Paolo Ardoino, the chief technology officer of Tether, recently found himself faced with rumors circulating about edited images of large industrial containers online. These rumors led him to address questions about Tether’s Bitcoin mining operations.
On August 26, Ardoino took to X (formerly known as Twitter) to shed some light on the curiosity sparked by a photo he had shared on August 24. The photo depicted a container with a photoshopped Tether Energy logo, leaving many people wondering about its significance.
Ardoino clarified that the image actually showcased a control room at a Bitcoin mining site that Tether is currently in the process of completing. This site will soon be operational for Bitcoin mining. However, he firmly stated that he would not disclose the location, as he had received numerous inquiries from users.
While Ardoino did mention that the mining site is located in Latin America, he refrained from giving any further details due to security concerns. He explained, “We tend to not share exact locations to avoid personnel harassment, a valid concern given the amount of detractors obsessed with Tether.”
The refusal to disclose the location has fueled skepticism about Tether’s legitimacy among its skeptics. Ardoino humorously noted, “You can almost hear some of them screaming: ‘NOOOOOOOO if you don’t tell us the address, zip code, and surname of the cow that is eating the grass nearby, then it’s not real!!!!!'”
Regarding the photoshopped logo on the containers, Ardoino explained that it was a deliberate media decision. The team wanted to brand the photo, anticipating that it would be shared in newspapers. Additionally, putting gigantic Tether logos on the containers would compromise the physical privacy of the site.
Ardoino expects operations at the mining site to begin sometime in September. He expressed excitement about the progress made and the team’s dedication to starting operations within the next few weeks.
In a previous interview with Cointelegraph, Ardoino revealed that Tether is working on a mining software called Moria. This software aims to provide more comprehensive data analytics on energy production at a Bitcoin mining site. Ardoino emphasized the need for better analytics and performance review in Bitcoin mining, as it can assist in evaluating the site’s performance and surrounding environment. For instance, if the mining site utilizes renewable energy sources like wind or solar, optimization parameters can be utilized to enhance production based on predicted weather conditions.
In conclusion, Paolo Ardoino of Tether addressed rumors surrounding edited images of industrial containers, specifically clarifying their connection to Tether’s upcoming Bitcoin mining site. While he refrained from disclosing the exact location for security reasons, he assured skeptics that operations would commence in September. Ardoino also highlighted Tether’s efforts to develop mining software that would enable more comprehensive data analytics and performance evaluation of Bitcoin mining sites.