Crypto miners are actively seeking to capitalize on Brazil's surplus renewable energy, engaging in negotiations with local power companies. At least six firms, including Tether, are exploring opportunities to utilize the country's excess wind and solar power, which has been bolstered by government subsidies. Renova, a renewable energy company, is investing $200 million in a mining project in Brazil's northeast, which will include six data centers powered by wind energy. This initiative aims to harness the flexibility of crypto mining to balance energy demand and minimize waste.