Tether and Adecoagro Team Up for Eco-Friendly Bitcoin Mining

  • Tether partners with Adecoagro to mine Bitcoin using surplus renewable energy from biomass and bioenergy in Brazil.
  • The project aims to optimize energy use, diversify revenue, and launch open-source Bitcoin mining software.
Brazil is not just famous for its coffee and football. Earlier this July, the country became the stage for a collaboration between USDT issuer Tether and agribusiness giant Adecoagro. The two signed a memorandum of understanding (MoU) to convert surplus renewable energy—mainly electricity from sugarcane waste and bioenergy plants—into Bitcoin mining “fuel.” The initial target is 230 MW, enough to drive around 6.9 EH/s of hash rate. If that figure is achieved, it will contribute more than 1.5% of global grid power. That’s quite a lot, especially since the electricity is not from coal, but from plantation byproducts. Tether and Adecoagro To Power Bitcoin Mining With Renewable Energy In Brazil
Learn more: https://t.co/Q8NhdgG79q — Tether (@Tether_to) July 3, 2025 Green Energy Meets Bitcoin Mining Adecoagro has been selling excess power to the spot market. However, spot prices often fluctuate, while Bitcoin mining offers a more stable cash flow. On the other hand, Tether has been actively shifting its mining footprint to renewable energy. Last April, for example, the company transferred its hashrate to the OCEAN protocoltransferred its hashrate to the OCEAN protocol for a more decentralized mining structure. Tether is also preparing its own Mining OS—it says it will make it public—to maximize the efficiency of new rigs in Brazil. That’s not all, CNF has previously highlighted Tether’s work outside of mining. In Zanzibar, the company has signed another MoU to promote digital asset literacy and the integration of stablecoins into local payment systems. These cross-continental relationships are a pattern: Tether seems to want to be at the crunch point between energy, finance, and digital infrastructure—killing three birds with one stone. Tether Pushes Boundaries with Local AI and Sustainable Mining What’s the point of green mining if the technology still relies on traditional, power-hungry clouds? That question was answered in mid-May when Tether launched QVAC, a decentralized AI platform that runs directly on users’ devices. QVAC can process translations, and even make Bitcoin or USDT payments, without having to send data to a central hub. For Adecoagro, this solution is appealing: they’re not just mining coins, they’re also potentially adopting a standalone, bandwidth-efficient software ecosystem. However, the Brazilian project is still in the design stage. Adecoagro’s independent committee has given the green light, but a series of technical tests, environmental permits, and adjustments to the local power grid still need to be completed. There’s also the question of Bitcoin’s volatility: what if the price crashes when the new rigs come online? Executives casually answer, “There’s always market risk, but the energy that was wasted now has a steady buyer.” After all, biomass power is still generated every milling season; the only other options are to sell it to the grid at a lower price or shut down the turbines. On the other hand, public sentiment is shifting. Biomass-based mining is seen as more environmentally friendly than giant gas-fired data centers. Many analysts in Brazil see the Tether-Adecoagro model as a blueprint for other agricultural sectors with surplus electricity. Furthermore, if the project is successful, Adecoagro could potentially add Bitcoin to its balance sheet, alongside its land assets—a kind of digital savings account alongside its farmland.

Tether Teams Up With Sustainability Giant Adecoagro on Renewable Bitcoin Mining Energy Project

The crypto firm behind the leading US-dollar pegged stablecoin USDT is looking to make Bitcoin (BTC) mining more sustainable. In a new press release, Tether says it is joining forces with Adecoagro on a renewable energy BTC mining project in Brazil. Adecoagro is a leading South American sustainable production firm. Tether and Adecoagro have co-signed a Memorandum of Understanding as they explore collaborating on BTC mining. As a result of this project, Adecoagro also plans to add BTC to its corporate balance sheet. Says Adecoagro Co-Founder and Chief Executive Officer Mariano Bosch of the partnership, “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 upcoming project will aim to show how renewable energy sources can be used to support crypto mining through both technology and infrastructure. Explains Tether CEO Paolo Ardoino, “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. 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. We believe this model can drive financial inclusion, promote energy efficiency, and serve as a blueprint for responsible innovation at the intersection of technology and sustainability.” Follow us on X, Facebook and Telegram
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&nbsp Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Tether Teams Up With Sustainability Giant Adecoagro on Renewable Bitcoin Mining Energy Project appeared first on The Daily Hodl.

