Tether Introduces Innovative Mining Software Aimed at Enhancing Operational Efficiency and Scalability

2023-8-7 13:20

“Tether Unveils Cutting-Edge BTC Mining Software to Elevate Operational Efficiency”

Presenting their latest innovation, Tether introduces a state-of-the-art Bitcoin (BTC) mining software designed to optimize the management of mining capabilities.

The developers at Tether have revealed plans to launch revolutionary JavaScript libraries that streamline the transmission of commands and signals to various BTC mining hardware, encompassing renowned models such as WhatsMiner, AvalonMiner, and Antminer.

In a post on the X platform (formerly known as Twitter), Paolo Ardoino, the Chief Technology Officer of Bitfinex and Tether, hinted at the potential future availability of specific components of this mining software on open-source platforms. The primary focus of Tether’s BTC mining software is to elevate the efficiency in mining capacity management, leading to enhanced overall operational effectiveness.

Ardoino, a key contributor to Moria, an orchestration tool for mining farms, underscored the utilization of cutting-edge Holepunch technology in all recent advancements. He previously shed light on Moria’s functionalities, outlining its role in facilitating seamless and secure communication among BTC mining ecosystem components. This is achieved through a streamlined and robust framework, resistant to potential attacks, and ensuring cost-efficient operations.

Ardoino further elucidated the unique cryptographic approach in which each miner possesses a distinct public/private key pair. This setup ensures encrypted and secure data flow using hyper cores, while command reception occurs through hyper swarms. Notably, this novel approach simplifies firewall configurations, augments resilience against failures, supports hassle-free replication across various sites, and establishes a new benchmark in maintainability and modularity compared to previous endeavors.

Despite navigating legal and regulatory complexities, Tether has remained a steadfast participant in the dynamic cryptocurrency mining landscape. Underscoring their commitment, the company announced their intention to allocate a portion of monthly profits towards BTC acquisition. This commitment coincided with Tether’s noteworthy investment in sustainable BTC mining and energy production in Uruguay, in collaboration with a local enterprise.

Uruguay’s reputation for robust renewable energy infrastructure serves as an ideal backdrop for such endeavors. The nation boasts nearly 100% renewable energy utilization, harnessed from abundant natural resources, showcasing a harmonious blend of innovation and environmental consciousness.

Сообщение Tether Introduces Innovative Mining Software Aimed at Enhancing Operational Efficiency and Scalability появились сначала на Coinstelegram.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Speed Mining Service (SMS) на Currencies.ru

$ 1.9622 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $1.9622 - H: $1.9622
Капитализация $205.406k Rank 99999
Доступно / Всего 104.68k SMS

mining software tether efficiency operational btc introduces

Источник: coinstelegram.com

mining software → Результатов: 126


Wings Mobile Bitwings (BWN): Smartphone Cryptocurrency Mining?

What Is Wings Mobile? Established in 2009, Wings Mobile is a Spanish virtual mobile operator that focuses in the development of software, smartphones, and laptops. Wing Mobile aims at incorporating security protocols and tools within their products, which will enable the product users to seamlessly trade in the cryptocurrency market as well as make crypto payments […]

2019-2-24 15:36


Фото:

Bloq Labs Reveals Software Suite That Aims to Increase Hash Power by Double Digits

The blockchain organization Bloq Labs has introduced a beta version of a new software suite for cryptocurrency miners called Titan. Bloq co-founder Jeff Garzik announced the project at the recent Binance conference in Singapore and claims the protocol can maximize a mining machine’s hashrate by double digits with thoughtful configuration and dynamic adjustment.

2019-1-27 20:20


Фото:

Bitmain Reportedly Will Sack More Than Half of Workforce

The Chinese crypto mining company Bitmain has apparently been hit hard by the bear market and is looking to sack more than half of their entire workforce. Credible rumors of this story first began to circulate on Maimai, China’s equivalent to LinkedIn, as anonymous sources on a site frequently used by Bitmain employees began reporting that the company was looking at massive layoffs in the next several days.

2018-12-29 21:20


Фото:

Bitmain Reportedly Will Sack Up to 85 Percent of Workforce

The Chinese crypto mining company Bitmain has apparently been hit hard by the bear market and is looking to sack more than half of their entire workforce. Credible rumors of this story first began to circulate on Maimai, China’s equivalent to LinkedIn, as anonymous sources on a site frequently used by Bitmain employees began reporting that the company was looking at massive layoffs in the next several days.

