Tether Uruguay Bitcoin Mining and Renewable Energy Project
Sector: Wind • Location: Uruguay
Source: Blockonomi
Tether Holdings Ltd. initiated a large-scale Bitcoin mining project in Uruguay involving the construction of three Data Processing Centers requiring 165 MW of power and a 300 MW wind and solar generation park. The project included investments in data centers and renewable energy infrastructure in Florida and Tacuarembó. However, due to high energy costs and uncompetitive tariffs, the project was h
- Status
- Closed
- Sector
- Wind, Solar, Power Generation (CCGT)
- Location
- Uruguay
- Updated
- 22 Jul 2026
- Source
- Blockonomi
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Project Information
Participants
| Not available for this record. |
Status
Original status | cancelled |
Taiyo status | Closed |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Tether Holdings Ltd. initiated a large-scale Bitcoin mining project in Uruguay involving the construction of three Data Processing Centers requiring 165 MW of power and a 300 MW wind and solar generation park. The project included investments in data centers and renewable energy infrastructure in Florida and Tacuarembó. However, due to high energy costs and uncompetitive tariffs, the project was halted, and operations ceased, affecting 30 employees. |
Original sector | Energy |
Budget |
Location
Country | Uruguay |
Source
Source | Blockonomi |
URL |
More Details
Record type | Project |
Sector | Wind, Solar, Power Generation (CCGT) |
Article published date | 2025-12-01 |
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