Tether Terminates Uruguay Bitcoin Mining Farm Over Power Disputes, Project Costing Approximately $120 Million
Source：
www.reuters.com
According to Reuters, Tether halted its Bitcoin mining operations in Uruguay in 2025. Documents and insider sources indicate that the project ultimately fell through due to conflicting interpretations by Tether and Uruguay's state-owned electricity company UTE regarding the power supply clause: Tether viewed the contracted amount as a minimum supply that could be increased, while UTE regarded it as a maximum quota that could not be exceeded.
