Tether Unveils Modular Immersion-Cooled Bitcoin Mining Rigs with Canaan as BTC Dips to $75,716

Tether revealed modular, high-density Bitcoin mining systems with Canaan and ACME Swisstech on April 28, separating compute, power, and cooling for scalable immersion-cooled operations in South America. This extends the April 27 open-source Mining Development Kit (MDK) launch—a JavaScript SDK and React UI for unified control from home rigs to gigawatt farms—building on prior Mining OS open-sourcing, 8.2% Antalpha stake, and $2B mining investments amid $190B USDT cap. BTC dropped 2.69% to $75,716 with muted reaction: Canaan shares down 1%, WGMI ETF off 5.7%, signaling long-term miner efficiency gains.