Bitcoin

<a href="https://ultramining.com/news/en/innovative-mining-pool-ocean-launches-with-jack-dorseys-backing/" rel="noopener noreferrer nofollow">Ocean</a> <a href="https://ultramining.com/en/ratings/" rel="noopener noreferrer nofollow">Mining Pool</a>, a trailblazer in the Bitcoin mining sector, has achieved a groundbreaking <a href="https://ultramining.com/news/en/bitcoin-miners-set-for-a-tough-ride-as-2024-halving-nears-jp-morgan/" rel="noopener noreferrer nofollow">hash rate</a> of 525 Ph/s. This remarkable feat was highlighted following their successful mining of Bitcoin block number 823,129. The block, unearthed at 07:58 am GMT, rewarded Ocean with an impressive 7.412 Bitcoin, inclusive of 1.162 Bitcoin in fees, according to <a href="https://cryptoslate.com/insights/ocean-mining-pool-achieves-525-ph-s-hash-rate-after-third-bitcoin-block-win/" rel="noopener noreferrer nofollow">Cryptoslate</a>.
What sets Ocean apart is their innovative "filtered" mining approach. This strategy, as detailed by Mononaut of BitfeedLive and mempool, involves mining blocks with fewer transactions - just one inscription and 54 op_returns, primarily Runes, for the latest block. While this method curtails fee earnings by approximately 11.03%, it only marginally impacts the total block reward, a strategic trade-off for cleaner block <a href="https://ultramining.com/news/en/bitcoin-miners-set-for-a-tough-ride-as-2024-halving-nears-jp-morgan/" rel="noopener noreferrer nofollow">production</a>.
Ocean's ascent in the Bitcoin mining landscape is rapid and noteworthy. Starting operations only a month ago, their surge to a 525 Ph/s hash rate demonstrates a robust and efficient mining capability. This accomplishment underscores the pool's technical sophistication and potential to reshape the decentralization of Bitcoin mining.
The story of Ocean Mining Pool is a significant marker in the crypto narrative. Their success not only exemplifies the potential and innovation within the Bitcoin mining community but also reflects the ongoing evolution and dynamism of the cryptocurrency market.&nbsp;

Ocean Mining’s Breakthrough: Hitting 525 Ph/s in Bitcoin Hash Rate

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