Bitcoin Mining Industry Splits: A 16-Year Veteran Developer Is Bought Out and Cut Out—Should Hash Power Move, Too?
Bitcoin has been unusually steady these past few days, moving only 0.08% over 24 hours, hovering near $78,000. Outside, oil prices are surging and U.S. stocks are sliding—but Bitcoin hasn’t blinked an eye. The more flat the price seems, the more lively things underneath often get—this time, the issue is with mining.
On August 29, the mining pool OCEAN issued a joint statement: co-founder Luke Dashjr, a core Bitcoin developer who has worked there for 16 years, officially left. The parent company has fully repurchased his equity. Next, he plans to strike out on his own—founding a new mining pool, CONVOY—continuing to push the same idea of “decentralizing mining.” On the surface, it looks like a peaceful split, but anyone who knows the space understands this is a route-and-strategy disagreement. Over the years, Dashjr has consistently argued for decentralizing mining; as the pool’s future direction has diverged, the gap only widened—until he simply took the money and walked away. #BTC走势分析
What’s really worth thinking about is this: will the hash power move with him? In this kind of business, both people and machines can relocate. What Dashjr is taking away isn’t just his reputation, but also a batch of miners who share the decentralization philosophy. OCEAN’s current hash rate data is still fairly steady, but once a “route” has cracked—even just a crack—it’s hard to patch up afterward. #比特币守稳78000美元上方
On the same day, Binance’s other major coins were generally unremarkable: ETH fell 0.91%, BNB fell 1.14%, and no one jumped out as the main character. That suggests this mining-industry headline hasn’t scared the market prices for now—but it does remind everyone of one thing: in the crypto world, what’s truly valuable often isn’t on the K-line, but in “who stands with whom.” #比特币8月上涨23%跑赢黄金股市
When hash power is distributed among smaller miners, the network becomes truly robust; when a group comes together and actually puts in the work, that power lands. You can create K-lines by pulling the market, but you can create history only by gathering together—some projects 🐶 bet on the latter. #小狗狗
🐶 Come take a look at Old Ma’s little doggo ✨🚀 #馬斯克
Bitcoin has been unusually steady these past few days, moving only 0.08% over 24 hours, hovering near $78,000. Outside, oil prices are surging and U.S. stocks are sliding—but Bitcoin hasn’t blinked an eye. The more flat the price seems, the more lively things underneath often get—this time, the issue is with mining.
On August 29, the mining pool OCEAN issued a joint statement: co-founder Luke Dashjr, a core Bitcoin developer who has worked there for 16 years, officially left. The parent company has fully repurchased his equity. Next, he plans to strike out on his own—founding a new mining pool, CONVOY—continuing to push the same idea of “decentralizing mining.” On the surface, it looks like a peaceful split, but anyone who knows the space understands this is a route-and-strategy disagreement. Over the years, Dashjr has consistently argued for decentralizing mining; as the pool’s future direction has diverged, the gap only widened—until he simply took the money and walked away. #BTC走势分析
What’s really worth thinking about is this: will the hash power move with him? In this kind of business, both people and machines can relocate. What Dashjr is taking away isn’t just his reputation, but also a batch of miners who share the decentralization philosophy. OCEAN’s current hash rate data is still fairly steady, but once a “route” has cracked—even just a crack—it’s hard to patch up afterward. #比特币守稳78000美元上方
On the same day, Binance’s other major coins were generally unremarkable: ETH fell 0.91%, BNB fell 1.14%, and no one jumped out as the main character. That suggests this mining-industry headline hasn’t scared the market prices for now—but it does remind everyone of one thing: in the crypto world, what’s truly valuable often isn’t on the K-line, but in “who stands with whom.” #比特币8月上涨23%跑赢黄金股市
When hash power is distributed among smaller miners, the network becomes truly robust; when a group comes together and actually puts in the work, that power lands. You can create K-lines by pulling the market, but you can create history only by gathering together—some projects 🐶 bet on the latter. #小狗狗
🐶 Come take a look at Old Ma’s little doggo ✨🚀 #馬斯克
