Agricultural holding Adecoagro, with the support of Tether’s USDT stablecoin issuer, is preparing to launch a mining Bitcoin farm in the Brazilian municipality of Ivaninha, which will start operations on July 1. The facility will use 1,280 mining devices with a total capacity of 10 MW, powered by renewable energy derived from sugar cane processing waste. All mined cryptocurrency will go to the company’s corporate reserve, not be sold on the market.

Tether and Adecoagro, one of the largest agribusiness holdings in South America, signed a cooperation agreement in July 2025. The company already operates biomass power plants with a capacity of more than 230 MW. The new mining project will use excess energy that was previously sold on the spot market to convert agricultural waste into electricity by direct burning or ethanol production.

The use of non-standard renewable energy sources for crypto mining is becoming a global trend. Similar initiatives include the Russian company "Kryptofactory," which extracts BTC from energy from chicken dung and wood waste, an Irish farmer using cow manure for biogas production, and a recent project in Bolivia by Alps Blockchain and Qurubiqa, launched the mining on a standing gas tank with a capacity of 127 MW.