TechFlow news: The Bitcoin mining pool OCEAN, led by Jack Dorsey and Bitcoin core developer Luke Dashjr, has established a new international business development center headquartered in San Salvador, El Salvador, to help advance global decentralization of Bitcoin mining.
The decision follows the Salvadoran government's positive stance toward Bitcoin, in stark contrast to restrictions on Bitcoin mining in other countries. The Salvadoran government has taken a series of initiatives, including becoming the first country to recognize Bitcoin as legal tender and planning to utilize volcanic geothermal energy for Bitcoin mining.
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