Tether Holdings Ltd., the company behind the USDT stablecoin, has signed a Memorandum of Understanding (MoU) with Adecoagro S.A., a leading South American agribusiness firm. The collaboration aims to pilot a Bitcoin mining initiative in Brazil, leveraging Adecoagro’s renewable energy infrastructure and Tether’s expertise in digital assets.
Project Overview
- Location: Brazil
- Energy Source: 230+ MW of renewable capacity (wind, solar, biomass)
- Technology: Tether’s proprietary Mining OS (to be open-sourced soon)
- Goal: Monetize surplus energy while diversifying into Bitcoin.
Why This Matters
- Sustainable Mining: Combines agriculture-energy synergies with low-carbon Bitcoin mining.
- Financial Diversification: Adecoagro aims to hedge energy market volatility via Bitcoin exposure.
- Scale: Potential to reach 1.6% of Bitcoin’s global hash rate (~6.9 EH/s).
Partner Perspectives
Mariano Bosch (CEO, Adecoagro):
"This partnership unlocks innovative value for our renewables—stabilizing energy revenues while accessing Bitcoin’s upside."
Paolo Ardoino (CEO, Tether):
"Aligns with our vision for renewable-powered mining. A model for merging agriculture with digital infrastructure."
Africa Expansion: Zanzibar Blockchain Education
In parallel, Tether announced an MoU with Zanzibar’s eGovernment Authority to:
- Integrate blockchain education into local curricula.
- Pilot USDT/XAUT on the government’s ZanMalipo payments platform.
- Boost financial inclusion via compliant digital asset adoption.
👉 Explore how Tether’s mining strategy is reshaping crypto sustainability
FAQs
Q: How much Bitcoin could Adecoagro’s operation mine?
A: Estimated 3.125 BTC every 2–3 days post-2024 halving, assuming optimal efficiency.
Q: What’s Tether’s long-term mining goal?
A: To become the world’s top Bitcoin miner by 2025 (currently holds 100K+ BTC).
Q: Why Zanzibar for Tether’s Africa push?
A: Strategic gateway for compliant crypto adoption and education in East Africa.
Key Takeaways
- Renewable Integration: Tether prioritizes green Bitcoin mining via agro-energy partnerships.
- Global Expansion: From Brazil to Africa, scaling blockchain infrastructure and education.
- Market Impact: Further solidifies USDT’s role in bridging traditional and digital economies.
👉 Learn how Tether’s innovations are driving crypto’s future