Premium Only Content

Currently 5 CEOs Control the Bitcoin Network | What Ocean Mining Is Doing to Fix That
TIME STAMPS
0:00 - Intro
2:35 - Motivation Behind Ocean's Relaunch
5:20 - Historical Context of Bitcoin Mining
8:15 - Utility of Bitcoin Mining in Power Grids
15:50 - Introduction of Mark Artemko
20:05 - Bitcoin Mining as a Solution for Stranded Energy
25:30 - Bitcoin and the Concept of Energy Storage
30:10 - Control Room Experiences and Grid Management
38:20 - Bitcoin Mining and Utility Partnerships
45:15 - Stratum Protocols and Mining Centralization Issues
50:00 - The Need for Stratum V2 and Ocean’s Goals
58:30 - Decentralized Block Template Creation at Ocean
1:05:15 - Launching Ocean and Market Reception
1:10:50 - Non-Custodial Payouts at Ocean
1:18:45 - The Role of Jack Dorsey in Ocean
1:25:10 - Closing Thoughts on Bitcoin Decentralization and Future of Mining Pools
Dive deep into the world of Bitcoin mining with Mark Artymko, President and Co-founder of Ocean, a pioneering Bitcoin Mining Pool company. In this exclusive interview, we explore the centralization of Bitcoin mining pools and why it poses one of the biggest risks to the cryptocurrency's decentralized ethos. Mark, with his extensive background in energy sector operations, discusses:
- **The Centralization Problem:** How just a handful of CEOs control the majority of Bitcoin block creation.
- **The Rise of Ocean:** The story behind Ocean's inception, aiming to break the monopoly through decentralization at the pool level.
- **Decentralized Block Template Creation:** Understanding how Ocean's approach returns power to individual miners.
- **Non-Custodial Mining:** Why Ocean's model of direct miner payouts from the blockchain is revolutionary.
- **Stratum V2:** The significance of moving to Stratum V2 for enhanced miner autonomy and security.
- **Future of Bitcoin Mining:** Insights on how the industry might evolve with projects like Jack Dorsey's venture with Elon Musk.
Join us as we unpack the complexities of Bitcoin mining, discuss the implications of centralization, and look at how Ocean is striving to make mining more accessible and less centralized. Don't forget to like, comment, and subscribe for more deep dives into the world of cryptocurrency and blockchain technology!
🔗 Connect with Mark Artymko:
Mark's X: https://x.com/MarkArtymko
Ocean Website: https://ocean.xyz/
Ocean X: https://x.com/ocean_mining
🔔 Subscribe and hit the bell to stay informed on the latest episodes from CypherPunk'd!
To Connect With Us👇
Disclaimer: The content provided in this video is for informational and educational purposes only and is not intended as financial or investment advice. The views expressed in this video are those of the hosts and guests and do not necessarily reflect the position of CP. Viewers are advised to conduct their own research and due diligence or consult a professional financial advisor before making any investment.
-
1:01:13
Cypherpunk'd
1 month ago $0.01 earnedThe Big Print Series: Why Digital Scarcity Changed Everything Forever | Episode 11 of 12
982 -
LIVE
Wendy Bell Radio
5 hours agoThe Easy Way Or The Hard Way
7,345 watching -
LIVE
Matt Kohrs
11 hours agoBuckle Up! Markets Get Tilted || LIVE! Day Trading Futures & Options
846 watching -
LIVE
JuicyJohns
1 hour ago🟢#1 REBIRTH PLAYER 10.2+ KD🟢
68 watching -
LIVE
GritsGG
1 hour agoWin Streaking! Most Wins 3390+ ðŸ§
36 watching -
LIVE
LFA TV
3 hours agoLFA TV ALL DAY STREAM - THURSDAY 8/21/25
5,428 watching -
LIVE
bstrui
58 minutes agoStar Wars Jedi: Fallen Order and maybe a switch up later
35 watching -
4:00:19
The Bubba Army
23 hours agoAnother LopSided Jake Paul Fight? - Bubba the Love Sponge® Show | 8/21/25
88.1K1 -
1:02:42
Dialogue works
1 day ago $4.43 earnedJohn Helmer: Trump Ditches Ceasefire? Despite EU & Zelensky Pressure
62.4K21 -
10:48
Nikko Ortiz
21 hours agoDont Watch These TikToks
94.6K14