The Stablecoin Tether issuer plans to open its Bitcoin extraction software, a move that the company would allow new minors to enter the market without relying on expensive third -party suppliers.
In Open-Sourcing, its Bitcoin mining system (MOS), “a horde of new Bitcoin mining companies will be able to enter the game and compete to ensure network safety,” said Tether CEO, Paolo Ardodino, in a Monday X Post.
Ardoino described MOS as an evolutionary and modular, “Built with a peer-to-peer [Internet of Things] Architecture at the base.
The new operating system will support existing mining infrastructure, including several containers and other food devices, he said.
Ardoino said the project should be deployed by the fourth quarter of 2025.
The new project develops Tether’s continuous efforts to promote decentralization within the Bitcoin ecosystem. In April, the company has teamed up with The Ocean Mining Pool to help decentralize the construction of blocks by hiring its current and future hashrate of the protocol.
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Bitcoin minors diversify
Large bitcoin minors have a significant advantage over small players due to their economies of scale, the ability to negotiate favorable electricity contracts and an increase in hashrate. However, even these great players diversify their business strategy to remain competitive in a world after the performance.
Some minors have built great Bitcoin vouchers (BTC) to benefit from the appreciation of the prices of the assets during the Haussier market, while others reused NGUs for artificial intelligence applications.
For Hive Digital, IA workload income has generated much more income than the mining of cryptography, which prompted the company to invest more in this area.
“The institutions are much more interested in us with our AI than Bitcoin,” said Frank Holmes, executive president of Hive, in Cointelegraph in September.
However, some companies have done everything on Bitcoin by losing less competitive parts of their operations. Bitcoin Miner Cang, for example, generated more than $ 100 million Bitcoin in just two months after sold its inherited operations to focus only on its mining activity.
https://www.youtube.com/watch?v=jtzg-ijdfwc
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