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Bitcoinist 2025-07-04 16:00:34

Tether Plants Crypto Roots In Renewable Farming: Bitcoin Mining Heads To Brazil

US-based stablecoin giant Tether Holdings and South American agribusiness Adecoagro have teamed up to mine Bitcoin using excess clean power. According to a release, Adecoagro will set aside part of its 230 MW renewable energy capacity for crypto mining. This move aims to give the firm a more steady outlet for surplus electricity and offer Tether a fresh, green mining site. Energy And Bitcoin Join Forces According to Adecoagro CEO Mariano Bosch, the company wants to stabilize a slice of its power sales by swapping spot‑market swings for a fixed demand channel. The idea is simple. When wind or solar output tops what the grid can use, instead of cutting back, the extra juice will fire up Bitcoin rigs. That should help Adecoagro lock in prices and turn idle electrons into potential upside if Bitcoin climbs. Tether and Adecoagro join forces for green mining in Brazil @Tether_to and Adecoagro, a South American agro-industrial company, have signed a preliminary agreement to explore Bitcoin mining powered by renewable energy. The project aims to integrate mining with sustainable… pic.twitter.com/OjSqD8LXOZ — Atlas21 (@Atlas21_news) July 3, 2025 Tether Mining OS Goes Open Based on reports , Tether isn’t just writing checks. The company will install and manage the mining hardware with its own site‑management software, Tether Mining OS. Paolo Ardoino, Tether’s CEO, said the system will be open‑sourced soon. Mining farms from Europe to Asia could download the code, tweak it, and run cleaner operations. That push for transparency is a way to show critics that crypto mining can fit into a low‑carbon world. Governance And Oversight Since Juan Sartori sits both as Tether’s Head of Business Initiatives and Adecoagro’s board chair, an independent committee had to sign off on the deal. Reports have disclosed that the group reviewed the terms to make sure neither side got an unfair edge. That extra check helps guard against conflicts in related‑party transactions and keeps investors on board. For Adecoagro, the math is straightforward. Every megawatt not sold cheaply during midday solar peaks could instead crank out Bitcoin rewards. Right now, the company could direct dozens of megawatts toward mining, and still feed enough power back to farms and towns. If Bitcoin holds above key levels, those mining profits may outpace selling on the spot market. Tether sees more than energy value. The firm has been growing its footprint of sustainable mines in North America and Europe already. This partnership adds South America to the list. Paolo Ardoino said it also serves as a blueprint: tap cheap green energy, run it through smart software, and share the results with the industry. Featured image from Meta, chart from TradingView

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