TechFlow reported that Mummolin, a decentralized Bitcoin mining pool headquartered in Wyoming, has announced the successful completion of a $6.2 million seed round led by Block CEO Jack Dorsey. Other notable investors participating in the round include Accomplice, Barefoot Bitcoin Fund, MoonKite, NewLayer Capital, and Bitcoin Opportunity Fund.
The OCEAN mining pool is the first transparent and non-custodial platform that enables miners to directly receive block rewards from coinbase transactions, thereby eliminating the risks associated with traditional mining pools withholding payments from individual miners.




