Tether, the operator of the largest USDT stablecoin, is planning a significant investment in mining equipment and companies – totaling $500 million in the next six months
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According to Tether CTO Paolo Ardoino, some of that money will be allocated to Northern Data Group as part of a $610 million credit facility. Tether to buy back some shares in German mining firm. This will allow Tether to take up about 1% of the total hashrate of the Bitcoin network