Tether’s $120 million Uruguay bitcoin mining project collapsed over a power contract dispute: Reuters

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Tether’s $120 million Uruguay bitcoin mining project collapsed over a power contract dispute: Reuters

60-second summary

UTE cut power to Tether's mining sites in July 2025 after Tether representatives did not attend the signing of a revised contract, per the report.

UTE cut power to Tether's mining sites in July 2025 after Tether representatives did not attend the signing of a revised contract, per the report.