Jack Dorsey Helps OCEAN Decentralized Mining Pool Raise $6.2M

Mummolin Inc., under the guidance of Block CEO Jack Dorsey, has successfully raised $6.2 million in seed funding to propel the launch of OCEAN decentralized mining pool.

Ocean is a groundbreaking decentralized Bitcoin mining pool. Joining Dorsey in this venture are notable participants like Accomplice, Barefoot Bitcoin Fund, MoonKite, NewLayer Capital, and the Bitcoin Opportunity Fund, as indicated in an official announcement.

NEW: Block CEO Jack Dorsey leads $6.2M investment round in Eligius Pool, relaunched as OCEAN Pool, a non-custodial #Bitcoin mining pool that claims to offer complete transparency into its operations and miner payments directly from the Bitcoin network…

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