Key Takeaways
CryptoSlate reports that veteran Bitcoin developer Luke Dashjr has exited the OCEAN mining pool via a buyout, leaving to pursue a new venture named CONVOY.
According to reporting by CryptoSlate, OCEAN Mining has completed a buyout of co-founder and 16-year veteran Bitcoin Core developer Luke Dashjr, ending his ownership and leadership roles. Dashjr resigned as chairman, chief technology officer, and director, with OCEAN repurchasing all of his equity following a joint statement released on Aug. 29. The private company did not disclose the repurchase price, remaining ownership structure, or successor appointments.
While OCEAN stated it will continue operating its transparent, non-custodial pool, Dashjr is pursuing a new mining venture called CONVOY. At the reporting cutoff, CONVOY had disclosed no operating pool, miner transfers, infrastructure, fees, or policy. Mempool.space snapshots showed OCEAN representing 2.45% of trailing-day blocks and 2.88% across the trailing week. The joint statement indicated the separation reflected differing visions following recent protocol developments, though it did not name a specific proposal as the cause. CryptoSlate notes that a functioning CONVOY pool or a sustained change in OCEAN's share would provide the first measurable evidence of miner movement.
Source & Fact-Check Note
This report is synthesized from coverage by CryptoSlate. Information has been fact-checked and structured for market clarity by CoinQuickly’s research desk.
Read original article at CryptoSlate ↗
