The Tether development team is nearing completion of advanced mining libraries

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In a recent tweet dated August 5, 2023, Paolo Ardoinothe Chief Technology Officer (CTO) of Tether and Bitfinex, revealed that the Tether development team is aware verge of completing a set of “well-polished” JavaScript libraries. These libraries are designed to control and use different types of cryptocurrency miners, including WhatsMiners, AntMiners, and Avalon Miners.

Ardoino described the libraries as “genuine high-quality material”, emphasizing their super-modularity and high level of finish. He also shared that he is personally involved in coding the core architecture of Tether’s Moria orchestration tool for mining companies, which is based on technology from Holepunch.to, a company where Ardoino also serves as co-founder and Chief Strategy Officer (CSO). . .

Without the need for servers, peer-to-peer (P2P) programs can be created using the Holepunch.to platform. It offers a number of compact JavaScript modules that can be linked together to build various P2P applications ranging from VPNs to communication tools. In addition, without the requirement for operational management, the platform provides tools for distributing programs to any user on any platform. Users only need to download the parts of the software that have changed since the last update, making updates fast and efficient. In addition, as the user base grows, peers who download the applications also rehost them for new peers, boosting the app’s network.

The CTO further hinted at the possible expansion of the energy production monitoring tool, reflecting the growing importance of energy efficiency in cryptocurrency mining operations. This move could potentially give miners valuable insights into their energy usage patterns, helping them optimize their operations for better sustainability.

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In a forward-looking statement, Ardoino suggested that parts of the new technology could eventually be open source. If realized, this could contribute to the broader cryptocurrency community by providing developers and miners with access to advanced tools and libraries.

As of now, the exact timeline for the completion and release of these libraries has not been specified. However, given the advanced stage of development mentioned in Ardoino’s tweet, the crypto community can expect further updates in the near future.

Image source: Shutterstock



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