Bitcoin Developer Dashjr Steps Down From Ocean Pool

Veteran Bitcoin developer Luke Dashjr has departed Ocean Mining Pool, resigning from his roles as Chairman, CTO and Director. Parent company Mummolin bought back his equity stake in a move both sides described as mutually agreed, citing differing views on Bitcoin mining’s future direction and recent protocol changes. Dashjr, an Ocean co-founder, is launching a new mining venture called Convoy following his exit. Ocean confirmed it will continue running its transparent, non-custodial pool, which distributes mining rewards directly to participants. The resignation comes weeks after Dashjr took leave following the failure of his BIP-110 proposal, a contested initiative that sought to restrict non-financial data storage on Bitcoin.