OCEAN, a Bitcoin mining pool supported by Jack Dorsey and led by Bitcoin Core developer Luke Dashjr, has opened a new center in El Salvador. This new international hub for business development is based in the capital, San Salvador. According to the company, the hub will support their efforts to decentralize Bitcoin mining globally.

"El Salvador is at the forefront of Bitcoin and Bitcoin mining adoption," said Luke Dashjr, OCEAN's co-founder and CTO. "We believe OCEAN’s presence here will help advance these efforts and create new opportunities both in El Salvador and beyond."

OCEAN President Mark Artymko mentioned that the decision to establish a base in El Salvador was strategic, highlighting the country's supportive stance on Bitcoin mining in contrast to restrictive regulations in places like Venezuela and the EU.

El Salvador's journey with Bitcoin began in 2021 when it became the first country to adopt Bitcoin as legal tender, aiming to enhance financial inclusion and stimulate economic growth. Despite mixed domestic reactions, the international cryptocurrency community largely supported the initiative. Following the legalization of Bitcoin, El Salvador announced plans to mine Bitcoin using geothermal energy from its volcanoes and launched the Chivo Wallet to incentivize adoption, despite facing technical and public acceptance challenges.