Tether-Backed Adecoagro to Launch Sugarcane-Powered Bitcoin Mining in Brazil Adecoagro, a South American agricultural company in which Teth…
Tether-Backed Adecoagro to Launch Sugarcane-Powered Bitcoin Mining in Brazil
Adecoagro, a South American agricultural company in which Tether is a major shareholder, is preparing to launch Bitcoin mining in Brazil using clean energy generated from burning sugarcane residue.
Initially, the plan is to use 10 MW of electricity and deploy 1,280 Bitcoin mining machines, with operations expected to begin around July 1, 2026.
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