Bitcoin Country, here we come! 🌴 We are thrilled to announce that OCEAN has expanded into El Salvador 🇸🇻. OCEAN MINING S.A. de C.V. will serve as our global hub of business development as we continue to bring features to market that push the envelope of decentralization in #Bitcoin mining. Thank you Nayib Bukele, Bitcoin Office SV, and Stacy Herbert for creating the blueprint for Bitcoin adoption and for welcoming us into your country.

OCEAN.SV

https://url-shortener.newsdirect.com/DWho6ywY https://url-shortener.newsdirect.com/g8jtB8Yg

It's time for Lightning⚡️ and it's time for BOLT12🔩 As of today, OCEAN miners can attach a BOLT12 offer to their #Bitcoin address and get paid out over Lightning! BOLT12 offers allow us to request multiple invoices for any amount while only requiring the miner to set things up once. Miners simply sign a message containing the offer using the private key associated with their Bitcoin address. Using BOLT12 also allows us to prove to the world that a payment was made, the size of the payment, the node to which it was paid, and that it was paid by us. This means we can continue to offer fully transparent and verifiable pooled mining while no longer being restricted by the base layer! Using the Bitcoin stack to its fullest is how we eliminate the need for trust and bring sovereignty to mining.

OCEAN

Lightning Payouts

https://newsdirect.com/news/ocean-innovates-bitcoin-miners-offered-first-ever-lightning-payouts-using-bolt12-946331135

Announcing our merch store! Happy to be collaborating with @ProofofInk for these awesome designs! ⚡Bitcoin and Lightning accepted ⚡

Happy halving! We've added a template to our existing lineup which only includes transactions free of any known arbitrary data. We're proud to be the only pool offering miners these choices as we work towards our goal of full decentralization.

OCEAN - Block Template

In a FPPS pool miners don’t actually interact with #Bitcoin but rather they are treated like employees of the pool. @OCEAN takes a different approach by giving sovereignty back to the miners. #MineWithOCEAN

We're proud to announce our new template - it will consist only of transactions approved by the US government.

⛏️~~Stats~~⛏️ Since launching in November, OCEAN has mined 28 blocks consisting of 175 newly generated coins and 9.29785518 BTC in transaction fees - a total of 184.29785518 BTC. Those mining with OCEAN since launch are sitting at around 112% of the rewards they could expect from the well known alternatives. Prior to OCEAN, almost all block rewards went to the same dozen addresses under the control of just a handful. OCEAN added 33 more addresses to this as miners started choosing to get paid directly by the Bitcoin network in OCEAN blocks. OCEAN's overall luck is 101% and 106.5% since the start of the year.🎰 Happy mining everyone💪

We're excited to be celebrating the upcoming halving in #Bitcoin country El Salvador with @HalvingPartyMF and many awesome Bitcoiners. To commemorate the event we'll be giving away a limited number of special edition T-shirts by @ProofOfInk . Be sure to pick one up at our table while supplies last.

We're proud to announce the long awaited whitepaper for our innovative TIDES payout system. This can be implemented by any pool and sets a new standard for transparency and fidelity for miners wishing to verify their rewards. ocean.xyz/docs/tides

Since setting sail on 11/28, we've been riding the waves of achievement: 🟧 15 Blocks Mined 🚀 Crossed and sustained over 1 Eh/sec 💰 100+ BTC Mined 🌊 Dive in with OCEAN in less than 60 seconds! 🏄 And checkout our new darkmode 👀

Happy New Year from all of us at OCEAN. 2023 was an historic moment for us. Resurrecting Eligius, bringing transparency to #Bitcoin mining, and beginning the journey to decentralized block template construction. 2024 is where the rubber meets the road and we’re stoked. We’re so grateful to our early miners who have supported us, and for those on the fence, we welcome any questions you have. If you haven’t noticed, hashrate is growing 👀 and we’re thrilled to have found our 4th block today 🎉

In the pursuit of truth @PrestonPysh and @GrassFedBitcoin discuss the “why” behind OCEAN’s mission and answer some frequently asked questions. Great job gentlemen! #Bitcoin Video: Spotify:

Spotify

BTC161: Decentralizing Bitcoin Mining Pools w/ Bitcoin Mechanic (Bitcoin Podcast)

We Study Billionaires - The Investor’s Podcast Network · Episode

Congratulations on block three to all OCEAN miners 🎉. The miner used the standard template which filters spam and as a result block 823129 included ~1400 more real financial transactions that otherwise would have been left out in the cold. This is the cleanest block #Bitcoin has seen in ages.

From our families to yours, wishing everyone a Merry Christmas 🎄

A decentralized #Bitcoin is a Bitcoin where miners decide what goes in blocks, not pools. OCEAN's ultimate goal is to make this a reality, and today we take one step closer to our vision of decentralized block template construction. Available immediately, OCEAN is offering 𝗺𝘂𝗹𝘁𝗶𝗽𝗹𝗲 𝗯𝗹𝗼𝗰𝗸 𝘁𝗲𝗺𝗽𝗹𝗮𝘁𝗲 𝗽𝗼𝗹𝗶𝗰𝗶𝗲𝘀, giving miners control over what blocks they are mining. The three options are: 1) OCEAN Recommended (most real financial transactions and least spam) 2) Bitcoin Core with the “Ordisrespector” spam filter 3) Unmodified Bitcoin Core (same as other pools with fewest financial transactions and most spam) OCEAN will continue its 0% promotional pool fee for options 1 & 2 while there will be a competitive pool fee of 2% for option 3. Our fees are structured to incentivize miners to make choices that benefit the Bitcoin network in the long term. Suggestions for more templates? Let us know at mining@ocean.xyz.

We are happy to have sponsored Unconfiscatable 2023. Amazing job Tone Vays and Mel for putting on yet another high quality #Bitcoin conference and thank you for giving us the opportunity to talk about OCEAN. In case you missed it, our very own Bitcoin Mechanic discusses what OCEAN is all about with Jimmy Song and Nico https://www.youtube.com/live/7kS2T1mPtQU?si=1gaYlWaaH00_mf8A

We....found another block.

At the heart of OCEAN's journey: @Luke Dashjr, our co-founder and "guardian angel" of Bitcoin. His values and love for #Bitcoin are the pillars of our mission and its long-term sustainability. Thank you, @jack Dorsey.

X (formerly Twitter)

OCEAN (@ocean_mining) on X

At the heart of OCEAN's journey: @LukeDashjr, our co-founder and "guardian angel" of Bitcoin. His values and love for #Bitcoin are the pillars of o...

Congratulations to our early miners! Our first block today was a huge reward and we’re happy for and grateful to the miners who have supported us. Everyone will be receiving about 5.48x what they would have received from FPPS pools. A minor misconfiguration leftover from our pre-launch testing led to a block which did not directly reward our miners as intended. We have since paid out the miners manually. The block template was created using the old v23 Bitcoin Knots rather than the latest version which is still completing testing (but should be ready soon). This unfortunately resulted in a large amount of spam being mined rather than real transactions. While this is only marginally better than other pools, we strive to hold ourselves to a higher standard and only do things that are good for Bitcoin. It is also vital to ensure we never mine invalid blocks, however, so we must fully validate the new version before upgrading to it. We had hoped to complete this before our first block, but for better or worse, we were "lucky" and found it much sooner than expected. Testing and safe deployment of the upgrade will proceed as soon as possible, without endangering Bitcoin or miner work. We will continue to share updates as part of OCEAN’s commitment to transparency and our promise to be better for Bitcoin.