Tether Ventures Boldly Into Bitcoin Mining, Anticipates Major Market Share Growth
Tether Ventures Boldly Into Bitcoin Mining, Anticipates Major Market Share Growth
Creating a strong foothold in the stablecoin market, Tether (CRYPTO: USDT) is now looking to enter the Bitcoin mining space with a significant investment.
Tether（CRYPTO：USDT）在稳定币市场上站稳了脚跟，现在正寻求通过大量投资进入比特币采矿领域。
In the past year, Tether's market cap has grown by 32.7%, reflecting its prominent presence in the cryptocurrency market.
在过去的一年中，Tether的市值增长了32.7％，反映了其在加密货币市场中的突出地位。
What Happened: Tether's incoming CEO Paolo Ardoino announced plans to spend almost $500 million over the upcoming six months to expand into the Bitcoin mining industry, Bloomberg reported. It plans to build mining facilities or acquire stakes in other companies.
发生了什么：彭博社报道，Tether即将上任的首席执行官保罗·阿尔多伊诺宣布计划在未来六个月内花费近5亿美元扩展到比特币采矿业。它计划建造采矿设施或收购其他公司的股份。
Tether announced a $610 million credit facility to Bitcoin mining company, Northern Data AG in November after it had acquired shares in the firm in September.
Tether于11月宣布向比特币矿业公司Northern Data AG提供6.1亿美元的信贷额度，此前该公司于9月份收购了该公司的股份。
This step could not only diversify Tether's profit avenues but also could shuffle competition levels for USDT's finite token supply. Currently, Tether makes money from managing U.S. Treasury bills and other assets in USDT's $87 billion reserve, accumulating around $3.2 billion in excess cash as of Sep. 30, 2023.
这一举措不仅可以使Tether的盈利途径多样化，而且还可能改变USDT有限代币供应的竞争水平。目前，Tether通过管理USDT的870亿美元储备中的美国国库券和其他资产来赚钱，截至2023年9月30日，累积了约32亿美元的多余现金。
Ardoino will become Tether CEO in December 2023 and will also retain his chief technical officer position at parent company Bitfinex.
阿尔多伊诺将于2023年12月出任泰达币首席执行官，还将保留其在母公司Bitfinex的首席技术官职位。
Read Next: Tether Names Paolo Ardoino As New CEO, Aiming For Tech-Centric Evolution
继续阅读：Tether 任命保罗·阿多伊诺为新任首席执行官，目标是实现以科技为中心的发展
Why It Matters: Tether is currently evaluating a potential site with a 300-megawatt capacity where mining operations will be profitable amid rising Bitcoin prices (up 26% in the past month).
为何重要：Tether目前正在评估一个容量为300兆瓦的潜在场地，在比特币价格上涨的情况下，该场地的采矿业务将实现盈利（在过去一个月中上涨了26％）。
The company has also established facilities within large containers for rapid relocation to areas where electricity is more affordable, Bloomberg reports.
彭博社报道，该公司还在大型集装箱内建立了设施，可快速迁移到电力更实惠的地区。
Tether is building Bitcoin mines in Uruguay, Paraguay, and El Salvador, with the capacity for each site ranging between 40 and 70 megawatts.The company aims to increase its portion of the total computing power for the Bitcoin network to 1%, compared to Marathon Digital's 4%.
Tether正在乌拉圭、巴拉圭和萨尔瓦多建造比特币矿山，每个矿场的容量在40至70兆瓦之间。该公司的目标是将其在比特币网络总计算能力中所占的比例提高到1％，而Marathon Digital的比例为4％。
By 2023 end, Tether looks to reach 120 megawatts across its direct mining operations, and by 2025 its forecast stands at 450 megawatts. The stablecoin issuer has earmarked approximately $150 million for investment in mining opportunities where Tether is actively involved.
到2023年底，Tether的直接采矿业务有望达到120兆瓦，到2025年，其预测为450兆瓦。稳定币发行人已拨款约1.5亿美元，用于投资泰达币积极参与的采矿机会。
Also Read: Tether To Publish Reserve Data In Real-Time: Report
另请阅读：Tether 将实时发布储备数据：报告
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照片：Shutterstock