Bitcoin Mining Project in Brazil to Use Renewable Energy

Tether, the company behind USDT, is working on a new Bitcoin mining project in Brazil with the goal of making crypto mining more energy-efficient. The company has signed a Memorandum of Understanding with Adecoagro, a major South American producer focused on sustainable agriculture and energy.

Good to know

• Adecoagro plans to add Bitcoin to its balance sheet as part of the deal.
• The project will use renewable energy to power mining operations.
• Tether brings its mining experience to the partnership with Adecoagro.

The collaboration is still in its early phase, but the plan is clear: combine Tether’s crypto expertise with Adecoagro’s renewable energy capabilities. The two companies want to show how energy generated from sustainable sources can power Bitcoin mining without relying on fossil fuels. Earlier this year, Tether had obtained a majority stake in the company.

Mariano Bosch, Co-Founder and CEO of Adecoagro, said the partnership offers more than just a tech opportunity. “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.”

The deal also marks a shift for Adecoagro, as it plans to hold Bitcoin on its corporate balance sheet for the first time. That move would align it with a growing number of firms exploring Bitcoin as part of their long-term strategy.

Tether, which has been expanding its Bitcoin mining projects globally, sees this as a natural fit. Paolo Ardoino, CEO of Tether, said, “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.”

He added that the effort could become a blueprint for future energy and tech partnerships. “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.”

Both companies see this as more than just a business deal—it is also a test case for connecting farming, energy, and crypto technology in a way that supports financial access, sustainability, and efficient power use.