Coin Bureau(@coinbureau):⚡️JUST IN: Tether’s $120 MILLION BTC mining bet in Uruguay has GONE DARK. A dispute over unpaid power bills and a revised electricity contract led state-owned utility UTE to cut electricity to the sites in July 2025, per Reuters. The shutdown derailed a project meant to anchor Tether’s Bitcoin mining expansion across South America.

Coin Bureau

@coinbureau

Official Coin Bureau X account: covering breaking news, insights & in-depth analysis across Fintech, Macro & AI.

가입 September 2017

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Coin Bureau@coinbureau

2026.08.23 20:00

⚡️JUST IN: Tether’s $120 MILLION BTC mining bet in Uruguay has GONE DARK. A dispute over unpaid power bills and a revised electricity contract led state-owned utility UTE to cut electricity to the sites in July 2025, per Reuters. The shutdown derailed a project meant to anchor Tether’s Bitcoin mining expansion across South America.