Tether plans to open-source Bitcoin mining OS; CEO says ‘no need’ for 3rd party vendors

Key Points

  • Tether's Initiative: Tether, the issuer of USDt, plans to open-source its Bitcoin Mining OS (MOS) by Q4 2025, aiming to enable new miners to enter the market without relying on costly third-party vendors.**
  • CEO's Vision: Tether CEO Paolo Ardoino highlighted that the open-source MOS, built on a scalable, modular peer-to-peer IoT architecture, will support existing mining infrastructure and foster competition to secure the Bitcoin network.**
  • Decentralization Efforts: This project builds on Tether’s commitment to decentralization, following their partnership with the Ocean mining pool in April to decentralize block building.**
  • Industry Context: Bitcoin mining is evolving, with large miners diversifying into AI workloads and building BTC treasuries, while others focus solely on mining for competitiveness post-halving.**

Summary

Tether, the stablecoin issuer behind USDt, announced plans to open-source its Bitcoin Mining OS (MOS) by the fourth quarter of 2025, as stated by CEO Paolo Ardoino. This initiative aims to lower barriers for new Bitcoin miners by eliminating the need for expensive third-party vendors, fostering competition to secure the network. Ardoino described MOS as a scalable, modular system with a peer-to-peer IoT architecture, compatible with existing mining infrastructure. This move aligns with Tether’s broader efforts to promote decentralization in the Bitcoin ecosystem, including a prior partnership with the Ocean mining pool to decentralize block building. Meanwhile, the Bitcoin mining industry faces challenges post-halving, with large miners leveraging economies of scale and diversifying into AI workloads or building Bitcoin treasuries for financial stability. Some, like Hive Digital, report higher revenue from AI than mining, while others, such as Cango, focus exclusively on mining, generating significant returns. Tether’s open-source project could reshape the competitive landscape for Bitcoin mining by empowering smaller players.

cointelegraph
June 10, 2025
Crypto
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