Bitcoin mining pool OCEAN is facing a major crisis after redirecting some users’ hashrate to the failed BIP-110 minority chain without clear consent, an incident that lasted approximately 18 hours. This revelation has sparked intense backlash from the Bitcoin community, with Blockstream CEO Adam Back calling the move unacceptable and demanding that resulting financial losses be deducted directly from OCEAN co-founder Luke Dashjr’s salary. OCEAN’s hashrate has reportedly collapsed by more than 96 % following the controversy. Bitcoin is currently trading at around $65,000, nearly 49 % below its all-time high of approximately $126,000.
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