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Edition 2026-08-31

CRYPTO

Luke Dashjr Leaves OCEAN Mining Pool

Luke Dashjr, co‑founder and chairman of the OCEAN Bitcoin mining pool, resigned on August 29 after a mutual separation agreement with parent company Mummolin Inc., ending his ow...

By cryptonews · 54d ago · Source: cryptonews

Full article

Luke Dashjr, co‑founder and chairman of the OCEAN Bitcoin mining pool, resigned on August 29 after a mutual separation agreement with parent company Mummolin Inc., ending his ownership stake. The joint statement said the departure reflects differing visions for the future of Bitcoin mining following recent protocol developments, without specifying the technical issues. Mummolin repurchased all of Dashjr’s equity, and no replacement for his roles as chairman, chief technology officer, or director has been announced. Dashjr plans to launch a new venture called CONVOY to continue promoting decentralized Bitcoin mining; details about its team, technology, services, launch date and funding have not been disclosed. OCEAN said it will continue operating its transparent, non‑custodial mining pool without interruption, with no reported changes to its payout system or service. The company must clarify its leadership and technical roadmap following Dashjr’s exit, and CONVOY is expected to publish further information about its architecture and intended model.

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Publisher
cryptonews
Reliability
high
Published
8/31/2026, 10:00:23 AM
Retrieved
8/31/2026, 10:00:23 AM
Relevance
80%
Confidence
85%
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