TREE NEWS update: Bitcoin mining pool OCEAN announced the departure of co-founder Luke Dashjr, who resigned as chairman, CTO, and director after mutual agreement, with OCEAN buying back his equity. The split stems from differing visions for Bitcoin mining’s future. Dashjr will join a new project called CONVOY, while OCEAN continues its transparent, non-custodial pool services.
Luke Dashjr Leaves OCEAN, Launches New Mining Project CONVOY
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AI take
The split signals a potential divergence in Bitcoin mining philosophy, with Dashjr's departure possibly indicating a push toward more radical decentralization or protocol-level changes, while OCEAN retains its transparent model. This matters for miners and industry watchers, as it could fragment the pool's strategic direction or spur competition. The key is whether CONVOY introduces technical innovations that challenge existing pool dynamics, and how OCEAN's roadmap evolves without its technical co-founder. What to watch is whether Dashjr's new project gains traction or remains niche.
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