Cryptocurrency Q&A
Is Ocean a bitcoin mining pool?
Is Ocean a bitcoin mining pool?
OliviaTaylor
Sat Jul 13 2024
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5 answers
1259
Excuse me, I've been hearing a lot about Ocean lately and it seems to be involved in some cryptocurrency activities. Could you please clarify whether Ocean is actually a bitcoin mining pool? I'm a bit confused as there are so many names and platforms in the crypto world, and I'm trying to sort out which ones are legitimate and reliable. If Ocean is indeed a mining pool, could you elaborate on its features, performance, and any other pertinent information that might be useful for those considering joining? Thank you for your time and assistance in this matter.
5 answers
Michele
Mon Jul 15 2024
OCEAN, a Wyoming-based entity, was co-founded by Luke Dashjr, a notable Bitcoin Core developer. This company offers a unique mining pool experience that does not require custodial services.
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EclipseSeeker
Mon Jul 15 2024
Joining OCEAN's mining pool is remarkably simple. Users are only required to provide a valid bitcoin address, eliminating the need for complex registration processes or third-party custody.
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AltcoinAdventurer
Mon Jul 15 2024
As a successor to the Eligius bitcoin mining pool, OCEAN carries forward the legacy of a highly popular zero-fee mining option. Eligius, founded and operated by Luke Dashjr from 2010 to 2017, mined over 11,631 blocks during its operational period.
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Andrea
Mon Jul 15 2024
The transition from Eligius to OCEAN represents a shift towards a more decentralized and user-friendly mining model. By eliminating custodial requirements, OCEAN aims to provide miners with greater autonomy and flexibility.
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Chloe_jackson_athlete
Sun Jul 14 2024
BTCC, a UK-based cryptocurrency exchange, offers a comprehensive range of services that cater to the needs of both retail and institutional investors. Its offerings include spot trading, futures contracts, and a secure digital wallet.
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