💥 Gate Square Event: #PostToWinPORTALS# 💥
Post original content on Gate Square related to PORTALS, the Alpha Trading Competition, the Airdrop Campaign, or Launchpool, and get a chance to share 1,300 PORTALS rewards!
📅 Event Period: Sept 18, 2025, 18:00 – Sept 25, 2025, 24:00 (UTC+8)
📌 Related Campaigns:
Alpha Trading Competition: Join for a chance to win rewards
👉 https://www.gate.com/announcements/article/47181
Airdrop Campaign: Claim your PORTALS airdrop
👉 https://www.gate.com/announcements/article/47168
Launchpool: Stake GT to earn PORTALS
👉 https://www.gate.com/announcements/articl
Tether's mining plan in Uruguay is hindered by power arrears, causing operational stagnation.
[Coin World] Due to the Uruguayan state utility company UTE cutting off power supply to its local partner Microfin for owing more than $5 million, operations in Flores Island and Florida region have been suspended, causing Tether's Bitcoin mining expansion plans in Uruguay to come to a halt. The USDT issuer entered Uruguay in 2023, utilizing renewable energy for mining. Despite signing a memorandum in June, the company still faces challenges regarding energy contract guarantees and electricity price disputes. This setback has raised questions about the viability of mining in high-cost markets, as Tether's broader plan to control 1% of the global Bitcoin network has encountered obstacles.