Tether to Allocate Bitcoin Hashrate to OCEAN Mining Pool
Tether has announced its commitment to directing both its existing and future Bitcoin hashrate to OCEAN, a decentralized Bitcoin mining pool supported by Jack Dorsey. This strategic move is part of Tether’s broader initiative to enhance decentralization within the Bitcoin network and mitigate dependence on centralized mining pools—an increasingly prominent concern in the cryptocurrency ecosystem.
By aligning with OCEAN, Tether appears to be reinforcing its role as a long-term stakeholder in Bitcoin infrastructure and contributing to a more resilient and distributed mining landscape.
Source: Cointelegraph (@cointelegraph)
