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07/03 18:43

USDT Issuer Tether Signs New Deal To Power Bitcoin

USDT Issuer Tether Signs New Deal To Power Bitcoin Mining in Brazil
Tether and Adecoagro partner to integrate renewable energy into Bitcoin mining operations in Brazil, leveraging surplus energy for efficiency.

USDT Issuer Tether has signed a new deal with Adecoagro S.A., a leading sustainable production company in South America. The partnership aims to explore innovative ways to integrate renewable energy sources into Bitcoin mining operations in Brazil.
Bitcoin Mining with Renewable Energy
Under the new agreement, USDT Issuer Tether and Adecoagro plan to leverage renewable energy sources to power bitcoin mining operations. Adecoagro, which has more than 230 MW of renewable energy generation capacity across South America, will use its surplus energy to support mining activities.
The aim of the project is to stabilize part of the energy sold by spot market providing a more stable pricing option. In this way, the companies will achieve new efficiencies through the nexus of technology, energy, and agriculture.
Mariano Bosch, CEO of Adecoagro, said he was excited about the project as it would allow the company to hedge some of the energy they sell on the spot market and lock in the price, as well as benefiting from the upside of Bitcoin.1751568137820.png

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