Odaily Planet Daily News Two days ago, Tether Chief Technology Officer Paolo Ardoino released a picture with the words "Tether energy" and a text saying "Tether energy production and Bitcoin mines are progressing smoothly." The community questioned the authenticity of the pictures released by Paolo, saying that they were suspected of being synthesized by software.
Paolo Ardoino responded in a post today that the Bitcoin mine shown in the picture is real and located in Latin America, but in order to prevent being disturbed, it is inconvenient to disclose the specific location; the site is progressing smoothly, and team members are working day and night in order to Operations will begin within the next few weeks.
He added that Tether had launched the "Tether Energy" program a few months ago and was forming partnerships with companies around the world to provide support such as funding, infrastructure, development and general expertise to build renewable energy production and Bitcoin. Coin mine. Tether believes that Bitcoin mining must be as geographically dispersed as possible, with the goal of reducing the current high concentration in specific countries.
Earlier news, Tether participated in Volcano Energy's initial $250 million financing. Volcano Energy, a fully renewable mining facility in El Salvador, will eventually raise $1 billion to build the largest mining facility in the world. Additionally, Tether announced that it is working with a Uruguayan licensed company to launch a sustainable Bitcoin mining operation in Uruguay. Tether is actively looking to expand its team by recruiting experts in the energy field.
Catherine
