08.08.2023
Tether releases software to improve profitability of mining operations
08.08.2023
Glory Faleke
Contributor

Tether Limited has released mining software that helps improve the efficiency of mining power management.

The company's developers intend to release innovative JavaScript libraries, including WhatsMiner, AvalonMiner, and Antminer, to facilitate the transmission of commands and signals to Bitcoin.

Bitfinex and Tether CTO Paolo Ardoino wrote a post on social network X (formerly Twitter) that certain features of the mining software will be available on open source platforms.

The main idea of BTC mining software developers is to increase the profitability of mining by increasing the efficiency of capacity management.

Paolo Ardoino emphasized that he is directly coding the basic architecture of the orchestration tool for the Moria Mining Farm.

Earlier, he talked about the functionality and purpose of Moria, which provides communication and interaction between components of the BTC mining ecosystem through optimized, attack-resistant means.

Talking about the benefits of Tether's software, the Bitfinex executive explained that each miner receives a unique key for secure encrypted data transfer via hyper cores. This approach greatly simplifies the complexity of firewall configuration, making it more secure against attacks and failures, as well as simplifying replication between locations.

Other news: KuCoin has strengthened its KYC procedure requirements.