Luke Dashjr’s Bitcoin hard fork went live on September 1 but attracted little hashrate (computing power securing a blockchain) after replacing Bitcoin’s SHA-256 mining algorithm with BLAKE2b. The change was intended to allow ordinary computers to mine the new chain, but it also made Bitcoin’s specialized mining rigs incompatible with the fork. Miners and exchanges largely ignored the project, and Blockstream CEO Adam Back summarized the outcome on X by writing, "Live by the fork, die by the fork." The fork is tied to BIP-110, Dashjr’s proposal to remove non-financial data from Bitcoin blocks; supporters of his network call Bitcoin "Spamcoin." An earlier BIP-110 chain collapsed after producing only two blocks in August. Mining pool OCEAN also faced calls to replace its leadership after directing customer hashrate to that chain without clear consent. Dashjr continues to argue that the BLAKE2b network is the genuine Bitcoin, saying on X that the BTC ticker belonged to Bitcoin for more than a decade and that Bitcoin has now moved to BLAKE2b. Chain data, uninterrupted block production on the original network and market behavior contradict that claim. Bitcoin Knots, the node software Dashjr maintains, promoted similar arguments in August, which David Schwartz, Ripple’s former chief technology officer, called nonsense. BTC traded near $76,942, down roughly 1.33% over 24 hours. No major exchange listed the forked coin. A small beta platform accepted deposits under the unofficial ticker BTCB2, where bids reached $82 and the lowest ask was $190, a 131.7% spread that indicated almost no genuine trading. The fork therefore still needs miners, exchange support and buyers willing to value its blocks.