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Author Topic: Can Tether be mined?  (Read 7028 times)

Offline aldenlim

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Re: Can Tether be mined?
« Reply #15 on: November 22, 2018, 07:10:03 PM »
USDT or known as tether isnt mineable
its like token not coin and this pegged to usd or fiat
Yes and if you take a look at coin market cap and click on USDT or Tether it will show that it is a token and it is unminable
and there is no way mining it. Tether is token of OMNI platform and it on the top 600+ on coin market cap but I don't know
much about this coin.


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Re: Can Tether be mined?
« Reply #15 on: November 22, 2018, 07:10:03 PM »

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Offline masudginanjar

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Re: Can Tether be mined?
« Reply #16 on: November 29, 2018, 05:14:14 AM »
I really want to know how to mine for tether. Do you know how?

Tether is a non-mineable ERC20 token and it is pegged to Fiat reserves in the ratio 1:1. The Fiat reserves are said to be maintained in undisclosed bank accounts under the control of Tether Limited. So there is no way you could mine Tether. New tethers will be released by Tether Limited based on the reserves.
In fact, I have opened the coin market every time but have not understood the basis of the creation of the Tether.
By reading this post, I make sure I get valuable knowledge from you.

Regards
masudginanjar
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Offline Delgboke

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Re: Can Tether be mined?
« Reply #17 on: December 17, 2018, 08:35:32 AM »
I don't think that will be possible for tether to be mined but it can be purchased.
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aiviaa485

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Re: Can Tether be mined?
« Reply #18 on: December 19, 2018, 03:37:37 AM »
Tether cannot be mined because this coin is equated with the population and circulation of USD throughout the world.
If you can mine, the coin has no reference limit to be compared with the USD circulating in the real world.

Offline damsix

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Re: Can Tether be mined?
« Reply #19 on: December 23, 2018, 04:00:50 AM »
It can't be mine because the Tether has been equated with the circulation of dollars in the whole world.
In the mine iu specifically coins that do not have a price, after being mined the results will be valuable.

Tether for 1 coin has been appreciated and there is no need to mine.
retire and rest in peace

Offline Hadley

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Re: Can Tether be mined?
« Reply #20 on: December 23, 2018, 05:01:46 PM »
Tether and all other stable coin can’t mine because they were creatas a stable coin, a fiat of crypto currency and to display the value of fiat of crypto currencies

Offline Stuart

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Re: Can Tether be mined?
« Reply #21 on: January 02, 2019, 11:48:28 PM »
If Tether becomes minable, that means it is no more a stable coin. All other coins that can be mined moves with the ups and downs with the demands and supply in the market space. Tether is a stable coin, having a fixed price that it can not surpass, therefore it cannot be mined.

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Re: Can Tether be mined?
« Reply #21 on: January 02, 2019, 11:48:28 PM »


 

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