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Tether abandons $120M Uruguay Bitcoin mining project after power dispute

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Tether’s planned Bitcoin mining expansion in Uruguay has collapsed after an electricity supply dispute with state utility UTE left two facilities without enough power, ending a project estimated to have cost around $120 million. Reuters has…

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Tether abandons $120M Uruguay Bitcoin mining project after power dispute
Crypto.news 2h ago

Tether abandons $120M Uruguay Bitcoin mining project after power dispute

Tether’s planned Bitcoin mining expansion in Uruguay has collapsed after an electricity supply dispute with state utility UTE left two facilities without enough power, ending a project estimated to have cost around $120 million. Reuters has…