Tether Holdings Ltd., the issuer of USDT stablecoin, has signed a Memorandum of Understanding (MOU) with South American agribusiness Adecoagro SA to collaborate on a Bitcoin mining venture in Brazil. The partnership leverages Adecoagro's renewable energy infrastructure and Tether's proprietary mining technology.
Key Features of the Partnership
- Renewable Energy Integration: Adecoagro manages 230 MW of power generation capacity from sustainable sources across Argentina, Brazil, and Uruguay.
- Tether's Mining OS: The pilot project will utilize Tether's open-source mining management software, scheduled for public release in coming months.
- Diversification Strategy: The initiative aims to stabilize energy prices while gaining Bitcoin exposure, complementing Adecoagro's core agricultural operations.
👉 Discover how Bitcoin mining transforms energy assets
Operational Scale and Potential
With 230 MW capacity:
- Equipment: Thousands of ASIC miners (e.g., Antminer S19 XP at 3,000W each)
- Hashrate: ~6.9 EH/s (1.6% of Bitcoin network's total)
- Projected Output: 1 block mined every 2-3 days at current difficulty
Mariano Bosch, Adecoagro CEO:
"_We're exploring innovative ways to maximize our renewable assets' value while diversifying our portfolio through digital assets._"
Broader Blockchain Initiatives
Tether simultaneously advances financial inclusion:
- Zanzibar Collaboration: MOU signed to integrate USDT/XAUT into Zanmalipo payment platform
- Blockchain Education: Curriculum development with local institutions to foster digital economy growth
Paolo Ardoino, Tether CEO:
"_This synergy between agriculture-powered energy and Bitcoin mining highlights the potential of aligning physical and digital infrastructures._"
FAQ: Bitcoin Mining Partnership Explained
Q1: Why is Adecoagro entering Bitcoin mining?
A: To monetize surplus renewable energy and hedge against energy price volatility while diversifying treasury assets.
Q2: What makes this mining operation unique?
A: Its industrial-scale renewable energy usage and integration with agricultural operations sets a sustainability benchmark.
Q3: How does Tether benefit from this deal?
A: Expands its Bitcoin mining footprint toward becoming a top miner by 2025 while testing its open-source mining OS.
Q4: What's the significance of the Zanzibar partnership?
A: Represents Tether's strategy to drive blockchain adoption in emerging markets through education and stablecoin integration.
👉 Explore sustainable crypto mining solutions