2018-12-27 21:20


Check Point Software Detects ‘KingMiner’ Crypojacking Malware Is Evolving Amongst Crypto Mining Bots

Just When You Thought It was Safe To Go Into Mining: New Mining Malware Seen To ‘Evolve' According To Researchers According to new research by the Israel-based cybersecurity company, Check Point Software Technologies, a new form of crypto mining malware, referred to as ‘KingMiner‘ is seen to be ‘evolving'. This news is according to research […]

2018-12-1 23:34


Фото:

Pirated Content and Software Drives Malicious Crypto Mining, Says New Report by Kaspersky Lab

Cryptocurrency mining malware attacks, which infected over five million people in the first three quarters of 2018 alone could be entering your systems via pirated software and content. Malicious cryptocurrency mining is the biggest threat to internet users in 2018, leaving behind ransomware which had been most prevalent over the last few years.

2018-11-30 15:59


Kaspersky Warns Of The Crypto Mining Malware Bots Boom Amid Market Uncertainty

Kaspersky Labs has been growing in stature since its inception in 1997. The cybersecurity and anti-virus provider naturally keeps a close eye on market trends to better combat threats. In a recent blog post, they have noticed a trend which suggests that botnets have started being re-purposed for distribution of illicit crypto mining software. The malware […]

2018-11-30 10:43


Фото:

Bitfury Acquires Minority Stake in Final Frontier, Aims To Expand Services

The Bitfury Group has acquired a minority stake in blockchain services firm Final Frontier. Both organizations are looking to utilize each other’s knowledge and experience in the traditional and digital finance spaces to potentially release a new line of financial products and services designed to assist professional investors in getting their hands on digital assets.

2018-11-14 00:53


Фото:

BitFury $80M Funding Round Attracts Galaxy Digital’s Novogratz

Bitcoin mining infrastructure company BitFury Group has closed a private funding round worth $80 million from both global and cryptocurrency-focused investors. Cash To Fund ‘Hardware And Software’ Objectives In a press release November 6, BitFury, which is also rumored to be planning an IPO, revealed Mike Novogratz’s Galaxy Digital to be among the participants in the round, which was led by European venture capital firm Korelya Capital.

2018-11-7 11:00


Фото:

App Mining; Blockstack’s Method of Rewarding Decentralized Applications

The Internet has evolved over a couple of decades and has changed the way software companies work and make money. In the nascent days of the internet, software developers spent time in building some crucial infrastructure and shared protocols like HTTP, SMTP, and TCP/IP which opened doors to the world wide web – the browsers, websites and all the present.

2018-11-5 16:00


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Maker whale activity surges by 1400% - Time for MKR's price to break out?

Large transaction volumes for Maker rose by over 1,400% in just two days  Despite rising whale activity, technical indicators and on-chain metrics flashed mixed signals for MKR  Maker (MKRThe post Maker whale activity surges by 1400% - Time for MKR's price to break out? appeared first on AMBCrypto.

Is Ethereum set to outperform Bitcoin? Key data suggests...

Analysts predicted that Ethereum could outperform Bitcoin due to key indicators. Ethereum spot ETF inflows and ascending price channels indicated potential price targets up to $10,000. EtherThe post Is Ethereum set to outperform Bitcoin? Key data suggests... appeared first on AMBCrypto.

QNT's latest breakout can push altcoin's price to THIS level...

QNT's breakout from its descending trendline and bullish indicators signaled potential gains to $229 On-chain metrics and declining exchange reserves highlighted growing demand and reduced sellThe post QNT's latest breakout can push altcoin's price to THIS level... appeared first on AMBCrypto.

XRP's $1 at risk? As trading volume drops 77%, concerns rise

XRP's $1 milestone seemed uncertain, as daily active addresses declined significantly. Ripple's trading volume dropped from almost $3 billion to around $207 million. After months of consolidThe post XRP's $1 at risk? As trading volume drops 77%, concerns rise appeared first on AMBCrypto.

NEAR rallies 12% in 7 days: Is $8 on the cards?

NEAR traded at $5.79 at press time, gaining 12% in seven days with $712M daily trading volume and $7B market cap. Futures Open Interest dropped 5% while TVL hit $260M, signaling steady ecosysteThe post NEAR rallies 12% in 7 days: Is $8 on the cards? appeared first on AMBCrypto.

TRON's USDT dominance - Here's what that means for TRX's price

TRX recorded gains of over 26.17% in the last 30 days TRON's USDT weekly volume surpassed 150 billion - A sign of strong adoption TRON, at the time of writing, was valued at $0.1986 with a mThe post TRON's USDT dominance - Here's what that means for TRX's price appeared first on AMBCrypto.

CVX crypto soars 20% in 24 hours - Is $5 the next target?

CVX crypto pumped 83% on the 19th of November; will the uptrend continue?  A notable whale could have triggered the wild upswing, per an analytics firm.  Convex Finance’s native token, CThe post CVX crypto soars 20% in 24 hours - Is $5 the next target? appeared first on AMBCrypto.