This presents a problem on multiple fronts. Pools custodying miners funds gives them the ability to withhold payments and coerce actual miners to behave or act a certain way. Large pools can actively censor transactions if they choose, or were mandated to by governments, using the hashrate of their customers.
Ocean announced their launch today as the first mining pool to comprehensively address these growing and worrisome trends in the space. It's time to fix Bitcoin mining.
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