The 10 MW pilot in Ivinhema is slated for July 1, 2026 and would use bagasse-fired power, extending a renewable-energy mining partnership Adecoagro and Tether began exploring last year.
Adecoagro is moving ahead with a 10 megawatt Bitcoin mining pilot in Ivinhema, Mato Grosso do Sul, using electricity generated from bagasse, the fibrous sugarcane residue left after crushing stalks for sugar and ethanol production. Local reports say the project is targeted to start on July 1, 2026 with about 1,280 mining machines. Matheus Lechuga, project manager at Adecoagro, confirmed the initiative at the June 1, 2026 “Roots of the Future – Technology and Innovation to Build Tomorrow” forum. The pilot would test whether surplus renewable power from the company’s sugar and ethanol operations can be redirected into Bitcoin mining as a complement to traditional power sales. Adecoagro has more than 230 megawatts of renewable generation capacity across South America, while Tether, the USDT issuer and Adecoagro’s majority shareholder, had already signed a memorandum of understanding with the company in September last year to explore renewable-powered Bitcoin mining in Brazil. Tether said it would contribute digital-asset and sustainable-mining expertise, including its Mining OS, which is expected to be open-sourced.