Tether To Create A New Software For Crypto Mining
Tether, a stablecoin provider, intends to develop specialized software. It is thought to use data analytics to optimize Bitcoin mining and renewable energy operations.
According to sources, Tether’s Chief Technology Officer, Paolo Ardoino, outlined the details of its in-development mining program. The software is supposed to aid in the improvement of mining site metrics and performance.
Ardoino believes that ensuring data generated by various devices such as miners, containers, and electric transformers, among others, is kept, tracked, and analyzed in real time is critical to optimizing operations.
(With inputs from Shikha Singh)
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