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Tether’s $120M Uruguay Bitcoin Mining Bet Ends in Power Dispute

Tether’s $120M Uruguay Bitcoin Mining Bet Ends in Power DisputeWorldPing

Tether abandoned a roughly $120 million Bitcoin mining investment in Uruguay after a dispute with the state power company escalated into unpaid bills, an electricity cutoff and layoffs, according to a Reuters investigation.

This is a short WorldPing brief. The full report was published by Bitcoin.com.

Read the full report at Bitcoin.com

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Brief by WorldPing · Original reporting by Bitcoin.com