OCEAN Mining, the decentralization-focused Bitcoin mining pool, has elected Bob Burnett as its new chairman of the board. Burnett succeeds Luke Dashjr, who stepped down as chairman and CTO on August 29, 2026. As CEO of Barefoot Mining, Burnett directs over 90% of his company’s hashrate to OCEAN, making him one of its most significant contributors. OCEAN launched in November 2023 with $6.2 million in seed funding led by Jack Dorsey and now represents between 2.45% and 2.88% of recent Bitcoin blocks. The pool differentiates itself through its DATUM and TIDES systems, offering non-custodial payouts and complete payout transparency.
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