Tether launches open-source MiningOS for Bitcoin mining

[OmegaStarScream]

MiningOS is supposed to be self hosted and is also fully open sourced[1][2]. It's meant to be for any-scale mining operation (home miners, industrial, institutional scale farms)

I'm not into mining myself so I'd like to know how much of a changer that is for the miners out there?

[1] https://x.com/tether/status/2018406288816836847
[2] https://mos.tether.io/

[betswift]

As far as I know, the changer is in the fees.

You typically pay a monthly fee per machine, or, there is an alternative where the software quietly mines for the developer for 1–3% of the time (usually..)

For industrial miners, this instantly recovers 2-3% of their gross revenue, or something along these numbers.

The rest is technicalities.. like the modular system of it all and open-sourceness (which you already told about).. also about the cloud storage.

[ABCbits]

So Tether continue to expand what they offer. Just few months ago, they released open source password manager with P2P capability[1]. I wonder what is their actual goal releasing open source software.

[1] https://tether.io/news/tether-launches-pearpass-a-peer-to-peer-password-manager-to-eliminate-cloud-breach-risks/

[OmegaStarScream]

So Tether continue to expand what they offer. Just few months ago, they released open source password manager with P2P capability[1]. I wonder what is their actual goal releasing open source software.

They're also backing bitcoin scaling solutions like the RGB Protocol and Taproot assets and they have released the Wallet Developement Kit (WDK) not a long time ago as well: https://docs.wallet.tether.io/

Not to mention they also hold a decent amount of BTC: https://bitbo.io/treasuries/tether/

Regardless of what one thinks of USDT and how centralized they are, they seem to be doing some great things for the bitcoin ecosystem.

[Antona]

MiningOS is supposed to be self hosted and is also fully open sourced[1][2]. It's meant to be for any-scale mining operation (home miners, industrial, institutional scale farms)

I'm not into mining myself so I'd like to know how much of a changer that is for the miners out there?

[1] https://x.com/tether/status/2018406288816836847
[2] https://mos.tether.io/

Pretty big deal tbh.
Open-source + self-hosted means no black-box BS and no vendor lock-in.
Small miners get more control, big farms get flexibility and auditability.
Not a magic bullet, but for ops that care about sovereignty and margins? Solid W.

[Ambatman]

So Tether continue to expand what they offer. Just few months ago, they released open source password manager with P2P capability[1]. I wonder what is their actual goal releasing open source software.

[1] https://tether.io/news/tether-launches-pearpass-a-peer-to-peer-password-manager-to-eliminate-cloud-breach-risks/

I have noticed that people especially relating to Bitcoin
Tend to trust teams to promotes and develops open sourced or privacy oriented projects
It usually builds good images and that they are staying true to what Cryptocurrency signify
Even if they may look like a necessary evil.

Regardless of what one thinks of USDT and how centralized they are, they seem to be doing some great things for the bitcoin ecosystem.

And play an important role in the market
Especially with people still used to Dollar as the measure of unit.
Bitcoin success affects their success
It's the first, Their face and picture boy.

[Outhue]

So Tether continue to expand what they offer. Just few months ago, they released open source password manager with P2P capability[1]. I wonder what is their actual goal releasing open source software.

[1] https://tether.io/news/tether-launches-pearpass-a-peer-to-peer-password-manager-to-eliminate-cloud-breach-risks/

The question now is does it makes sense that open source softwares and tools are coming from a well known centralised company? Can they ever be trusted at this point even though we know that Tether has FBI and all governments perfumes written all over them.

Right now this seems like how Binance that's a centralised exchange is offering peer to peer service on their website when they are centralised in and out, I am just saying, it's just a say, but let's see how far they are willing to keep this going but I would have loved if they are completely open source from scratch..

[ABCbits]

So Tether continue to expand what they offer. Just few months ago, they released open source password manager with P2P capability[1]. I wonder what is their actual goal releasing open source software.

They're also backing bitcoin scaling solutions like the RGB Protocol and Taproot assets and they have released the Wallet Developement Kit (WDK) not a long time ago as well: https://docs.wallet.tether.io/

Both example you mentioned have obvious goal though, making more people use USDT (and their other asset). Taproot assets support allows people use USDT on Bitcoin LN, while releasing WDK allow more wallet support their USDT.

But i don't see how password manager and mining OS related with USDT.

Not to mention they also hold a decent amount of BTC: https://bitbo.io/treasuries/tether/

Regardless of what one thinks of USDT and how centralized they are, they seem to be doing some great things for the bitcoin ecosystem.

Fair point. Many other big cryptocurrency company have less or no contribution towards open source ecosystem.