Tether Stablecoin, which issues stablecoins, has plans to open-source the Bitcoin mining software. This move would enable new miners enter the market and not rely on third-party vendors.
The Bitcoin Mining OS, or MOS (Open Source), is now available to all. “A horde of new Bitcoin mining companies will be able to enter the game and compete to keep the network safe,” The CEO of Tether, Paolo Ardoino, said this in a blog post published on Monday X.
Ardoino defined MOS in terms of scalability and modularity. “built with a peer-to-peer [Internet of Things] architecture at its core.”
He said that the new operating system would support mining infrastructure including containers, power units, and more.
Ardoino has said that the project will be launched by the 4th quarter of 2025.
Tether continues to work on decentralization of the Bitcoin system. The company launched its first product in April. partnered with the Ocean mining pool Decentralize block construction by dedicating its current hashrate and future to the Protocol.
Related: Tether USDT stablecoin seen on Bolivian store price tags
Bitcoin Miners Diversify
The large Bitcoin mining companies have an edge over the smaller miners due to their economies-of-scale, ability of negotiating favorable power contracts and higher hashrate. But even the large Bitcoin miners are changing their strategies to be competitive. post-halving world.
Some miners Bitcoin has built large (BTCSome have used NGUs to create artificial intelligence systems, others are leveraging the price increase of the assets during bull markets.
You can also find out more about the following: Hive DigitalRevenue from AI workloads generated by the company has been significantly higher than that of crypto mining. This has led to a greater investment in this field.
“Institutions are much more interested in us with our AI than Bitcoin,” Frank Holmes, Hive’s executive chairman, said Cointelegraph back in September.
Some businesses have decided to go all-in with Bitcoin and cut out the less competitive aspects of their operation. Bitcoin miner CangoAfter selling its old operations, the company focused solely on mining.
Magazine: ETH whale’s wild $6.8M ‘mind control’ claims, Bitcoin power thefts: Asia Express
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Source: cointelegraph.com