Ripple Is ‘Infinitely’ Worse Than Tether, Says ZachXBT

A fresh burst of verbal shrapnel from on-chain investigator ZachXBT has reignited the long-running feud between the sleuth and the XRP community, with Ripple again cast as the outlier among major stable-asset ecosystems. The exchange began after WatcherGuru reported on X + that Circle, the issuer of USD Coin (USDC), has applied to become a federally regulated national trust bank in the United States. Within minutes, ZachXBT—whose meticulous wallet-tracking has underpinned investigations into more than $100 million in blockchain thefts—accused Circle of turning a blind eye to sanctioned North Korean activity. “Circle / USDC is the primary infra used by DPRK IT workers to facilitate payments. They currently do NOTHING to detect / freeze the activity while boasting about compliance… I can point out high 8 figs in recent volume,” he wrote, adding that the indifference is symptomatic of “the crime super cycle.” Tether, Circle, Paxos All More Trustworthy Than Ripple? An XRP supporter swiftly attempted to redirect the criticism: “So you’re saying we should be using RLUSD instead, eh?”—a reference to Ripple’s yet-to-launch, asset-backed stablecoin. ZachXBT’s reply was unambiguous: “I trust Circle, Paxos, or Tether infinitely more than Ripple.” Pressed to justify preferring Tether—whose opaque reserves have drawn scrutiny from US and EU regulators—over Ripple, he gave a terse rationale: “They all at least have organic users whereas Ripple does not and theirs comes from misrepresenting paid partnerships to make it appear like adoption.” The XRP advocate denounced that assessment as “lazy,” citing integrations with AeonPay, Alchemy Pay and “millions of merchants,” and argued that paying for partnerships is an industry-wide growth tactic. ZachXBT did not further elaborate, but the latest salvo is consistent with a trail of earlier broadsides. In March 2025 he asserted that a legitimate layer-1 chain can be gauged by the presence of native stablecoins from the “big three” issuers—Circle, Tether and Paxos. “Both ADA and XRP have zero from major stablecoin issuers…” he wrote at the time. In January 2025 he highlighted what he characterized as opaque treasury flows, noting that more than $109 million in XRP had moved from wallet rhREXVHV938ToGkdJQ9NCYEY4x8kSEtjna, activated by Ripple co-founder Chris Larsen, to exchanges including Coinbase, Bitstamp and Bybit in a single month. “Well I guess it’s a good thing no one stalks XRP transfers from wallets tied to the founders/foundation,” he remarked sarcastically. Responding to a February 2024 plea to investigate an alleged XRP scam address, he quipped that the wallet in question could not have “scammed more than the XRP founders constantly dumping 9 figs on bag-holders.” Taken together, the remarks sketch a researcher who, while frequently critical of compliance practices at the stablecoin heavyweights, nevertheless views Ripple as uniquely untrustworthy—chiefly for what he deems manufactured network adoption and persistent insider selling. At press time Ripple Labs, Circle, Paxos and Tether had not publicly responded to the latest remarks. XRP traded at $2.1978.

