{"id":203658,"date":"2023-11-30T17:06:25","date_gmt":"2023-11-30T11:36:25","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=203658"},"modified":"2023-11-30T17:06:25","modified_gmt":"2023-11-30T11:36:25","slug":"decentralized-mining-pool-ocean-by-jack-dorsey-joins-bitcoin-hash-rate-surge-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/decentralized-mining-pool-ocean-by-jack-dorsey-joins-bitcoin-hash-rate-surge-crypto-news\/","title":{"rendered":"Decentralized mining pool OCEAN by Jack Dorsey joins Bitcoin hash rate surge &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<h2>Quick Take<\/h2>\n<p>The Bitcoin mining <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/insights\/bitcoin-network-hits-record-breaking-551-eh-s-hash-rate-as-sixth-straight-difficulty-increase-looms\/\">hash rate<\/a> continues to experience a significant upturn. The decentralized Bitcoin mining pool, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/decentralized-bitcoin-mining-pool-ocean-raises-over-6m-in-seed-funding\/\">OCEAN<\/a>, spearheaded by Jack Dorsey, is noteworthy. It has recently commenced operations, reaching an impressive 126 ph\/s, or approximately 0.024% of the total hash rate network, estimated at 550 eh\/s. Given its decentralized nature, projections indicate a potential increase in <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/ocean.xyz\/dashboard\">OCEAN\u2019s<\/a> hash rate contribution over time.<\/p>\n<figure id=\"attachment_377699\" aria-describedby=\"caption-attachment-377699\" style=\"width: 1574px\" class=\"wp-caption aligncenter\"><figcaption id=\"caption-attachment-377699\" class=\"wp-caption-text\">Ocean Hash Rate: (Source: ocean.xyz)<\/figcaption><\/figure>\n<p>Furthermore, a comprehensive review by mining analyst <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/x.com\/sebastian_ski\/status\/1725599638000955396?s=20\">Sebastian Ski<\/a>\u00a0reveals that the percentage of the Bitcoin Network Hashrate for public miners sits at 25% for 2023, maintaining stability for the year yet representing a considerable rise from the 16% recorded at the start of 2022.<\/p>\n<figure id=\"attachment_377701\" aria-describedby=\"caption-attachment-377701\" style=\"width: 1427px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-377701 size-full\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/11\/HR-3.png\" alt=\"Public Bitcoin Miners percentage of Network Hashrate: (Source: @sebastian_ski)\" width=\"1427\" height=\"245\" \/><figcaption id=\"caption-attachment-377701\" class=\"wp-caption-text\">Public Bitcoin Miners percentage of Network Hashrate: (Source: @sebastian_ski)<\/figcaption><\/figure>\n<p>These developments underscore the dynamic nature of the Bitcoin hash rate landscape, especially as the market prepares for the anticipated halving event in April 2024.<\/p>\n<p>The post <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/insights\/decentralized-mining-pool-ocean-by-jack-dorsey-joins-bitcoin-hash-rate-surge\/\">Decentralized mining pool OCEAN by Jack Dorsey joins Bitcoin hash rate surge<\/a> appeared first on <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\">CryptoSlate<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Quick Take The Bitcoin mining hash rate continues to experience a significant upturn. The decentralized Bitcoin mining pool, OCEAN, spearheaded by Jack Dorsey, is noteworthy. It has recently commenced operations, reaching an impressive 126 ph\/s, or approximately 0.024% of the total hash rate network, estimated at 550 eh\/s. Given its decentralized nature, projections indicate a [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":203659,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-203658","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/203658","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=203658"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/203658\/revisions"}],"predecessor-version":[{"id":203660,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/203658\/revisions\/203660"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/203659"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=203658"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=203658"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=203658"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}