"The Greatest Bitcoin Miner Dream" Tether collaborates with South American agricultural company Adecoagro to introduce renewable energy mining.

On July 3, Tether, the issuer of the USDT stablecoin, announced that it has signed a memorandum of understanding with South American sustainable agriculture company Adecoagro S.A. (NYSE: AGRO) in Brazil to integrate Adecoagro's renewable energy into Bitcoin (BTC) mining. (Background: Tether's CEO stated that this year they aim to become the 'largest' Bitcoin mining company: Mining is essential for BTC security) (Additional context: Pakistan announced plans to use 2000MW of electricity for 'Bitcoin mining and AI centers,' with the Prime Minister appointing a special assistant for blockchain and cryptocurrency) Earlier this month, Tether, the issuer of the USDT stablecoin, which claimed to become the world's largest Bitcoin mining company this year, announced on July 3 that it has signed a memorandum of understanding with South American sustainable agriculture company Adecoagro S.A. (NYSE: AGRO) in Brazil to integrate Adecoagro's renewable energy into Bitcoin (BTC) mining, continuing to expand its Bitcoin mining operations. Monetizing renewable energy: Strategic layout for both parties Tether has been continuously investing in green mining in recent years, having acquired 70% of Adecoagro's equity and appointing business initiatives director Juan José Sartori Piñeyro as its executive chairman. The announcement pointed out that Adecoagro has over 230 MW of hydro, solar, and wind installed capacity. Tether's CEO Paolo Ardoino emphasized: 'This collaboration is part of Tether's long-term strategy to build a flexible energy infrastructure and decentralized network.' Adecoagro co-founder Mariano Bosch believes that Bitcoin can provide price protection, stating: 'This project can stabilize the electricity prices that are currently sold to the spot market and also share the opportunity of Bitcoin's rise.' Mining OS: Lowering barriers, enhancing transparency It is worth noting that Tether will open-source its site management system Tether Mining OS by the end of 2025. According to reports, its modular design supports a variety of equipment from Raspberry Pi to large mining farms and can integrate with the future decentralized AI platform QVAC. For small miners, open-source means no longer relying on expensive software, making it easier to access renewable energy, further promoting the decentralization and greening of mining. Mining as an energy management tool Additionally, apart from Tether, according to ainvest reports, Ethiopia has also directed excess hydropower to mining, earning as much as $55 million in just ten months. Meanwhile, similar strategies have appeared in Pakistan's 2,000 MW plan and North American mining company Hut 8. Overall, Bitcoin mining can convert 'stranded' electricity into portable value, reduce grid congestion, and stimulate infrastructure investment. Adecoagro stock performance However, this news does not seem to have significantly boosted Adecoagro's stock price. According to Google Finance data, Adecoagro's stock rose slightly by 1.47% during intraday trading on July 3, with a stock price of $9.34, and a market capitalization of approximately $934 million. Related reports Bhutan's Bitcoin value accounts for nearly 40% of GDP, becoming the world's third-largest BTC reserve country in five years of happy mining A brief history of mining in Iran: We sit in the dark just to keep Bitcoin mining rigs running Tired of Bitcoin's electricity consumption? Research: AI's power consumption will surpass BTC mining by the end of 2025 <The largest Bitcoin miner's dream> Tether partners with South American agricultural company Adecoagro to integrate renewable energy mining. This article was first published in BlockTempo, the most influential blockchain news media.