Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Tether, Digital Asset company behind the world’s largest stablecoin USDT
is the research of bitcoins powered by renewable energy with the South American agricultural company Adecoagro (Agro) In Brazil.
Companies have signed a strategic partnership for a pilot project to use the excess energy of Adecoagro to operate mining equipment and can also add BTC to the balance sheet Adecoagro, according to Thursday Press release.
Adecoagro in which he joins obtained The 70% share has 230 Megawatt in the energy production capacity throughout South America. The company is an important food manufacturer in the region and its own sugar mills, rice farms and dairy operations.
“This project opens the door to stabilize the part of the energy we currently sell on the spot, locks prices and at the same time gets upside down,” said Mariano Bosch, co -founder and CEO of Adecoagro.
This step underlines the growing ambitions of Tether in Bitcoin mining after previous investments in the mining facility in the region. The company said it has developed the operating system software for miners called Tether Mining OS, with plans for its open source in the coming months.
CEO of Paolo Ardoino said At the Bitcoin 2025 conference in May, that the harness “will be the largest bitcoin miner by the end of this year” and invested $ 2 billion in energy and mining operations.
Read more: NY bankruptcy judge gives Celsius green light to track the action at $ 4.3b against Tether
