Company intelligence
OCEAN
Leading the charge to decentralize Bitcoin mining.
About OCEAN
OCEAN is a #Bitcoin mining pool that is leading the transition towards decentralization and censorship-resistance. OCEAN is differs from any other pool. First, we are a non-custodial pool. Miners are paid directly by the Bitcoin network. Second, we publish our block templates before solving them. This transparency differs from other pools which do not permit their hashers to know what the block will look like until after/when/if it's irreversibly solved. It's vital for miners to know the details of the block they are working on beforehand so that they can withdraw their hashrate before contributing toward a block they do not wish to see on the blockchain. Third, our reward system is a Transparent Index of Distinct Extended Shares- TIDES - this gives miners the ability to verify that they are getting the exact reward that they should be as when blocks are found. Any dishonestly by the pool would be immediately provable, even before blocks are solved.
Verified activity
Signals from OCEAN
6 published signals
People
OCEAN appointed Giacomo Zucco to the Board of Directors.
Reported by OCEAN
Technology & Infrastructure
OCEAN is reducing the on-chain payout threshold from ~1 million sats to 500,000 sats to make frequent on-chain payouts easier for smaller miners.
Reported by OCEAN
Technology & Infrastructure
OCEAN has resumed Lightning payouts after resolving incompatibility with the chain split.
Reported by OCEAN