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OCEAN co-founder Luke Dashjr exits Bitcoin mining pool, plans new venture CONVOY

Protocol Fundamentals
30 Aug 2026
Crypto news
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Luke Dashjr, co-founder of Bitcoin mining pool OCEAN, resigned as chairman, CTO, and director after a mutual agreement with parent company Mummolin Inc., which repurchased all his equity. The split was due to differing visions for Bitcoin mining following recent protocol changes, though no specific technical disputes were detailed. Dashjr plans to launch a new project called CONVOY to continue promoting decentralized Bitcoin mining, but details remain undisclosed. OCEAN will continue operating its transparent, non-custodial mining pool without him, maintaining its existing mining arrangements and services.

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