Tether Holdings Inc., the company behind the leading stablecoin USDT, announced on March 30 their new enterprise with sustainable Bitcoin mining in Uruguay. Five months later, there was a new update on August 24 on what could be one of these new Bitcoin (BTC) mining sites, but one thing stood out above what should have been some good news.
Paolo Ardoino, CTO at Tether and Bitfinex, shared a picture on X (formerly Twitter) of what he called “one of Tether energy production and Bitcoin mining sites”, adding that it was “coming along well.”
One of #Tether energy production and #Bitcoin mining sites coming along well. pic.twitter.com/6Z8o6A5OaE
— Paolo Ardoino 🍐 (@paoloardoino) August 24, 2023
However, multiple accounts replied that the Tether logo looked digitally altered (commonly called “photoshopped”), pointing to imperfections in the work’s result. Paolo Ardoino did not respond to any of these claims by press time.
FotoForensics at Tether’s logo on Bitcoin min
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