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Tether-Backed Adecoagro to Launch Sugarcane-Powered Bitcoin Mining in Brazil
Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.
Adecoagro, a South American agricultural company backed by Tether, plans to launch a Bitcoin mining operation in Brazil powered by renewable energy from sugarcane residue. The project will initially use 10 megawatts of electricity and deploy 1,280 mining machines, with operations expected to begin around July 1, 2026. The initiative aims to monetize surplus energy while expanding the use of renewable power in Bitcoin mining. The project highlights growing interest in pairing digital asset infrastructure with existing energy resources. Performance and potential expansion will be closely watched after the launch.
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