OCEAN Pledges to Refund BTC After Configuration Error Leads to Chain Split

cryptonews.ruPublished on 2026-08-10Last updated on 2026-08-10

Abstract

The Bitcoin mining pool OCEAN has pledged to compensate miners after a configuration issue caused some operators, who had selected the "non-BIP-110" option, to unknowingly mine on the BIP-110 chain following a chain split. This led to community criticism that the pool's default settings were directing unallocated hash power to the minority chain. OCEAN confirmed the misdirection lasted roughly 18 hours and stated it will distribute approximately 0.3 BTC in direct reimbursements to affected miners based on the rewards they would have earned on the non-BIP-110 chain. Payments are to be made within 72 hours. The pool has now reverted its default endpoint back to the non-BIP-110 chain, though both mining options remain available for operator choice. The incident occurred amid broader debates on how pools handle default settings during contentious network splits, such as the one on August 8th that divided Bitcoin into BIP-110 and original chains.

The Bitcoin mining pool OCEAN has announced it will compensate miners for losses incurred after a configuration issue led some operators to unwittingly mine on the BIP-110 chain despite selecting the 'non-BIP-110' option. This clarification came in response to a wave of critical feedback from the community, including allegations that the pool's default settings directed unallocated hash power from DATUM toward a stuck minority chain.

OCEAN confirmed that for approximately 18 hours, miners using its Stratum templates, believing their hash rate was directed to the 'non-BIP-110' chain, were actually contributing to the BIP-110 fork.

To ensure no miner is disadvantaged, OCEAN stated it will issue direct Bitcoin refunds, calculated based on the block rewards miners would have likely earned on the non-BIP-110 chain during that period.

"Approximately 0.3 BTC will be distributed, with refunds being issued within the next 72 hours. We will publish the transaction details once the payments are sent," OCEAN said in its update.

The pool added that its default endpoint has been restored to the non-BIP-110 chain, though both mining options remain available, allowing operators to choose where to direct their hash power.

This incident occurred amid a broader debate about how mining pools handle default settings during contentious network splits. As reported by Bitcoin.com News, on August 8th, the Bitcoin blockchain split into two chains: one implementing the BIP-110 proposal and the original mainnet. This split was the culmination of several weeks of heated debate between proponents of BIP-110, including Bitcoin developer Luke Dashjr, and critics such as Strategy Chairman Michael Saylor.

While many pools adopted a wait-and-see approach, OCEAN made the bold move of adding two new Stratum endpoints on July 8th: bip110.mine.ocean.xyz (port 3110) and http://no-signal.mine.ocean.xyz (port 3000). At the time, OCEAN presented these additions as an option for miners who could not use DATUM or needed a backup channel.

Following the split, critics like Bitcoin developer Peter Todd argued that OCEAN's default DATUM settings were automatically directing unallocated hash power towards the minority BIP-110 chain. Critics contended that this behavior unintentionally bolstered the minority chain's activity, especially in cases where miners relied on default templates rather than explicitly choosing a chain.

However, the pool appears to have responded to the criticism by announcing that the OCEAN stratum default endpoint would revert to the non-BIP-110 chain, and that miners using the default endpoint did not need to take any action. At that time, OCEAN added that both websites would remain active so clients could choose where to direct their hash rate.

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Related Questions

QWhat was the main issue that led OCEAN to promise to compensate its miners?

AOCEAN's default configuration mistakenly directed some miners' hash power to the BIP-110 fork chain, even when they had selected the 'non-BIP-110' option. This resulted in them mining on a minority chain for approximately 18 hours.

QHow will OCEAN compensate the affected miners?

AOCEAN will pay direct compensation in Bitcoin, calculated based on the block rewards the miners would have earned on the non-BIP-110 chain during the affected period. The total compensation is approximately 0.3 BTC, to be paid within 72 hours.

QWhat change did OCEAN make to its default settings following the incident?

AOCEAN restored its default Stratum endpoint to point to the non-BIP-110 chain. However, both mining endpoints (for BIP-110 and non-BIP-110) remain available for miners to choose from.

QWhat was a key criticism from Bitcoin developer Peter Todd regarding OCEAN's default settings?

APeter Todd and other critics argued that OCEAN's default DATUM settings were automatically directing unallocated hash power to the minority BIP-110 chain, which unintentionally bolstered that fork's activity.

QWhat event preceded this incident involving the OCEAN mining pool?

AThe incident occurred after the Bitcoin blockchain split on August 8th into two chains: one implementing the BIP-110 proposal and the original mainnet. This followed weeks of debate between proponents and critics of BIP-110.

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