DeFi Intel

Tether abandons $120M Uruguay Bitcoin mining project after power dispute

Tether’s planned Bitcoin mining expansion in Uruguay has collapsed after an electricity supply dispute with state utility UTE left two facilities without enough power, ending a project estimated to have cost around $120 million. Reuters has reported that Tether abandoned…

Read full article on Crypto_news_dot →

DeFi Intel is an entity-graph aggregator: we curate, tag and link crypto news to a typed knowledge graph of protocols, tokens, people and incidents. We do not republish the full article body. Use the link above to read the original report at Crypto_news_dot.

Stay current on entity-tagged crypto news

Get the weekly DeFi Intel brief — entity-graph intelligence covering protocols, tokens and incidents, free to your inbox.