Who is Adecoagro, and why are Tether spending 1.24Billion to by a 51% stake? Adecoagro are a renewable energy and Agriculture company. Apart from some small hydro, most of that renewable energy comes from 1. Biomass Energy: Primarily from sugarcane bagasse. 2. Biogas: Tom agricultural waste and organic materials. For example, their Ivinhema mill in Brazil has a cogeneration capacity of around 150 MW, with surplus electricity sold to the grid. Agriculture and renewable energy go together, due to the huge amount or organic material that can be converted into power. But the problem has been, that power is often stranded, or fetches a low price. By integrating Bitcoin mining, they'll 1. earn more for that power 2. be able to set up new powergen operations in remote locations where power would otherwise have been wasted 3. reduce more methane caused by unutilized rotting organic matter Using Bitcoin mining for stranded biomass/biogas energy has been happening for years, but now it just got a whole lot more interesting because of the sheer scale of this proposed deal. It's also another step towards taking the entire network carbon-negative.