Clean energy glut draws cryptocurrency miners to Brazil
Yahoo Finance·2025-10-01 16:14
(Corrects 14th paragraph to say Auren Energia is controlled by two different companies, not a joint venture.) By Leticia Fucuchima SAO PAULO (Reuters) -Crypto mining companies are actively negotiating contracts with Brazilian electricity providers, such as Renova Energia, that would benefit from the South American country's surplus renewable power without burdening the grid during peak times. Following crypto heavyweight Tether, which announced in July an investment in the South American country, there ...