Tether Uruguayan Mining Operations Stalls Due To $5 Million Energy Debt — Details
Tether’s expansion into Bitcoin mining in Uruguay has run into a major setback after the state-owned electricity provider UTE suspended service to the stablecoin operator’s two mining facilities ov...
Source: Bitcoinist.com
Tether’s expansion into Bitcoin mining in Uruguay has run into a major setback after the state-owned electricity provider UTE suspended service to the stablecoin operator’s two mining facilities over unpaid bills of roughly $5 million. The disruption, confirmed on July 25, 2025, comes only two years after Tether unveiled the Bitcoin mining project in the […]