Tether to Deploy Hashrate to OCEAN, Developing Decentralized Bitcoin Mining Infrastructure

Tether to Deploy Hashrate to OCEAN, Developing Decentralized Bitcoin Mining Infrastructure | INFbusiness

April 14, 2025 – Tether , a leading digital asset company, today announced its intention to use both existing and future hashrate on OCEAN, a leading decentralized Bitcoin mining pool launched by renowned Bitcoin Core developer Luke Daszjer. This strategic move underscores Tether’s ongoing commitment to maintaining the resilience, transparency, and decentralization of Bitcoin’s core infrastructure.

OCEAN enables miners to create their own block templates using the open DATUM protocol, reducing reliance on centralized intermediaries and increasing censorship resistance on the Bitcoin network. Tether deployment uses OCEAN's DATUM Gateway software, which is designed to provide highly efficient mining even in bandwidth-constrained environments.

“As a company that supports financial freedom and open access, we believe that supporting decentralization in Bitcoin mining is imperative to the long-term integrity of the network,” said Paolo Ardoino, CEO of Tether . “Deploying hashrate to OCEAN is consistent with our investment in mining and our broader mission to strengthen Bitcoin against centralizing forces.”

Tether will deploy OCEAN’s DATUM gateway across all of its mining sites worldwide, including remote and underserved regions such as parts of Africa. By enabling the creation of unique block templates directly on-site and the aggregation of thousands of rig connections with low latency, DATUM promotes global competitiveness while supporting geographic and operational diversity.

“Tether’s decision to mine on OCEAN is the result of months of careful technical evaluation,” said Giv Zanganeh, vice president of mining and energy at Tether . “We believe the DATUM protocol is the software stack that best aligns with Bitcoin’s decentralized vision. Its architecture allows us to provide reliable connectivity even in low-bandwidth areas, expanding the reach and resilience of our infrastructure.”

OCEAN’s leadership welcomed the development. Luke Dashjr, Chairman and CTO, commented: “Tether’s addition is a strong signal that decentralization remains a key priority for the future of Bitcoin. Their participation underscores the importance of open and censorship-resistant mining protocols.” Mark Artymko, President of OCEAN, added: “This collaboration reinforces our shared belief that financial inclusion and decentralization go hand in hand.”

The deployment also supports Tether’s growing presence in Africa, where the company is heavily investing in infrastructure and educational projects. Most recently, Tether partnered with Quidax on a large-scale crypto literacy initiative in Nigeria and other African countries, aimed at giving millions of people the tools to access and use digital assets. By combining mining operations with educational programs, Tether is promoting financial empowerment and digital resilience across the continent.

Source: cryptonews.net

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