Tether, the company behind the largest stablecoin, has announced its plans to mine Bitcoin using sustainable energy in Uruguay. The company aims to invest in renewable energy sources to support and promote sustainable Bitcoin mining. Uruguay is a global leader in renewable energy, with 94% of its electricity generation coming from renewable sources such as wind and solar power. Tether's CTO, Paolo Ardoino, commented that the company is leading the way in sustainable and responsible Bitcoin mining by harnessing the power of Bitcoin and Uruguay's renewable energy capabilities. Tether has not yet disclosed the name of its local partner, but described them as a licensed company.
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Tether to Mine Bitcoin with Sustainable Energy in Uruguay
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