The USDt issuer plans to launch its open-source project by the fourth quarter of 2025, according to CEO Paolo Ardoino.
Stablecoin issuer Tether plans to open-source its Bitcoin mining software, a move the company said would allow new miners to enter the market without relying on expensive third-party vendors.
By open-sourcing its Bitcoin Mining OS (MOS), “A horde of new Bitcoin mining companies will be able to enter the game and compete to keep the network safe,” Tether CEO Paolo Ardoino said in a Monday X post.
Ardoino described MOS as scalable and modular, “built with a peer-to-peer [Internet of Things] architecture at its core.”