Tether Issuer Stablecoin plans to open Bitcoins software, which, according to the company, allowed fresh miners to enter the market without relying on high-priced third -party suppliers.
Based at the open level of the Bitcoin Mining operating system (MOS), “Horde of new Bitcoin mining companies will be able to enter the game and compete to ensure network security,” said President Tether Paolo Ardoino on Monday X.
Ardoino described MOS as scalable and modular, “built of peer-to-peer [Internet of Things] Architecture at the base. ”
He said that the fresh operating system would support existing mining infrastructure, including several containers and other energy devices.
Ardoino said that the project would be introduced until the fourth quarter of 2025.
The fresh project extends Tether’s constant efforts in promoting decentralization in the Bitcoin ecosystem. In April, the company established cooperation with Ocean Mining Pool to lend a hand decentralize the building of blocks, committing its current and future Hashrate to the protocol.
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Bitcoin miners diversify
Gigantic Bitcoin miners have a significant advantage over smaller players due to their scale benefits, the ability to negotiate favorable power contracts and increased hashrat. However, even these vast players diversify their business strategy to remain competitive in the world after wear.
Some miners have built vast bitcoins (BTC) to utilize the recognition of the price of assets on the bull market, while others changed the purpose of NGU in the applications of artificial intelligence.
In the case of Hive Digital, AI’s revenues generated much more income than cryptographic extraction, which prompted the company to invest more in this area.
“Institutions are much more interested in our artificial intelligence than Bitcoin,” said Frank Holmes, executive president of Hive, Cointelegraph in September.
Despite this, some companies went to Bitcoin, abandoning less competitive parts of their business. For example, Bitcoin Miner Cango generated Bitcoin worth over $ 100 million in just two months after selling older activities to focus only on mining activities.
https://www.youtube.com/watch?v=jtzg-ijdfwc
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