OCEAN, a Bitcoin mining pool backed by Jack Dorsey, is expanding into Central America. The group has announced the opening of a new center in El Salvador, according to a press release issued this Thursday.
Located in the country's capital, this new international headquarters will be the company's business development point and will allow it to continue advancing in the decentralization of Bitcoin mining globally.
"El Salvador is at the forefront of Bitcoin adoption and mining of this cryptocurrency," said Luke Dashjr, co-founder and chief technology officer of OCEAN, explaining the strategic decision to move the company to the country.
Dashjr believes this move will be beneficial for both parties, as it will help the group advance its Bitcoin mining decentralization efforts, while also generating new opportunities for El Salvador and elsewhere.
"El Salvador's political stance has been a stark contrast and a light of hope for the industry," added president Mark Artymko in the same line of thought.
He highlighted that, while other jurisdictions impose bans and restrictions on Bitcoin mining, this Central American country takes a progressive approach to promoting the cryptocurrency.
The decision to establish in El Salvador will not only benefit OCEAN, but will also contribute to the economic and technological development of the region. The presence of a Bitcoin mining pool backed by a figure as influential as Jack Dorsey will undoubtedly attract the attention of investors and entrepreneurs interested in the world of cryptocurrencies.
With this new international headquarters, OCEAN seeks to consolidate its position as a leader in the Bitcoin mining industry and continue promoting the decentralization of this activity worldwide.
The company's commitment to El Salvador reflects its vision of a future in which blockchain technology and cryptocurrencies play a fundamental role in the global economy.
