Three months after announcing their plans to engage in Bitcoin mining in Latin America, Tether, the issuer of the world’s largest stablecoin USDT, is readying to deploy their first rigs. According to chief technology officer Paulo Ardoino, Tether Energy is operationalizing their miners at a disclosed location in Latin America.
Tether Energy All Set To Mine Bitcoin
In a tweet on August 26, Ardoino, dismissing speculations and rumors, said the site is “progressing well, and everyone in the team is super excited and working around the clock to start operations in the next few weeks.” However, to prevent unnecessary “harassment,” the CTO chose not to divulge the exact location of the mining farm.
As of August 26, it is not immediately clear when Tether Energy will exactly connect to the Bitcoin network and strengthen the world’s largest crypto platform, competing with other established mining pools and farm operators…
