The crypto universe, as vast and complex as it is, remains a space where innovation continually finds its place. In this frantic race for modernization, Tether introduces a major breakthrough: Moria.
Moria: A revival in mining
Recently singled out for its instability, Tether does not sit idly by. Much more than just a supporter of Bitcoin (currently the 11th largest holder), the company is reinventing itself by offering an innovative tool intended to transform the world of bitcoin mining.
The bitcoin mining industry is often criticized for its inconsistencies and not always efficient methods. Paolo Ardoinothe CTO at the head of Bitfinex and Tether, took the stage to present Moria, which, far from being a traditional mining solution, offers completely new perspectives.
According to him, Moria is more than just a tool: it is a bold response to the current challenges of the sector. This software, equipped with an orchestration module called “Ork”, is designed to process data in an innovative way.
No more bad treatment techniques and standardized approaches. Instead, Moria relies on an approach based on Artificial Intelligence to analyze and aggregate information. As Ardoino pointed out on Twitter : “ Imagine a bitcoin mining site. It brings together tens of thousands of miners… It’s basically a huge IoT project. »
Software with expanded horizons
But where Moria really transcends expectations is in its versatility. It is not only designed for bitcoin mining. Beyond that, Moria is also cut out for energy production.
In May 2023, Uruguay saw Tether invest in green bitcoin mining, marking the company’s commitment to sustainability. Tether’s ambitions don’t stop there.
Their development is ready to connect a multitude of devices, “tens of millions”, as the CTO reminds us. A technical feat that underlines the vision of Tether: design a system that is both robust and scalable.
Tether’s announcement of Moria is not just a significant milestone for the company, but a transformation for the bitcoin industry as a whole. With over 30 modules and services, Moria is positioned at the forefront of technology, ready to reshape our understanding of mining. Tether’s next steps are eagerly awaited, because if the launch of Moria is any indication of what’s to come, the future looks bright. Robert Kiyosaki predicts bitcoin could hit $100,000.
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