Bitcoin Mining: The Ocean’s Newest Treasure Hunt! 💰🌊

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Ah, behold the Ocean! A decentralized bitcoin mining pool, birthed from the brilliant mind of the venerable Luke Dashjr in the year of our Lord, 2023, and graced by the presence of the illustrious Jack Dorsey, former sovereign of Twitter.

In a most delightful twist of fate, Tether, the grandest issuer of stablecoins in this vast digital realm, has conspired with Ocean, that charming decentralized Bitcoin mining pool, founded by the ever-astute Luke Dashjr. This revelation was unveiled in a post that graced our screens on a mundane Monday.

Despite Tether’s reputation as the cash cow behind the ever-popular USDT, the organization has been on a quest, investing in Bitcoin mining infrastructure with the fervor of a gold rush. In 2023, the illustrious Tether CEO, Paolo Ardoino, then merely the CTO, proclaimed to Bloomberg that a staggering $500 million was to be poured into various bitcoin mining ventures over a mere six months. Such extravagance!

At that time, the company announced the construction of mining operations in the exotic lands of Uruguay, Paraguay, and El Salvador. Tether’s website currently lists Uruguay as a key mining location among more than fifteen “active Bitcoin mining sites.” One can only imagine the sun-soaked beaches and the sound of coins clinking!

And now, dear reader, Ocean has become Tether’s latest partner in this grand bitcoin mining escapade, with aspirations to expand decentralized mining. They shall employ Ocean’s software, allowing miners to craft their own block templates—those delightful rough sketches of new blocks—while ensuring high performance, even when bandwidth is as scarce as a good pun at a dull dinner party.

“We see supporting decentralization in bitcoin mining as essential to the network’s long-term integrity,” Ardoino declared with the gravitas of a philosopher. “Deploying hashrate to Ocean aligns with both our mining investments and our broader mission to fortify Bitcoin against the encroaching forces of centralization.” A noble cause indeed! đŸŽ©

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2025-04-15 09:57