Stablecoin Issuer Tether’s Uruguay Bitcoin Mining Venture Collapses Over Power Supply Dispute
Tether’s Bitcoin mining venture in Uruguay has come to an abrupt end following a protracted disagreement with the country’s state-owned electricity provider over power allocations. The collapse of the project, estimated by one individual familiar with the details to have involved roughly $120 million in… Read More
Read more in: Blockchain & Digital Assets, Global | Tagged bitcoin, microfin, mining, tether, uruguay