Tether has announced the closure of its Bitcoin mining operations in Uruguay, citing high energy costs and an ongoing $4.8 million dispute with the state utility company, UTE. The decision comes as Tether faces increasing operational challenges in the region, where energy expenses have significantly impacted profitability. The dispute with UTE centers around billing disagreements, which have exacerbated the financial strain on Tether's mining activities. This move marks a significant shift in Tether's strategy as it reassesses its operations in response to the challenging economic environment in Uruguay.