Lookonchain APP

App Store

Tether Launches Open-Source Bitcoin Mining OS, Challenging Closed-Source Proprietary Software

2 hours ago

On February 3, The Block reported that Tether has released an open-source operating system for Bitcoin mining—providing miners with a new alternative to proprietary, manufacturer-controlled software and signaling the firm’s ongoing expansion into crypto infrastructure. The stablecoin issuer said it has open-sourced MiningOS (MOS), an OS built to manage, monitor, and automate Bitcoin mining operations. MOS caters to use cases ranging from small-scale home rig setups to large industrial mining farms. Tether first teased plans for an open-source mining OS last year, arguing new entrants shouldn’t have to rely on costly, closed management tools to participate in Bitcoin mining. Other firms, including Block (founded by Twitter co-founder Jack Dorsey), have also pushed for more open mining infrastructure. Per Tether, MOS boasts a modular peer-to-peer architecture that lets operators run mining operations without relying on centralized services. The system coordinates hardware, energy use, device health, and mine-level infrastructure in a unified operational layer, giving miners a more complete view of their overall setup without depending on a fragmented, disjointed software ecosystem.
Relevant content

Spot Silver Completely Recovers from Yesterday's Decline

On February 3, per Bitget market data, spot silver climbed above $88 per ounce—fully recouping yesterday’s losses and notching an intraday gain of over 11%.

10 minutes ago

Bloomberg: Galaxy Digital Records Larger-Than-Expected Loss Amid Crypto Market Plunge

Bloomberg — Galaxy Digital, the cryptocurrency financial services firm founded and led by billionaire Michael Novogratz, reported a wider-than-expected loss in the fourth quarter of 2025 amid a downturn in the crypto market. In a Tuesday statement, the company said its net loss for Q4 2025 totaled $482 million, or $1.08 per share—driven primarily by falling digital asset prices during the period. Bloomberg-surveyed analysts had forecast a loss of $282 million, or $0.99 per share.

10 minutes ago

Fed's Bullard: Rate Cut Supports Labor Market, Inflation Task Still Awaits Final Step

February 3 (Tuesday) — Richmond Federal Reserve President Tom Barkin said Tuesday the Fed’s rate cuts so far have helped "insure" the labor market’s health, as policymakers work to finish the "last mile" of getting inflation back to the 2% target. Barkin noted the Fed has cut rates by 1.75 percentage points since fall 2024 — a move that "provides some insurance to support the labor market as we work through the final stages of hitting our inflation goal." The unemployment rate remains historically low, he added, while inflation is still about 1 percentage point above the 2% target but expected to ease in coming months. "Inflation has been above our target since 2021, and I take this persistent deviation very seriously," he said. "No matter the reasons, today’s inflation data will impact tomorrow’s inflation." Barkin projected the economy will stay resilient in 2026, with regulatory easing and tax cuts delivering "significant stimulus" and businesses retaining confidence in sus

10 minutes ago

Trend Research Transfers 20,000 ETH to Binance

Feb 3 — On-chain analyst Ai Auntie (@ai_9684xtpa) reports Trend Research transferred another 20,000 ETH to Binance 2 hours ago. Today’s total transfers reach 65,000 ETH (valued at $150 million), with an expected loss of $51.03 million.

10 minutes ago

Musk: SpaceX Dogecoin Mission to the Moon Could Happen as Early as Next Year

On February 3, Cointelegraph reported that Elon Musk has said SpaceX could send a physical Dogecoin to the moon as early as next year.

10 minutes ago

Federal Reserve Governor Milan: The Fed Needs to Cut Interest Rates by About One Percentage Point This Year

On February 3, Federal Reserve Governor Milan said the Fed will need to cut interest rates by roughly one percentage point this year, per FXStreet.

10 minutes ago