the Bitcoin mining pool backed by Jack Dorsey and spearheaded by longtime Bitcoin Core developer Luke Dashjr, announced today that it has formed an entity in El Salvador, which will function as the company’s international hub of business development. OCEAN MINING S.A. de C.V will be headquartered in the capital city of San Salvador, and plans to use this hub to continue the advancement of decentralization of Bitcoin mining across the globe.

El Salvador has earned itself the esteemed title of “Bitcoin Country'' as a result of its decision to not only make Bitcoin legal tender in 2021 but also in remaining steadfast in their commitment to Bitcoin only. It is, in fact, in large part because of the Bitcoin Country brand that OCEAN, the only mining pool focused exclusively on Bitcoin, is interested in establishing a presence in the country so as to differentiate themselves from other more crypto focused mining pools.

Stacy Herbert of El Salvador’s Bitcoin Office welcomed the news by OCEAN, saying, “This decision by the OCEAN Mining team reaffirms that the Bitcoin-first culture we are building in El Salvador is providing the tools that entrepreneurs around the world need to thrive in a Bitcoin economy. We welcome OCEAN and all other companies working to advance Bitcoin adoption.”

https://newsdirect.com/news/ocean-establishes-global-hub-in-el-salvador-835244021