Tether To Deploy Hashrate on OCEAN


Tether To Deploy Hashrate on OCEAN



Tether has announced plans to allocate its current and future Bitcoin mining hashrate to OCEAN, a mining pool developed by Bitcoin Core contributor Luke Dashjr and focused on decentralization.

OCEAN allows miners to create their own block templates using the open-source DATUM protocol, aiming to reduce reliance on centralized services and improve censorship resistance. 

Tether will use OCEAN’s DATUM Gateway software, designed for efficient mining in low-bandwidth environments.

“As a company committed to financial freedom and open access, we see supporting decentralization in Bitcoin mining as essential to the network’s long-term integrity,” said Paolo Ardoino, CEO of Tether. 

“Deploying hashrate to OCEAN aligns with both our mining investments and our broader mission to fortify Bitcoin against centralizing forces.”

Tether plans to implement the DATUM Gateway across its global operations, including in underserved regions such as parts of Africa. 

The software enables local block template creation and supports low-latency performance at scale.

“Tether’s decision to mine on OCEAN reflects months of deep technical evaluation,” said Giv Zanganeh, VP of Mining & Energy at Tether. 

“Its architecture allows us to achieve reliable connectivity even in low-bandwidth regions.”

OCEAN representatives welcomed the move. Luke Dashjr called it “a strong signal that decentralization remains a core priority for Bitcoin’s future.” 

Mark Artymko, OCEAN’s President, said it reinforces the belief that “financial inclusion and decentralization go hand-in-hand.”

The announcement follows Tether’s recent collaboration with Quidax on a Bitcoin and crypto literacy campaign in Nigeria and other African countries.





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