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Tether Terminates Bitcoin Mining Project in Uruguay; The Project Costed Approximately $120 Million
2026-08-21 18:41:49
According to CoinMeta, and as reported by Reuters, Tether ceased its Bitcoin mining operations in Uruguay in 2025. The project incurred a total cost of approximately 120 million US dollars. Tether had disagreements with Uruguay's national power company UTE regarding the terms of power supply, which led to the termination of the project.
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Source：Internet
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