Tether Backed Adecoagro Plans 1,280 Rig Bitcoin Mining Operation Using Bioenergy

Highlights:

• Adecoagro will launch a sugarcane-powered mining facility in Brazil with 1,280 rigs and 10 MW of renewable energy.
• Bitcoin Mining at the site will use Tether’s Mining OS and electricity generated from sugarcane waste.
• Tether is expanding its mining strategy in Brazil after shutting down its previous operation in Uruguay.

Adecoagro, a NYSE-listed agro-industrial company backed by Tether, is preparing to launch a Bitcoin mining facility in Brazil powered by electricity generated from sugarcane waste. The company plans to start Bitcoin mining operations around July 1 at its Ivinhema unit in Mato Grosso do Sul.

Tether-Backed Adecoagro to Launch Sugarcane-Powered Bitcoin Mining in Brazil

Adecoagro, a South American agricultural company in which Tether is a major shareholder, is preparing to launch Bitcoin mining in Brazil using clean energy generated from burning sugarcane residue.… pic.twitter.com/3Gs7eT8jlx

— Wu Blockchain (@WuBlockchain) June 3, 2026

The initial deployment will use 10 MW of electricity generated from sugarcane waste and 1,280 Bitcoin mining rigs. Adecoagro can expand the facility to 40 MW if the initial operation meets its energy and commercial targets.

Adecoagro presented the project during the “Roots of the Future – Technology and Innovation to Build Tomorrow” event in Mato Grosso do Sul. During the event, Matheus Lechuga, project manager at Adecoagro, stated, “Our Data Center project aims to validate our entire structure and apply new technological developments. Today, the project focuses on a structure geared towards Bitcoin mining using clean energy from sugarcane. The project’s goal is to achieve energy efficiency.”

The Bitcoin mining facility represents the first operational project developed under the partnership between Adecoagro and Tether in Brazil. Tether acquired a 70% stake in Adecoagro, giving the stablecoin issuer access to farmland, sugar mills, renewable energy assets, and industrial facilities.

The launch turns a previously announced renewable-energy mining partnership into an operating Bitcoin mining facility in Mato Grosso do Sul. The partnership gives Tether access to Adecoagro’s renewable generation network, which exceeds 230 MW across South America.

Adecoagro operates sugar, ethanol, dairy, rice, and renewable energy businesses across Brazil, Argentina, and Uruguay. The company owns about 210,400 hectares of farmland and produces more than one million megawatt-hours of renewable electricity annually.

Bitcoin Mining Uses Tether Mining OS and Sugarcane Waste Energy

The mining facility will use Tether’s proprietary Mining OS software to manage equipment and monitor site performance. Tether previously announced plans to release the software as an open-source platform following its broader mining expansion.

⛏️ Bitcoin Mining is complex.
️⚡ Mining OS by Tether (MOS) makes it simple.

Introducing MOS — the open-source operating system for real mining infrastructure.

Modular. Scalable. Built for energy + hardware + data.

Explore the Documentation: https://t.co/3zcBHFFzRp
Join our… pic.twitter.com/G0GwbtfLKT

— Tether (@tether) February 2, 2026

The project uses bagasse, a fibrous byproduct left behind after sugar mills extract juice for sugar and ethanol production. Adecoagro burns bagasse in industrial boilers to generate steam that powers electricity-producing turbines. Adecoagro’s sugar mills can generate more electricity than their operations require during processing cycles. As a result, the company can either sell excess electricity to Brazil’s power grid or use it to support Bitcoin mining operations.

Adecoagro plans to use the surplus electricity from its sugarcane operations to power Bitcoin mining rigs at the Ivinhema site. Instead of selling all surplus electricity, Adecoagro can use part of that power to mine Bitcoin. The company expects Bitcoin mining to create an additional revenue stream from electricity already produced at its facilities.

Tether Expands Mining Strategy in Brazil After Uruguay Exit

The Brazil facility expands Tether’s Bitcoin mining operations in Latin America following investments in energy and mining infrastructure. Paolo Ardoino said Tether aims to become the world’s largest Bitcoin miner by the end of last year. Ardoino said Tether is investing in Bitcoin mining, artificial intelligence, telecommunications, and data centers as part of its expansion strategy.

Tether has also expanded its Bitcoin-related investments through Twenty One Capital, Strike, and Elektron Energy. Meanwhile, the Adecoagro project follows Tether’s withdrawal from a Bitcoin mining operation in Uruguay. Tether ended the project after meetings with officials from Uruguay’s National Directorate of Labor failed to produce progress. UTE cut electricity to the mining facility over nearly $5 million in unpaid bills. Following the closure, Tether laid off 30 of the facility’s 38 employees.