Tether expands its bitcoin mining strategy focusing on decentralization with the Ocean mining pool.
Tether has announced its decision to direct both existing and future hashrate to the Ocean mining pool. Launched in 2023 by Bitcoin Core developer Luke Dashjr, Ocean aims to make mining more distributed.
The pool is also known for Datum, an open source software that allows miners to independently build their own block templates. Tether will leverage the Datum Gateway software, designed to ensure high-performance operations even in bandwidth-constrained environments. In addition to building its own block template, Datum allows the aggregation of thousands of connections with low latency, ensuring global competitiveness and promoting geographic and operational diversity.
Paolo Ardoino, CEO of Tether, emphasized:
“As a company committed to financial freedom and open access, we see supporting decentralization in Bitcoin mining as essential to the network’s long-term integrity. Deploying hashrate to Ocean aligns with both our mining investments and our broader mission to fortify Bitcoin against centralizing forces.”
This commitment builds on Tether’s growing presence in Africa, where the company is investing in infrastructure and education, with the goal of providing millions of people with the tools needed to access and benefit from digital assets.
Giv Zanganeh, VP of Mining & Energy at Tether, highlighted that the decision to use Ocean is the result of months of in-depth technical evaluations:
“We believe the Datum protocol is the software stack most aligned with Bitcoin’s decentralization ethos. Its architecture allows us to achieve reliable connectivity even in low-bandwidth regions, expanding the reach and resilience of our infrastructure.”
Luke Dashjr, Chairman and CTO of Ocean, commented:
“Tether’s involvement is a strong signal that decentralization remains a core priority for Bitcoin’s future. Their participation underscores the value of open, censorship-resistant mining protocols.”
