“Most mining infrastructure is still built as sealed, fixed units, which makes it expensive to scale and inefficient to run,” said Tether CEO Paolo Ardoino, in a statement. “Tether is revisioning that concept by deploying modular compute that can be tuned, upgraded, and cooled independently, so we can directly control cost, efficiency, and how these systems perform at scale.”
The industrial-scale design marks a departure from consumer mining equipment. ACME Swisstech President Giv Zanganeh described the collaboration as enabling "mining systems that are radically different from today's plug-and-play, retail-oriented products in the market," taking "a holistic, industrial co-design approach aimed at large-scale operations."
Canaan, which specializes in ASIC design and mining hardware manufacturing, brings established expertise to the partnership. The collaboration reflects Tether's broader push into mining infrastructure control, building on its previous development of an open-source Mining OS and Mining SDK, the latter of which was released on Monday.
No release timeline for the Bitcoin mining hardware was revealed, nor did Tether share any imagery of the planned designs. Decrypt reached out to Tether on both points but did not immediately receive a response.
