·Confidence 85%
Tether's $120 Million Bitcoin Mining Project Fails in Uruguay
Key takeaways
- Tether's $120 million bitcoin mining initiative in Uruguay has collapsed due to a dispute over a power contract, following UTE's power cut in July 2025.
Analysis
Tether's $120 million bitcoin mining initiative in Uruguay has collapsed due to a dispute over a power contract, following UTE's power cut in July 2025.
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