Overview
- Canaan, which announced the deal Tuesday, said the custom hash-board modules will ship to a Tether-affiliated site in South America with an option for more units.
- The hardware separates compute from the power supply and enclosure, letting operators replace or upgrade hash boards without scrapping entire machines.
- Tether plans to manage the modules with its own control boards, Mining OS and Mining SDK, with designs tuned for immersion cooling to cut energy use and raise uptime.
- The order follows a 2025 proof-of-concept with Canaan and Swiss firm ACME Swisstech, which is providing engineering support and industrial integration for large sites.
- Neither company shared a release timeline or images, highlighting a longer buildout as Tether moves beyond stablecoins into mining infrastructure and site-level control.