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Tether Uruguay Bitcoin Mining Project

Sector: Power Generation (CCGT) • Location: Uruguay

Source: Evrim Ağacı

Project
Cancelled

A $500 million Bitcoin mining operation in Uruguay powered by renewable energy, planned to include three data processing centers and a 300-megawatt renewable energy park in Florida and Tacuarembó provinces. The project was halted due to unsustainable energy costs and unpaid electricity bills after 18 months of operation.

Status
Closed
Sector
Power Generation (CCGT)
Location
Uruguay
Updated
22 Jul 2026
Source
Evrim Ağacı

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Project Information

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The project “Tether Uruguay Bitcoin Mining Project” is an infrastructure initiative in the Power Generation (CCGT) sector, located in Uruguay. Taiyo aggregates data on it from Evrim Ağacı.

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

A $500 million Bitcoin mining operation in Uruguay powered by renewable energy, planned to include three data processing centers and a 300-megawatt renewable energy park in Florida and Tacuarembó provinces. The project was halted due to unsustainable energy costs and unpaid electricity bills after 18 months of operation.

Original sector

Energy and Digital Infrastructure

Budget

Location

Country

Uruguay

Source

Source

Evrim Ağacı

URL

More Details

Record type

Project

Sector

Power Generation (CCGT)

Article published date

2025-11-30

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