$1 Billion On The Table: Tether Co-Founder Launches Crypto Investment Fund

Reeve Collins and Chinh Chu are lining up to raise as much as $1 billion through a SPAC to build a big crypto fund. According to a Bloomberg report, they’ve bought sponsor stakes in M3-Brigade Acquisition V Corp. The money would flow into a mix of Bitcoin, Ethereum and Solana. Investors will be watching every step closely. Background On The Sponsors Reeve Collins helped start Tether and led that company from 2013 to 2015. Chinh Chu spent years as a top dealmaker at Blackstone before she left in 2015. Based on reports, each has a sponsor interest in M3-Brigade Acquisition V Corp. That gives them a direct say in how the SPAC moves forward. So, $mbav. On ssr after today. Like the setup. Tether co-founder hype. Will buy the panican shares. Also, Mohsin Meghji is an extremely smart cookie IYKYK. Tbh. The whole board is super solid. Unique for a spac. https://t.co/aazIvjFNeI — TheForestnottheTrees (@richtrades100) June 25, 2025 Structure Of The SPAC Deal M3-Brigade Acquisition V Corp is already listed on a US exchange. Collins, a Tether Co-founder, and Chu, former Blackstone executive, are working with Cantor Fitzgerald LP as adviser. They hope to merge the SPAC with a newly formed fund. The goal is to turn public capital into crypto assets. The plan could change before it closes, though. The $1 billion target is what they’re talking about for now. Portfolio Mix And Goals The fund would hold at least three assets: Bitcoin, Ethereum and Solana. Based on reports, they’re looking to spread risk by picking more than one token. That stands in contrast to a recent effort by hedge fund executives who want $100 million for a BNB-only treasury. Industry Implications And Next Steps Institutional interest in crypto treasuries has picked up over the past year. Several public companies have already added Bitcoin to their balance sheets. This new move could push more firms to consider digital tokens. Cantor Fitzgerald’s role suggests the sponsors want to follow clear rules on how money flows. Investors will want updates on timing, fees and how assets are valued. Regulators are still watching SPAC deals closely. Any big change in plan could draw extra questions. Based on reports, Collins and Chu haven’t set a firm deadline for closing. The SPAC could hunt for other targets tied to crypto or blockchain if this fund plan shifts. This effort feels like a next step in bringing crypto into the mainstream of big investors. If it succeeds, a $1 billion digital asset treasury could become a new benchmark. Featured image from Unsplash, chart from TradingView

Double Trouble: Crypto User Loses $2.5M By Copying Same Scam Address Twice

A crypto user has just lost more than $2.5 million in a simple copy-and-paste mistake. They tried to move 843,166 USDT to a safe wallet. Instead, they sent a chunk of it to the wrong address. Then they did it again—this time sending $1.7 million to the same scammer. It’s a costly reminder that even small slips can erase fortunes. Copy-Paste Blunder Leads To Million-Dollar Loss According to on-chain records, the victim first moved $838,611 in USDT to the right address (0x4668D1Fe87444a4d750…). A moment later, they clicked the wrong entry in their transaction history. That misstep cost them 843,166 USDT at current prices. They tried once more. And again the funds went to the scammer’s account—and another $1.7 million vanished. History Poisoning Trick Catches Many Off Guard Based on reports from Scam Sniffer, scammers are using “transaction history poisoning” to pull off these cons. They send tiny “dust” transfers from look-alike addresses—just enough to clutter a wallet’s history. Transaction History Poisoning: 1. Scammer sends fake/dust transfer with similar address 2. Their fake address appears in your history 3. You copy address from history thinking it’s legitimate 4. Funds get sent to scammer insteadhttps://t.co/S2lM8J8XWm — Scam Sniffer | Web3 Anti-Scam (@realScamSniffer) May 26, 2025 When users scroll back through past transactions, they can’t tell the real address from the bogus one. Copy. Paste. Gone. In this case, the attack address (0x4668EE748c88DA4FEc…) looked almost identical to the real one. And it showed zero balance, adding to the confusion. Phishing Scams Remain High April’s phishing losses hit $5.29 million. That’s down 17% from March. But the number of victims climbed 26%, from 5,992 to 7,565 addresses. A single “whale” lost $1.43 million to a phishing signature. Back in March, the biggest haul was $1.82 million. ScamSniffer April 2025 Phishing Report April losses: $5.29M | 7,565 victims VS March: -17% in losses | +26% in victims Key insight: Notable spike in victim count despite lower total losses. Largest attack netted $1.43M via phishing, followed by $700K from address poisoning… pic.twitter.com/mJbGgGyGrN — Scam Sniffer | Web3 Anti-Scam (@realScamSniffer) May 3, 2025 April’s second-largest attack saw one user lose $700,000 after copying the wrong address. Another person sent $150,000 by mistake. And wallet 0xEFc4f1d5 alone lost over $467,000 in a similar copy-paste trap. New Threats From EIP-7702 Upgrade On May 24, the phishing gang Inferno Drainer used Ethereum’s new EIP-7702 rules to steal almost $150,000 in one hit. EIP-7702 lets regular accounts act like smart contracts for a moment. The scammers guided victims to approve a batch of hidden token transfers through a delegated MetaMask setup. One click opened the door for a silent “execute” command that drained the wallets in seconds. Greed Breeds Risk Crypto markets are near $3.5 trillion in total value. Bitcoin hit a fresh all-time high of $111,900 on May 22. Traders are chasing big gains. That rush makes urgent moves, and urgent moves invite mistakes. Featured image from Unsplash, chart from TradingView