Dashjr Exits Ocean Amid Bitcoin Mining Vision Divide

Ocean and Luke Dashjr have announced their separation in a joint statement. According to the release, Luke Dashjr has resigned as Chairman, Chief Technology Officer, and director of Ocean, and the company has repurchased all of his equity.

The separation is due to differing visions for the future of Bitcoin mining following recent protocol developments. The parties have agreed that this change will allow them to pursue their individual goals.

Luke Dashjr, a co-founder of the pool, will continue working on decentralizing Bitcoin mining with his new venture, CONVOY (@CONVOY_Mining). Ocean will keep serving miners through its transparent and non-custodial mining pool.