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.

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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.

We found a block already. The generation TX wasn't correct - all the btc will go where they're supposed to of course after ~100 block cooldown. Website confused/will be updated asap. This is insanely lucky and all the early OCEAN adopters just made a fortune.

Another pool announced today that it has custody of an 83 BTC fee that it intends to give away. With OCEAN, those 83 BTC wouldn’t be in our custody—they’d already be in our miners’ wallets, paid directly by Bitcoin. The decision to refund should be up to the miners, not the pools

Coming up next - special announcement from @Luke Dashjr. Tune in to watch live! ocean.xyz/event

Join us in an hour for a one-of-a-kind #Bitcoin conference. Livestream begins at 10:30a EST. Special announcement from @Luke Dashjr at 2:15 followed by a Q&A with Luke and @jack Dorsey. ocean.xyz/event?nostr

Only 1 day remaining until the #FutureOfBitcoinMining conference kicks off. Don’t miss our panel discussion on hyper-decentralization, open source, and #Bitcoin home mining with Templeton Thomas, skot9000, z bomstaz, J Stefanop, and Bitcoin Mechanic

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