Sources and documents detail how Tether's plan to build two bitcoin mining sites in Uruguay fell apart amid a dispute with state utility UTE over power supply
THE SO WHAT
Energy-heavy compute projects now live or die on utility relationships and contract structure as much as on hardware and capital. If you’re planning large AI or mining deployments, lock in power terms, curtailment rules, and political risk upfront—grid access is the real bottleneck.
READ THE SOURCE
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