Tether Takes on Bitcoin Mining with Renewable Energy in Uruguay

Tether Takes on Bitcoin Mining with Renewable Energy in Uruguay

Tether, a renowned issuer of a stablecoin, plans to invest in sustainable Bitcoin mining in Uruguay, citing the country’s renewable energy capabilities as the ideal spot for Bitcoin mining production. Tether has purchased a facility for energy production and sustainable Bitcoin mining in Uruguay, broadening its revenue mix to back its USDT stablecoin. This action aligns with Tether’s goal to …

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