Tether Issuer Stablecoin announced that he intends to implement his existing and future Hashrate Bitcoin to the Bitcoin mining pool to strengthen the decentralization of the network.

“The implementation of hashrate to the ocean equalizes both our mining investments and our broader mission to strengthen Bitcoins against centralizing forces”, Paolo Ardoino, CEO of Tether he said In a statement of April 15.

While the Bitcoin hashrat is decentralized, the block building process carried out by the mining pools is mostly centralized by several dominant actors-especially the US Foundry, Antpool and Viabtc.

The ocean protocol tries to decentralize this process by enabling miners to build their own block templates using an Open Source data report, reducing dependence on centralized intermediaries and increasing resistance to censorship, said Tether.

The implementation of Tether would employ the ocean reference software in all its mining operations around the world, including in rural areas in Africa.

“By enabling the generation of unique block templates on site and aggregating thousands of platform connections with low delay efficiency, the date ensures global competitiveness while promoting geographical and operational diversity,” said Tether.

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Tether is currently implementing Hashrate Bitcoin in places in Uruguay, Paraguay and Salvador, where the main one also has $ 144 billion of the Issuer Stablecoin.

These initiatives appeared at a time when Tether announced that at the end of 2023 he would take $ 500 million into Bitcoin mining.

The ocean was created by the Bitcoin Core developer, Luke Dashjr in 2023 and was supported by such as Block Jack Dorsey CEO. The Ocean also moved its headquarters to El Salvador in May 2024.

Dashjr caused controversy in December 2023, when he slammed Bitcoin Ordinals users for closing the “spam” network. However, he rejected the claim that the Ocean had assessed non -financial transactions similar to the token.

The ocean still has a huge market share for capture

The ocean protocol is currently from 0.2% to 1% of Bitcoin blocks, According to to Mempool.SPACE data.

Over the past week, nine blocks extracted, including two in a row to 892342 and 892343 April 14.

However, the production of the Ocean remains a fraction of the one observed by the US Foundry, Antpool and Vibtc, which extracted 331, 199 and 161 Bitcoins, respectively – constituting over 66% of all blocks.

The partnership at Tether would probably ensure the needed raise in ocean hashrat, which amounted to 18.3 Exahashes per second (EH/s) in the last 24 hours.

For comparison, the US Hashrate Foundry exceeded 298 EH/s at the same time, using Hashrate from such Bitcoin Mining Hut 8, Bitdeer and Bitfarms companies.

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