JOINT STATEMENT OF OCEAN AND LUKE DASHJR
Dashjr resigned as chairman, chief technology officer and director, and OCEAN said it will keep its non-custodial mining pool open.
- On Saturday, August 29, 2026, Bitcoin mining pool co-founder Luke Dashjr departed OCEAN following a mutual separation agreement with parent firm Mummolin Inc, which repurchased all of his equity.
- The separation stems from differing visions for the future of Bitcoin mining following recent protocol developments, though neither party disclosed specific areas of disagreement.
- OCEAN will continue serving miners with its non-custodial mining pool; the company reported no service suspension or changes to its payout system following the departure.
- Dashjr plans to launch a new venture called CONVOY to continue his mission of decentralizing Bitcoin mining, though details regarding its architecture remain unverified.
- Mummolin has not announced replacements for Chairman or Chief Technology Officer roles, and the company must clarify its leadership structure after losing its co-founder and raising $6.2 million in 2023.
43 Articles
43 Articles
crypto.news
Cryptocurrency News | Cryptocurrency Prices | Market CapBitcoin mining divide pushes Luke Dashjr out of OCEAN
OCEAN co-founder Luke Dashjr has resigned and sold his equity back to the Bitcoin mining pool before launching a new venture called CONVOY.
JOINT STATEMENT OF OCEAN AND LUKE DASHJR
CHEYENNE, Wyo., Aug. 29, 2026 /PRNewswire/ -- OCEAN (Mummolin, Inc.) and Luke Dashjr announce today that, by mutual agreement, Luke Dashjr has separated from OCEAN, resigning as Chairman, Chief Technology Officer, and director, and that the Company has repurchased all…
Cryptocurrency information | Cryptocurrency News | Bitcoin News and Crypto Guide…
http://coinprofitnews.comBitcoin Developer Dashjr Steps Down From Ocean Pool
The post Bitcoin Developer Dashjr Steps Down From Ocean Pool appeared first on Coinpedia Fintech News Veteran Bitcoin developer Luke Dashjr has departed Ocean Mining Pool, resigning from his roles as Chairman, CTO and Director. Parent company Mummolin bought back his equity stake in a move both sides described as mutually agreed, citing differing views on Bitcoin mining’s future direction and recent protocol changes. Dashjr, an Ocean co-founder,…
According to ChainCatcher, Luke Dashjr, a long-time Bitcoin developer, has left the mining pool Ocean, resigning from his positions as chairman, chief technology officer, and director. The parent company, Mummolin, has repurchased all of his shares. Both parties stated that the parting was mutually agreed upon, stemming from disagreements about the future direction of Bitcoin mining and recent protocol developments. Dashjr was a co-founder of Oc…
Luke Dashjr Exits OCEAN After BIP-110 Fallout as Bitcoin Pool Buys Back His Equity
TLDR: Luke Dashjr exits OCEAN after the BIP-110 dispute, with Mummolin buying back all of his company equity. BIP-110 miner signaling peaked near 2.6%, far below the proposal’s targeted 55% hashrate support threshold. OCEAN produced about 2.88% of Bitcoin blocks over the past week, with hashrate estimated at 25.33 EH/s. Dashjr is moving to CONVOY, [...] The post Luke Dashjr Exits OCEAN After BIP-110 Fallout as Bitcoin Pool Buys Back His Equity a…
Coverage Details
Bias Distribution
- 88% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
