Tether to Open Source Bitcoin Mining Operations by Q4 2025
From Cointelegraph
June 9, 2025 11:38 am:
Stablecoin issuer Tether is open-sourcing its Bitcoin mining software to allow new miners to enter the market without relying on expensive third-party vendors. The Bitcoin Mining OS (MOS) is scalable, modular, and built with a peer-to-peer architecture. The project is expected to roll out by the fourth quarter of 2025.
Bitcoin miners are diversifying their business strategies to remain competitive in a post-halving world. Some miners have built large Bitcoin treasuries, while others have repurposed NGUs for AI applications. Revenue from AI workloads has generated more income for some companies than crypto mining, prompting more investment in this area.
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1. Bitcoin hits new all-time high of $60,000 as institutional investors continue to embrace cryptocurrency. Market cap surpasses $1 trillion for the first time. Experts predict further growth as mainstream adoption increases.
2. Ethereum also surges to a record high, crossing $2,000 for the first time. Demand for decentralized finance (DeFi) applications drives the price up, with experts anticipating more upside potential.
3. Ripple co-founder sells off $75 million worth of XRP, raising concerns among investors. The move comes amidst ongoing legal battles with the SEC over alleged securities violations. Ripple’s future outlook remains uncertain as the case unfolds.: Tether to Open Source Bitcoin Mining Operations by Q4 2025