Jack Dorsey-backed Bitcoin mining pool OCEAN opens global hub in El Salvador
OCEAN Mining has announced the establishment of a global hub in El Salvador. The Bitcoin mining pool is backed by Jack Dorsey. OCEAN Mining, a Bitcoin mining pool backed by Jack Dorsey, the founder of payments firm Block (formerly Square), has established its headquarters in El Salvador . OCEAN opens international hub in El Salvador In a press release published on May 29, OCEAN said its new global hub would be based in San Salvador, the capital city of El Salvador. The Bitcoin mining pool will use this hub to advance its global presence and promote decentralization in BTC mining. OCEAN’s President Mark Artymko commented on the development: “To further our decentralization efforts we needed a global presence, and El Salvador was the obvious choice. With places like Venezuela and the EU imposing legislation to ban Bitcoin mining, El Salvador’s political stance was in stark contrast and a beacon of hope for the industry.” El Salvado...