It's another indication that we're still not out of amateur hour.
That's the issue with a space like this, humans are fallible, power and money corrupts, greed sets in... these guys had their inner Sméagol activated and were not of sound enough mind or morals to withstand the forces that bore down on them, so they folded and went full Sméagol - all three of the douches, Rog, Jihan, Faketoshi, you can literally see the Sméagol oozing out of the pores of their personalities - its ugly.
The whole idea of this is that we do not have to trust individuals like this (any individuals at all in fact)