Tether, one of the largest cryptocurrency companies, has finally confirmed its exit from Uruguay after a breakdown in its negotiations with UTE, the national power company. The local press reported that the company fired 30 workers and notified the national labor ministry (MTSS) of these actions. Tether Leaves Uruguay, Abandons $500 Million Mining Investment The […]
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Bitcoin miners spent years racing to secure cheap electricity, and that electricity has since become more valuable than the Bitcoin mining business built on it.That inversion drives Fidelity's...
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