CONNECT WITH US

Web3 & Blockchain

Tether-Backed Adecoagro to Launch Sugarcane-Powered Bitcoin Mining in Brazil

Coinpedia - Blockchain logo

Published on

Tether-Backed Adecoagro to Launch Sugarcane-Powered Bitcoin Mining in Brazil

The post Tether-Backed Adecoagro to Launch Sugarcane-Powered Bitcoin Mining in Brazil appeared first on Coinpedia Fintech News

Adecoagro, a South American agricultural company backed by Tether, plans to launch a Bitcoin mining operation in Brazil powered by renewable energy from sugarcane residue. The project will initially use 10 megawatts of electricity and deploy 1,280 mining machines, with operations expected to begin around July 1, 2026. The initiative aims to monetize surplus energy …



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Google Preferred Source