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bitbo.io > news > tether-uruguay-mining-collapse

Tether's $120M Bitcoin Mining Venture in Uruguay Falls Apart

3+ week, 8+ hour ago   (330+ words) Tether’s plan to build a bitcoin mining foothold in Uruguay has unraveled after a disagreement with the country’s state-run power utility over electricity supply, according to a Reuters investigation. The stablecoin issuer invested roughly $120 million across two mining sites in…...