Bitcoin Mining Pool (de)Centralization | Mark Artymko, Center of Hash E004

TFTC: A Bitcoin Podcast

Marty Bent

Technology

4.8 • 764 Ratings

🗓️ 26 August 2025

⏱️ 101 minutes

🔗️ Recording | iTunes | RSS

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Summary

Mark Artymko, President and Co-Founder of Ocean, discusses his nearly two decade career in the power industry as an electrical engineer, how Ocean is helping to reverse the trend of bitcoin mining pool centralization, what the key differences are between Ocean and more traditional mining pools and why bitcoin miners more directly controlling their own hash rate is important to bitcoin decentralization and aligning incentives between pools and miners.

Transcript

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0:00.0	Mark, hey.
0:01.0	Welcome back to Bitcoin Park.
0:03.0	You were here at the Texas Energy Mining Summit.
0:06.0	Yep, I was.
0:07.0	The first one.
0:08.0	And you were also last week at the Proto launch.
0:11.0	How was that?
0:12.0	Oh, that was wild.
0:14.0	Yeah.
0:15.0	Yeah, it was incredible.
0:17.0	Lots of amazing things happening on their hardware side.
0:27.1	And I think it's going to be a step change for how manufacturers approach mining.
0:30.3	Well, that was some big news.
0:35.4	Squares launch of the proto rig and software to helping decentralized mining.
0:37.6	You guys have been hard at work at Ocean,
0:39.7	decentralized mining.
0:41.9	So joined today by Mark Artimco,
0:44.9	who's the co-founder and president of Ocean Mining,
0:46.3	which is a mining pool.
0:52.0	But before we get into the specifics of the pool business of what you guys are doing at Ocean,
0:53.5	you have a long background
0:55.7	in engineering
	...

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