Tether gets backing from 15 mining companies

The company Tether has secured the backing of 15 companies involved in BTC mining, equipment manufacturers and mining pools, which have pledged to support its open-source mining development kit (MDK), as the stablecoin issuer expands its work on automating mining using artificial intelligence.

According to Tether's announcement dated 24 October, participating companies will develop and maintain software connectors that allow various mining machines and services to operate through a single system. Major hardware manufacturers and mining pools are taking part in the initiative, with the first stable software release planned for late 2026.

Participants include Bitmain, Bitdeer, Canaan, MicroBT, Foundry Digital, F2Pool, Luxor Technology and OCEAN. The group includes companies engaged in manufacturing mining equipment, operating facilities and managing the pools that miners use to earn rewards.

Other participants include ACME Swisstech, Elektron Energy, EMCD, Heatbit, Proto, SpiderPool and Stratum V2. Their participation brings together different segments of the mining industry within a single development initiative.

In April, Tether unveiled MDK — an open-source framework for bitcoin mining that allows developers to track hardware and build applications without relying entirely on software provided by individual manufacturers.

The latest announcement concerns commitments to build and maintain integrations. Tether did not say that all 15 companies have completed connections or deployed MDK in their mining operations.

Data on the number of deployments, comparative performance analysis and cost savings for participating companies has not been made public.

How will Tether's mining software work?

Large-scale bitcoin mining facilities often use thousands of machines produced by different manufacturers. Hardware, cooling systems and mining pools may each use separate management software, requiring operators to switch between platforms or build their own connections.

MDK is designed to solve this problem with software components called "workers." Each participating company will develop a worker that converts information from its own hardware or services into a format that applications built on MDK can understand.

This way, a mining industry operator will be able to use compatible monitoring and automation tools across different machines without rebuilding the entire application for each manufacturer.

This scheme does not require companies to replace existing equipment or give up control over their operating systems. Participants themselves choose which functions will be available through the shared interface.

Tether CEO Paolo Ardoino said that software will increasingly manage physical infrastructure rather than simply provide information about it.

"At large scale, this won't work if every machine speaks its own language," Ardoino said, explaining why the company wants mining operations and hardware manufacturers to use common software interfaces.

This platform emerged after Tether released its Mining OS in February as open-source software. The system was designed to manage mining hardware, power consumption, and operational data, while MDK provides developers with tools for building additional applications.

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