tl;dr
Tether announced it will deploy current and future Bitcoin mining hash rate on OCEAN Mining as part of its African strategy, shifting to software that allows miners to build block templates independently without centralized intermediaries. The deployment uses OCEAN’s DATUM Gateway protocol, designed...
Tether is advancing its African Bitcoin mining strategy by deploying current and future mining hash rate on OCEAN Mining, leveraging the DATUM Gateway protocol. This move shifts Tether’s mining operations toward software that empowers miners to independently build block templates without relying on centralized intermediaries, enhancing decentralization and network integrity.
OCEAN Mining, a decentralized pool led by Bitcoin Core developer Luke Dashjr, specializes in low-latency, high-throughput mining across regions plagued by limited internet connectivity. The DATUM Gateway protocol is designed to support mining in these underserved areas by optimizing network and operational performance.
Tether’s deployment on OCEAN includes on-site block template software, facilitating autonomous participation in mining for local operators. This initiative complements Tether’s broader African efforts, which encompass infrastructure investment, user education, and partnerships — notably with Nigerian crypto platform Quidax to enhance digital asset literacy across the continent.
Further, Tether plans to integrate the DATUM protocol globally, expanding mining capabilities in rural and bandwidth-constrained regions. According to Tether’s VP of Mining and Energy, Giv Zanganeh, the protocol’s modular and flexible architecture meets the company’s commitment to a decentralized and censorship-resistant mining network, allowing miners greater control over transaction selection and block creation independent of centralized pools.
OCEAN’s leadership has praised Tether’s involvement as reinforcing the principles of network neutrality and censorship resistance, underlining a shared vision to democratize access to Bitcoin infrastructure. This collaboration epitomizes Tether’s dual focus on deploying industrial mining operations alongside grassroots economic engagement, reinforcing the durability and inclusiveness of the Bitcoin base layer.