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The project, managed by Adecoagro, an cultivation powerhouse, volition represent 1 of the archetypal initiatives of its benignant successful Latam. Matheus Lechuga, task manager astatine Adecoagro, stated that astatine this archetypal stage, the institution seeks to execute vigor efficiency.
Published: Jun 4, 2026, 6:30 PM
Key Takeaways
- Adecoagro and Tether acceptable a July 1st motorboat for a greenish bitcoin farm, adjacent boosting eco-friendly markets.
- Matheus Lechuga revealed a 10 MW workplace to powerfulness 1,280 rigs, adjacent upgrading bitcoin marketplace efficiency.
- Tether bought Adecoagro via a $600M deal, blending agriculture and Bitcoin to disrupt vigor markets.
Tether-owned Adecoagro to Pilot Sugarcane-Fueled Bitcoin Mining successful Brazil
Mining companies are migrating to cheaper, greener powerfulness sources to support their operations economically viable and support the environment.
Adecoagro, 1 of the largest cultivation companies successful Latam, has announced a caller task that seeks to harvester 1 of its trademark crops with the emergence of the information halfway wave. The company, which manages implicit 500k hectares of onshore successful Brazil, Argentina, and different countries successful Latam, is launching a task to powerfulness a bitcoin mining workplace with vigor obtained from sugarcane.
According to local media, Matheus Lechuga, task manager astatine Adecoagro, presented this inaugural arsenic portion of the “Roots of the Future” agenda, demonstrating the company’s aboriginal operations successful Mato Grosso bash Sul.
He stated:
“Our information halfway task aims to validate our full operation and effort to use caller technological developments. Today, the task focuses connected a operation geared towards Bitcoin mining, utilizing cleanable vigor from sugarcane.”
Lechuga stressed that the task aims to make 10 MW to powerfulness 1,280 mining rigs, targeting July 1st arsenic the motorboat date. “The project’s extremity is to execute vigor efficiency,” helium highlighted.
Bagasse, a byproduct of the sugarcane refining process, tin beryllium utilized arsenic a biofuel owed to its precocious fibrous content. Burning sugarcane releases little c dioxide into the ambiance than the c absorbed by the works erstwhile grown. This means that the full rhythm is carbon-neutral astatine worst, oregon adjacent better.
This is the archetypal inaugural to harvester Tether’s integer origins with Adecoagro’s cultivation strengths to maximize the usage of disposable resources and summation the company’s equilibrium sheet. In July, the 2 companies signed a memorandum of knowing (MoU) to research bitcoin mining collaborations.
Tether took implicit Adecoagro aft making a $600 cardinal all-cash offer, becoming the bulk stakeholder past year.
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