Tether Partners with Adecoagro for Sustainable Bitcoin Mining in Brazil

Tether, the company behind the widely used stablecoin USDT, has announced a significant partnership with Adecoagro, a prominent sustainable production firm in South America. This collaboration aims to integrate renewable energy sources into Bitcoin mining operations in Brazil, marking a notable step towards more sustainable cryptocurrency mining practices.

The partnership involves a Memorandum of Understanding (MoU) between the two companies, which outlines their joint exploration of Bitcoin mining. Adecoagro, known for its extensive renewable energy generation capacity, will leverage its assets to support this initiative. The project aims to stabilize a portion of the energy currently sold on the spot market, providing a more stable pricing option and achieving new efficiencies through the convergence of technology, energy, and agriculture.

Mariano Bosch, Co-Founder and Chief Executive Officer of Adecoagro, expressed enthusiasm about the project, stating, “We’re excited to explore innovative ways to maximize the value of our renewable energy assets. This project opens the door to stabilizing a portion of the energy we currently sell on the spot market, locking in pricing, while also gaining exposure to the upside potential of Bitcoin.”

Tether brings significant expertise in the Bitcoin mining ecosystem, with a growing portfolio of sustainable mining operations. Paolo Ardoino, CEO of Tether, emphasized the company's commitment to renewable-powered Bitcoin mining. He stated, “Tether brings to the initiative its extensive experience in the bitcoin ecosystem, backed by a rapidly expanding portfolio of sustainable mining initiatives across multiple regions. As part of our long-term strategy to support resilient energy infrastructure and decentralized networks, we’re proud to collaborate with Adecoagro. This project is another step in our growing commitment to renewable-powered bitcoin mining and highlights the potential to align agricultural energy production with cutting-edge digital infrastructure. We believe this model can drive financial inclusion, promote energy efficiency, and serve as a blueprint for responsible innovation at the intersection of technology and sustainability.”

The project will utilize Tether's Mining OS, which will be open-sourced in the coming months. This initiative aims to increase accessibility to mining and provide a transparent and efficient platform for managing mining activities. The collaboration between Tether and Adecoagro represents a unique opportunity to explore the intersection of agriculture, energy, and technology. Juan Sartori, Executive Chairman of Adecoagro’s Board of Directors, noted that this partnership unlocks potential efficiencies and diversifies the company's energy strategy in a responsible and forward-looking manner. Both companies anticipate that the Bitcoin mining project will drive financial inclusion, improve energy efficiency, and create a new model of responsible innovation.

The focus on renewable energy aligns with the growing trend of sustainability in the cryptocurrency industry. By leveraging Adecoagro's renewable energy assets, the partnership aims to demonstrate how renewable energy sources can support crypto mining through both technology and infrastructure. This initiative not only enhances energy efficiency but also promotes the use of clean energy in the digital economy, unlocking new efficiencies at the intersection of technology, energy, and agriculture.