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

AI Summary 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. fulltext: 146 chars | fulltext source: rss-fallback | summary method: extractive Original: https://www.theblock.co/news/business/2026-08-23-tethers-120-million-uruguay-bitcoin-mining-project-collapsed-over-a-power-contract-dispute-reuters-412536 Source: The Block