Tether, issuer of USDT, is emerging as a strong supporter of Bitcoin, rising to the 11th rank among major holders. Recently, images of Tether Energy containers have been making the rounds at X following announcements from the CTO regarding its Bitcoin mining plans in Latin America.
Tether Energy container mystery is igniting the crypto sphere
Tether, currently in a daring flirtation with Bitcoin, is making headlines. Positioned as the 11th largest BTC holder, stablecoin issuer USDT shows no signs of slowing down. In an exciting new initiative, Tether is about to dive into the world of Bitcoin mining operations in Latin America. An announcement that shook the crypto community and raised high expectations.
On August 24, Paolo Ardoino, Tether’s Chief Technology Officer, kicked off a whirlwind of excitement by sharing an enigmatic photo on the web. In this image, a container proudly displayed the Tether Energy logo. This mysterious revelation immediately sparked an avalanche of speculation regarding Tether’s intentions in Bitcoin mining.
However, Ardoino quickly lifted the veil on the mystery, revealing that this container was at the heart of a future Bitcoin mining site, set to go live in the coming weeks. This intriguing revelation has aroused the curiosity of sharp minds, but the precise details of the location remain closely guarded.
” Or ? In Latin America. We prefer to keep the exact locations confidential to avoid any inconvenience to our team, a necessary precaution given the number of Tether-obsessed detractors,” he explained.
Although mystery surrounds the precise location of these mining activities, Paolo Ardoino addressed the security concerns that prompted this decision. While the site is located somewhere in Latin America, Ardoino stressed the importance of not revealing the exact location in order to avoid any risk of security or harassment.
Tether: Heading to Bitcoin Mining!
Tether does not hide its determination to make Bitcoin its champion. Last May, the company had already announced its intention to invest 15% of its profits in Bitcoin. Today, these new initiatives seem to fit perfectly into this dynamic strategy.
Paolo Ardoino, always positive about the future of these mining operations, plans a launch with great fanfare in September. The Tether team is working tirelessly to bring this ambitious project to life.
“The works are progressing well, the team is incredibly enthusiastic and working at full speed to launch operations in the coming weeks,” does he have sharing.
This initiative by Tether follows the announcement of a mining software called Moria, intended to bring more transparency to the Bitcoin mining industry. Ardoino highlighted the need for further analysis and evaluation of performance in Bitcoin mining.
Moria, based on an Artificial Intelligence base, will provide even more detailed analyzes on the energy production within Bitcoin mining sites, thus making it possible to optimize the overall performance of the site and its environment.
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