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Mining The Block

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

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.

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

Why this matters

Tether is showing up inside the Stablecoins theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.

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