KEY TAKEAWAYS
- Tether announces plans to deploy hashrate on OCEAN, a Bitcoin mining pool, to enhance decentralization and network resilience.
- OCEAN’s DATUM protocol allows miners to create their own block templates, reducing reliance on centralized intermediaries.
- Tether’s global mining operations will utilize OCEAN’s technology, promoting geographic diversity and financial inclusion, especially in underserved regions.
- This initiative aligns with Tether’s broader mission to support Bitcoin’s decentralization and financial empowerment in Africa.
On April 14, 2025, Tether, the largest company in the digital assets industry, announced its intention to deploy both existing and future hashrate on OCEAN, a leading Bitcoin mining pool. OCEAN, launched by long-time Bitcoin Core developer Luke Dashjr, focuses on decentralization and aims to strengthen Bitcoin’s foundational infrastructure.
This strategic move aligns with Tether’s commitment to supporting the resilience, transparency, and decentralization of Bitcoin. OCEAN empowers miners to build their own block templates using the open-source DATUM protocol, reducing dependency on centralized intermediaries and enhancing censorship resistance within the Bitcoin network.
Tether’s deployment leverages OCEAN’s DATUM Gateway software, designed to deliver high-performance mining operations even in bandwidth-constrained environments. Paolo Ardoino, CEO of Tether, stated, “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.” He added that deploying hashrate to OCEAN aligns with Tether’s mining investments and broader mission to fortify Bitcoin against centralizing forces.
Expanding Global Mining Operations
Tether plans to roll out OCEAN’s DATUM Gateway across its mining operations worldwide, including in rural and underserved areas such as parts of Africa. By enabling on-site generation of unique block templates and aggregating thousands of rig connections with low-latency performance, DATUM ensures global competitiveness while promoting geographic and operational diversity.
Giv Zanganeh, VP of Mining & Energy at Tether, noted, “Tether’s decision to mine on OCEAN reflects months of deep technical evaluation.” He emphasized that the DATUM protocol is the software stack most aligned with Bitcoin’s decentralization ethos, allowing reliable connectivity even in low-bandwidth regions.
Commitment to Decentralization and Financial Inclusion
OCEAN leadership welcomed Tether’s involvement. Luke Dashjr, Chairman and CTO, commented that Tether’s participation underscores the value of open, censorship-resistant mining protocols. Mark Artymko, OCEAN’s President, added that this alignment reinforces the shared belief that financial inclusion and decentralization go hand-in-hand.
This deployment builds on Tether’s growing presence in Africa, where the company is actively investing in infrastructure and education. Recently, Tether collaborated with Quidax on a major crypto literacy initiative across Nigeria and other African nations, aimed at equipping millions with the tools to access and benefit from digital assets. By combining mining operations with educational programs, Tether is driving financial empowerment and digital resilience throughout the continent.
The full announcement can be read here.
Why This Matters: Impact, Industry Trends & Expert Insights
Tether’s decision to deploy hashrate on the OCEAN Bitcoin mining pool signifies a strategic move to enhance Bitcoin’s decentralization and resilience. This initiative aligns with Tether’s broader mission to support decentralized financial systems.
A recent Coruzant report highlights the ongoing decentralization efforts in Bitcoin mining, emphasizing the emergence of smaller, more decentralized mining pools. Tether’s involvement with OCEAN supports this trend by reducing dependency on centralized intermediaries. This aligns with Tether’s commitment to fostering a decentralized Bitcoin network.
As per insights from CoinGape, Tether’s strategic initiatives, including its integration with the Bitcoin Lightning Network, are seen as reinforcing Bitcoin’s decentralization and security. This supports the impact of Tether’s deployment on OCEAN, as it demonstrates confidence in Bitcoin’s future as a decentralized store of value and medium of exchange.
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