OCEAN

📍 Cheyenne, United States👥 7 employees💰 Last funded Nov 2023
OCEAN is a #Bitcoin mining pool that is leading the transition towards decentralization and censorship-resistance. OCEAN is differs from any other pool. First, we are a non-custodial pool. Miners are paid directly by the Bitcoin network. Second, we publish our block templates before solving them. This transparency differs from other pools which do not permit their hashers to know what the block will look like until after/when/if its irreversibly solved. Its vital for miners to know the details of the block they are working on beforehand so that they can withdraw their hashrate before contributing toward a block they do not wish to see on the blockchain. Third, our reward system is a Transparent Index of Distinct Extended Shares- TIDES - this gives miners the ability to verify that they are getting the exact reward that they should be as when blocks are found. Any dishonestly by the pool would be immediately provable, even before blocks are solved.
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Investor geography1 country
United States
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Frequently asked questions
Who invested in OCEAN?
OCEAN has 1 investors on record on gritt.io.
When did OCEAN last raise funding?
The most recent investment in OCEAN recorded on gritt.io was in November 2023.
What industry is OCEAN in?
OCEAN operates in Software Development. Find similar Software Development investors on gritt.io.
Where is OCEAN based?
OCEAN is headquartered in Cheyenne, United States.