Tether invests in sustainable energy production and Bitcoin mining in Uruguay

Tether, the company providing stablecoins to the crypto market, today announced that it is investing resources into energy production and implementing sustainable Bitcoin mining operations in Uruguay.
Tether has expanded its reach from finance and media to the energy sector to become a global technology leader and new innovation in this field. Tether's goal is to demonstrate their commitment to energy innovation and the future of cryptocurrency.
As part of this new venture, Tether is investing in renewable energy sources to support and promote sustainable Bitcoin mining – a key element in maintaining a secure cryptocurrency network. and the most powerful in the world.

To achieve this ambitious goal, Tether is actively looking to strengthen its team by recruiting experts in the energy sector. This project represents an important milestone where the energy and cryptocurrency sectors converge harmoniously.

According to Paolo Ardoino, Tether's Chief Technology Officer said:

“By combining the power of Bitcoin and Uruguay's renewable energy capabilities, Tether is leading the way in sustainable and responsible Bitcoin mining. […] Our unwavering commitment to renewable energy ensures that every Bitcoin we mine leaves as little environmental footprint as possible while ensuring the security and integrity of the network Bitcoin. Tether is proud to lead a movement that combines cutting-edge technology, sustainable practices, and financial innovation.

Uruguay has become a leading country in renewable energy, achieving 94% of electricity output mainly from renewable energy sources such as wind, solar or hydroelectricity thanks to its rich natural resources.

With significant investments in energy infrastructure, Uruguay has a robust and reliable grid system capable of meeting the needs of modern industries. This platform provides an ideal platform for Tether to start Bitcoin mining operations, ensuring performance and sustainability