Tether and Bitcoin Mining

We're excited to contribute to the future of finance using green energy! Our Tether mining facilities utilize renewable resources to support the Bitcoin network. Uruguay is an excellent spot for our Bitcoin mining activities. This amazing country in South America has a huge advantage with its sustainable and green energy sources. Actually, a large portion of Uruguay's energy comes from renewables, which makes it a great place for our energy-demanding operations. I wonder what they get up to at night when there's not enough electricity for the mining rigs?

Uruguay gets most of it's electricity from hydro, it's an exporter but overall it's a small nation, their production capacity for example is under Iceland and just below Sri Lanka. With a total capacity of 3.5GW available don't expect tether to move hundreds of MW of machines there, from what they've released till now it's a 40MW plant expected to reach full capacity by 2025, so 10k machines at most, 2exahash, 0.3% of the current hashrate.

It appears that Uruguay has four hydroelectric power plants that have a generating capacity of about 1.5 gigawatts. The country  claims that 98% of its energy comes from renewable sources, so this type of claim is useful for those in public relations campaigns, not for those who want to continue making a profit from Bitcoin mining. . https://www.trade.gov/country-commercial-guides/uruguay-renewable-energy-equipment Average electricity prices seem low but I don't know if they would get it at those prices.

Those are average household prices, nobody mines on the average for their country. The same site says 15 cents for the US: https://www.statista.com/statistics/200199/residential-sector-electricity-prices-in-the-us-since-1975/ But Riot mines at: https://www.sec.gov/Archives/edgar/data/1167419/000107997321000537/ex99x1.htm Hut 8 at: https://hut8.com/wp-content/uploads/2021/08/Q1-2021-MDA.pdf Average prices mean nothing, just how that so called cost per bitcoin by country graphic was highly misleading.

I think that hydroelectricity has always been cheaper than solar and wind electricity. If the company takes the night power and increases the efficiency of the hydroelectric power plant, then this is good for the electricity producer. But it seems to me that it is more profitable to buy a contract for a fixed 40 megawatts and mine coins.

I am new here but still think that solar electricity is far away from being very functional to many  changeble. I mean wind and sun is a weather and it does not mean that it will be active when you need it