- Tether has announced new modular Bitcoin mining systems developed with partners Canaan Inc. and ACME Swisstech.
- The architecture separates compute, power, and cooling components, allowing independent upgrades and optimization for large-scale operations.
- This industrial-scale approach contrasts with traditional sealed mining hardware and is part of Tether’s expansion beyond its core stablecoin business.
- The company also recently released an open-source Mining SDK and is building decentralized AI infrastructure.
Tether has unveiled plans for modular Bitcoin mining hardware, developed in partnership with Nasdaq-listed Canaan Inc. and ACME Swisstech, aiming to revolutionize industrial-scale operations. The new systems separate the compute, power, and cooling components, a design allowing operators to upgrade and tune each element independently without replacing entire machines.
CEO Paolo Ardoino stated, “Most mining infrastructure is still built as sealed, fixed units, which makes it expensive to scale and inefficient to run,” emphasizing the need for direct control over cost and efficiency. Consequently, the collaboration targets a holistic, industrial co-design approach that departs from consumer plug-and-play products.
ACME Swisstech President Giv Zanganeh described the goal as creating “mining systems that are radically different from today’s retail-oriented products.” This initiative builds on Tether’s broader push into mining infrastructure, following its earlier release of an open-source Mining OS and a Mining SDK this week.
Meanwhile, this modular concept parallels efforts by other industry players, such as Jack Dorsey’s Block and its modular Proto Rig units revealed last year. No release timeline or imagery for Tether’s hardware has been shared publicly, however, leaving key details undisclosed.
Tether’s mining hardware expansion occurs as many mining firms pivot focus toward providing AI compute. The company’s strategy also includes building decentralized AI infrastructure via its QVAC technology, marking a significant diversification from its core USDT stablecoin business.
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