Tether partners with OCEAN mining pool to decentralize Bitcoin block-building

Tether commits hash rate to OCEAN Mining, extending mining operations on Africa - Invest In Crypto News

Tether announced on April 14 that it will begin deploying current and future Bitcoin (BTC) mining hashrate on OCEAN Mining as part of its African strategy. The decision marks a shift in the company’s operational mining infrastructure toward software that permits miners to construct block templates independently without reliance on centralized intermediaries. The deployment will utilize OCEAN’s Decentralized Alternative Templates for Universal Mi…

Tether Teams Up With OCEAN

The issuer of the most traded stablecoin, USDT, Tether, has partnered strategically with OCEAN, a distributed Bitcoin mining pool created by Jack Dorsey-backed Mummolin. Working together, this indicates a major step toward a more dispersed and censorship-resistant Bitcoin mining ecosystem, one that fits the original concept of Bitcoin. The Corporation’s Take on Decentralization  Tether’s mining of Bitcoin has been progressively increasing. The c…

USDT Reclaims Its Roots: Tether Leverages Bitcoin’s Lightning Network - The Cryptocurrency Post

TL;DR USDT is coming back to Bitcoin: Tether re-integrates USDT with the Lightning Network to offer quicker, cheaper, and more secure transactions. Innovative off-chain processing: Leveraging Lightning Labs’ Taproot Assets protocol, USDT benefits from reduced congestion and lower fees by recording only the final transaction. A new era for stablecoins: This move sets a fresh benchmark for stablecoin payments, reaffirming Tether’s commitment to d…

Tether Partners With Ocean to Decentralise Mining Pools

Tether partnered with Ocean to power their Bitcoin mining operations, optimising their hashrate and decentralizing Bitcoin’s network. Currently, Bitcoin mining is centred around only a few powerful mining pools, which endangers the independence of the blockchain ecosystem. Tether CEO Paolo Ardoino said the partnership aligns with Tether’s investment goals and desire to strengthen the Bitcoin network. The ocean currently mines only a small number…

Tether Unleashes Hashrate on OCEAN, Pioneering a Decentralized Bitcoin Future - Crypto Economy

TL;DR Tether shifts its Bitcoin mining power to the OCEAN pool, reinforcing its commitment to decentralization and reducing reliance on traditional mining intermediaries. The deployment leverages the DATUM Gateway protocol, ensuring robust performance in low-bandwidth areas and granting miners the freedom to craft their own block templates. This strategic move not only enhances Bitcoin’s security and transparency, but also expands Tether’s glob…

Tether to deploy both existing and future Hashrate on OCEAN

Tether, USDT issuer, announced that it will be directing its existing and future Hashrate to the Bitcoin mining pool, OCEAN. In a statement published on April 14, the firm said it is strengthening its commitment to promoting decentralized systems, enabling transparent operations, and defending censorship.  Tether, the largest firm in the digital assets realm, has announced plans to direct its existing Hashrate to OCEAN. The firm said it will als…