Looks like Tether's pulling the plug on its Bitcoin mining setup in Uruguay. Word is energy costs got too steep to justify keeping those rigs running. Guess even USDT's parent company isn't immune to operational squeeze when electricity bills start eating margins. Another reminder that mining profitability isn't just about hash rates—location and power prices matter just as much.
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gaslight_gasfeez
· 11-30 13:33
How many dreams have been killed by the electricity bill... Tether has also admitted defeat this time.
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DegenRecoveryGroup
· 11-29 20:03
Energy costs are killing miners, and now even Tether can't hold on, it's hilarious.
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OvertimeSquid
· 11-29 00:51
Energy costs are really a killer for mining; no matter how strong the Computing Power is, it can't withstand the electricity bills.
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FUD_Whisperer
· 11-29 00:39
Energy costs are killing people, that's the reality. No wonder even USDT can't hold up.
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GateUser-9ad11037
· 11-29 00:32
When energy costs soar, everything has to give way, even Tether can't withstand it.
Looks like Tether's pulling the plug on its Bitcoin mining setup in Uruguay. Word is energy costs got too steep to justify keeping those rigs running. Guess even USDT's parent company isn't immune to operational squeeze when electricity bills start eating margins. Another reminder that mining profitability isn't just about hash rates—location and power prices matter just as much.