Tether and Adecoagro Team Up to Power Bitcoin Mining With Renewable Energy in Brazil
Key Highlights:
- Tether and Adecoagro partner to use surplus renewable energy for Bitcoin mining in Brazil.
- Tether plans to open-source its Mining OS to enhance transparency in crypto mining.
- Adecoagro will add Bitcoin mining to its balance sheet as part of a long-term diversification strategy.
Tether, the issuer of USDT, has formed a new partnership with Adecoagro S.A., a major sustainable agribusiness in South America, to integrate renewable energy into Bitcoin mining operations in Brazil. This collaboration is designed to make mining more energy-efficient by utilizing Adecoagro’s excess power generation capacity.
Sustainable Energy for Bitcoin Mining
The initiative will tap into Adecoagro’s 230 MW of renewable energy infrastructure to power mining operations, turning otherwise unused electricity into a valuable resource. The companies also aim to stabilize electricity pricing by diverting some of the energy that would otherwise be sold on the volatile spot market to a more predictable use in mining.
Adecoagro CEO Mariano Bosch emphasized that the project allows the company to hedge energy prices and benefit from potential Bitcoin appreciation.
Tether Expands Its Mining Footprint
Tether continues to expand its presence in the Bitcoin mining space, focusing on environmentally responsible operations. CEO Paolo Ardoino said the partnership highlights Tether’s commitment to building out renewable-powered infrastructure aligned with decentralized technology.
As part of the project, Tether will deploy its Mining OS to manage operations at the new site. The software will be open-sourced soon, promoting broader access and transparency within the mining sector.
Bitcoin on Adecoagro’s Balance Sheet
In a strategic move, Adecoagro plans to add Bitcoin mining to its financial books, further diversifying its portfolio beyond agriculture and energy. Executive Chairman Juan Sartori described the venture as an innovative blend of farming, clean energy, and blockchain technology—aimed at driving efficiency, financial inclusion, and responsible innovation.
Despite this progress, Tether is still facing a lawsuit from Celsius Network. A U.S. bankruptcy judge has allowed the case to proceed, with Celsius alleging that Tether mishandled over 39,500 BTC during its 2022 collapse.
Meanwhile, Pakistan has come under fire for proposing to use subsidized electricity for Bitcoin mining. The International Monetary Fund (IMF) has rejected the idea, despite the country’s surplus energy during winter months.
