Adecoagro, a major South American agricultural firm backed by Tether, is set to initiate a Bitcoin mining operation in Brazil using electricity from sugarcane processing. The project, expected to commence on July 1, 2026, will start with a capacity of 10 megawatts and approximately 1,280 mining rigs. Adecoagro, which operates in sugar, ethanol, rice, dairy, and renewable energy sectors, will leverage its 230 megawatts of renewable energy capacity for this venture. The mining operation will utilize electricity generated from sugarcane bagasse, a byproduct of sugarcane processing. Brazil, a leading sugarcane producer with a robust ethanol and bioenergy industry, provides an ideal setting for this initiative. The success of this pilot could encourage other agricultural and renewable energy producers to explore Bitcoin mining as a means to utilize surplus electricity.