BNB$719.21-0.37%BRENT$102+0.78%BTC$78,130+0.14%COPPER$6.75-0.79%DJI$52,381-0.77%DOGE$0.0854-0.63%DXY98.77-0.05%ETH$2,473+0.21%GOLD$4,401+0.07%NDX$29,422-0.29%SILVER$66.98-0.43%SOL$101.22+0.16%SPX$7,636-0.48%US10Y4.84+0.65%VIX16.40-0.36%BNB$719.21-0.37%BRENT$102+0.78%BTC$78,130+0.14%COPPER$6.75-0.79%DJI$52,381-0.77%DOGE$0.0854-0.63%DXY98.77-0.05%ETH$2,473+0.21%GOLD$4,401+0.07%NDX$29,422-0.29%SILVER$66.98-0.43%SOL$101.22+0.16%SPX$7,636-0.48%US10Y4.84+0.65%VIX16.40-0.36%
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Tether's $120 Million Bitcoin Mining Project Fails in Uruguay

Key takeaways

  • Tether's $120 million bitcoin mining initiative in Uruguay has collapsed due to a dispute over a power contract, following UTE's power cut in July 2025.

Analysis

Tether's $120 million bitcoin mining initiative in Uruguay has collapsed due to a dispute over a power contract, following UTE's power cut in July 2025.

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