In a significant move, Ocean, a Bitcoin mining pool supported by Jack Dorsey, has established a global hub in El Salvador. The mining pool has created a new entity called Ocean Mining S.A. de C.V., with its headquarters based in San Salvador. This strategic move aims to accelerate the decentralization of Bitcoin mining worldwide. Leveraging El Salvador’s progressive Bitcoin regulations, the company aims to expand its reach and encourage wider adoption of the cryptocurrency. Moreover, Ocean is committed to promoting the education and growth of bitcoin communities within El Salvador, fostering the development of circular economies.
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Jack Dorsey-Backed Bitcoin Mining Pool Ocean Establishes Global Hub in El Salvador
