#Tether has introduced a new mining software to increase mining efficiency and capacity.
This software, created to facilitate the transmission of commands and signals to Bitcoin using innovative JavaScript libraries, allows for more efficient management of mining capacity.
Tether aims to increase efficiency with mining software
Paolo Ardoino, Tether's chief technology officer, shared on Twitter that there are plans to make certain parts of this mining software available on open source platforms in the future. Tether BTC mining software, which aims to lead to more effective operations thanks to the efficient management of mining capacity, is seen as an important step in the industry.
Ardoino also stated that it is the main contributor to Moria, an orchestration tool for mining farms, and that this new software was created using Holepunch technology. Moria enables communication between components in the BTC mining ecosystem, enabling interaction with modern, secure, Decryptable and cost-effective tools.
Despite facing legal challenges and regulatory actions, Tether continues to operate in the cryptocurrency mining industry. The company plans to allocate a certain part of its monthly profit to buying BTC and announced that it will invest in energy production and sustainable BTC mining in Uruguay through a collaboration with a local company. Uruguay is known for its solid infrastructure in the renewable energy sector and obtains about 100% of its natural resources from renewable sources. #BTC #Binance
