frontrunbitcoin on Nostr: The #OCEAN Bitcoin #Mining pool is a #decentralized bitcoin mining platform that aims ...
The #OCEAN Bitcoin #Mining pool is a #decentralized bitcoin mining platform that aims to address the centralization of bitcoin mining power. It is the first #non-custodial bitcoin mining pool, which means that miners retain control of their private keys and receive #block rewards directly from the Bitcoin network. This #eliminates the risk of miners losing their funds if the pool operator were to become insolvent or be #hacked.
The OCEAN pool also features a transparent payout system that allows miners to track their rewards in real time. Additionally, the pool is open to miners of all sizes, regardless of their location or #mining hardware.
Jack Dorsey, the former CEO of #Twitter and #Square, is a supporter of the OCEAN pool and has invested in the project. He believes that #decentralization is essential for the long-term #health of the Bitcoin network.
Here are some of the key features of the OCEAN Bitcoin Mining pool:
* **Non-custodial:** Miners retain control of their private keys and receive block rewards directly from the Bitcoin network.
* **Transparent:** Miners can track their rewards in real time.
* **Permissionless:** Open to miners of all sizes, regardless of their location or mining hardware.
The OCEAN pool is still in its early stages of development, but it has the potential to be a major force in the bitcoin mining industry. By addressing the issue of #centralization, the OCEAN pool could help to make Bitcoin more resilient and secure.
#plebchain #mining #bitcoin #til #art
The OCEAN pool also features a transparent payout system that allows miners to track their rewards in real time. Additionally, the pool is open to miners of all sizes, regardless of their location or #mining hardware.
Jack Dorsey, the former CEO of #Twitter and #Square, is a supporter of the OCEAN pool and has invested in the project. He believes that #decentralization is essential for the long-term #health of the Bitcoin network.
Here are some of the key features of the OCEAN Bitcoin Mining pool:
* **Non-custodial:** Miners retain control of their private keys and receive block rewards directly from the Bitcoin network.
* **Transparent:** Miners can track their rewards in real time.
* **Permissionless:** Open to miners of all sizes, regardless of their location or mining hardware.
The OCEAN pool is still in its early stages of development, but it has the potential to be a major force in the bitcoin mining industry. By addressing the issue of #centralization, the OCEAN pool could help to make Bitcoin more resilient and secure.
#plebchain #mining #bitcoin #til #art