🌱 Renewable Mining Plans Face Setback

[cryptoenthusiast]

Tether entered Uruguay in 2023 to build renewable-powered Bitcoin mining operations with local partner Microfin. While the company aimed to control 1% of the global Bitcoin network, unpaid energy bills have frozen operations. Tether emphasizes that USDT reserves remain separate from mining ventures.
#Tether #CryptoMining #Bitcoin #RenewableEnergy

[Rimon Khan]

From aiming for 1% of Bitcoin’s network to frozen ops Tough lesson for Tether mining.

[Nahid Hossen]

Unpaid energy bills show how even big players can hit roadblocks