This is correct. It's also important to note that bitmain is one of the main responsible parties for the creation of Bitcoin Cash and this move is mostly a way

This is correct. It's also important to note that bitmain is one of the main responsible parties for the creation of Bitcoin Cash and this move is mostly a way to boost it's value, because even though Bitcoin fees are high, they aren't that bad ($3 to $30 depending on the load) when you're selling devices for $2K+.