Tether (USDT) invests in a local company to launch sustainable Bitcoin (BTC) mining operations in the South American country of Uruguay.
Tether, the world’s largest stablecoin issuer, is now in Uruguay, after announcing that they will regularly receive Bitcoin in a post on its official website on May 30. energy production And sustainable bitcoin mining licensed for local One investment in the company announced that he did.
Scope of activity energy production The company, which has expanded with its investment in the sector, CTO Paolo Ardoino In his statement on the subject, The power of Bitcoin and Uruguay renewable energy sources using Tether responsible And sustainable to bitcoin mining that you are leading stated.
to renewable energy their strict adherence to Integrity of the Bitcoin network And security every Bitcoin mined while protecting minimum carbon footprint trace was among the statements given by Ardoino.
The reason the company chose Uruguay, country’s energy needs 94% of the sun And wind including the energy sustainable received from energy sources. to the energy infrastructure with investments Uruguay’s of modern sectors energy needs able to afford stated at capacity.
Tether last week certain company profit some every month organised aspect would buy bitcoin had explained. The company’s mining with his move to Bitcoin increased the importance seen.