Tether to reveal OS source code for bitcoin mining

Tether, the issuer of the USDt stablecoin, has announced its intention to open source its bitcoin mining operating system. The project, called Mining OS (MOS), is set to launch in the fourth quarter of 2025. According to CEO Paolo Ardoino, the solution is aimed at reducing the industry’s dependence on expensive third-party solutions.

MOS will be scalable and modular, built on a peer-to-peer Internet of Things architecture. It will support an infrastructure with multiple containers and power devices, allowing for greater mine management capabilities. Ardoino says the system will provide flexibility and independence for new market entrants.

Tether is already involved in promoting decentralization in the Bitcoin ecosystem. In April, the company transferred a portion of its hashrate to the decentralized Ocean pool. The new project expands these efforts by offering miners free access to an efficient and secure system.

Amid looming post-Halving pressure, miners are diversifying their business models. Major players are expanding bitcoin treasuries or moving into AI. For example, Hive Digital generated more revenue from AI-loads than from mining and is now betting on computational services.

By contrast, some companies are increasing their focus on bitcoin. Cango made more than $100 million in just two months by selling inefficient assets and focusing on mining. Disclosure of the MOS code may support similar strategies of smaller players, intensifying competition.

Ardoino emphasizes that miners don’t need third-party vendors if they get access to quality open source software.