Bitcoin Insider Exposes the Truth About Bitcoin Censorship | Center of Hash E005

Mark Artemko, co-founder of Ocean Mining, discusses how his two decades in electrical power systems engineering shaped his approach to Bitcoin mining decentralization. The conversation covers Bitcoin's role as flexible grid load, mining pool centralization risks, and Ocean's Datum protocol that enables miners to create their own block templates while sharing variance. Mark explains how traditional FPPS pools have become insurance products that reduce miner revenue compared to Ocean's PPLNS system. The discussion explores censorship resistance, the differences between Datum and Stratum v2, and why Bitcoin mining offers utilities the first controllable load for grid management. Mark outlines Ocean's vision for collaborative mining pools and how block space competition will reshape mining economics in a hyperbitcoinized world.

0:00 - Mark's Power Grid Engineering Background

7:00 - Bitcoin Mining as Grid Load Management Solution

18:06 - Mining Enables Stranded Power Generation

20:08 - Why Ocean Was Founded: Pool Centralization Crisis

28:24 - Modern Pools Beyond Variance Reduction

33:37 - Two Phone Calls Away from Bitcoin Censorship

38:20 - Ocean's Non-Custodial Mining Model

46:22 - Datum Protocol: Miner Sovereignty Mechanics

50:05 - Why Datum Over Stratum v2

58:30 - FPPS vs PPLNS: Revenue vs Cash Flow

1:15:55 - Miner Incentive Alignment and Transaction Filtering

1:29:45 - Five-Year Vision: Collaborative Decentralization