Stablecoin Giant Tether to Shutter Uruguay Bitcoin Mining Operation

In recent developments, uSDT stablecoin issuer Tether is halting its Bitcoin mining operations in Uruguay due to high energy costs, local media has reported. Looking closer, market participants highlight key…

Tether confirms Uruguay Bitcoin mining exit amid high energy prices

In recent developments, tether halted Bitcoin mining in Uruguay, reportedly dismissing 30 staff amid increasing energy costs and a $4.8 million debt dispute with state power firm UTE. Looking closer,…