Tether and Adecoagro Launch Renewable-Powered Bitcoin Mining in Brazil

Summary: Stablecoin issuer Tether has partnered with South American agribusiness Adecoagro to launch a new Bitcoin mining initiative in Brazil powered by surplus renewable energy. The collaboration combines clean energy infrastructure with crypto mining to enable sustainable blockchain operations.

Background

Tether Holdings, the company behind the USDT stablecoin, has signed a preliminary agreement with Adecoagro, a major agro-industrial firm operating in South America. As part of the deal, Adecoagro will allocate a portion of its 230 megawatts of renewable energy capacity for Bitcoin mining. The project is designed to utilize surplus energy generated from wind and solar that would otherwise go unused during times of low grid demand.

Energy and Bitcoin Join Forces

Adecoagro’s CEO, Mariano Bosch, emphasized that the partnership helps the company stabilize revenue by redirecting excess renewable power into Bitcoin mining, rather than selling it at fluctuating spot-market prices. The concept allows surplus electricity to be monetized by powering mining rigs, potentially increasing revenue stability and profitability if Bitcoin prices rise.

⛏ Tether and Adecoagro join forces for green mining in Brazil @Tether_to and Adecoagro, a South American agro-industrial company, have signed a preliminary agreement to explore Bitcoin mining powered by renewable energy. The project aims to integrate mining with sustainable… pic.twitter.com/OjSqD8LXOZ

— Atlas21 (@Atlas21_news) July 3, 2025

Tether Mining OS: Open Source Expansion

Beyond financing, Tether will deploy its proprietary mining hardware and software, known as Tether Mining OS, at the Brazilian site. According to Paolo Ardoino, Tether’s CEO, the system will be released as open-source software to promote transparency and efficiency in global mining operations. The intent is to encourage cleaner crypto practices by enabling other mining operators worldwide to adopt and customize the software for their own green energy integration.

Governance and Oversight

The deal underwent additional scrutiny due to overlapping leadership roles. Juan Sartori, who serves as both Tether’s Head of Business Initiatives and Adecoagro’s board chair, necessitated the formation of an independent oversight committee to review the agreement. The committee ensured that the partnership was structured equitably and free of conflicts of interest.

Market Impact and Strategic Outlook

For Adecoagro, redirecting electricity to Bitcoin mining represents a promising alternative to offloading surplus power on volatile markets. The firm could divert multiple megawatts toward mining at midday solar peaks while maintaining stable supply to local operations. If Bitcoin prices remain strong, mining revenues could exceed traditional power sales.

Tether views this partnership as part of a broader strategy to expand its portfolio of sustainable mining operations. With active sites in North America and Europe, Brazil now marks its first venture in South America. CEO Paolo Ardoino stated the initiative is a scalable model: “Tap cheap green energy, run it through smart software, and share the results across the industry.”

Featured image from Meta, chart via TradingView