Tether, which announced Tuesday that it was doubling down on the Bitcoin strategy it has adopted, is now launching a mining facility in Uruguay with a licensed local company.

Tether announced last week that it would purchase a large amount of bitcoin which it would then custody.

In a announcement, the USDT issuer stated that it is actively seeking to hire energy specialists to support its South American mining initiative. Tether has listed a number of positions in Montevideo, Uruguay. These include an IT specialist, a site supervisor, an electrician, and a mechanical technologist.

Tether chose Uruguay to be the location of its bitcoin mining facility due to the high percentage of renewable energy generation in the country, primarily wind and hydropower , according of the International Trade Administration.

According to the ITA, Uruguay will generate over 98 per cent of its electricity from renewable resources by September 2022.

Tether’s Chief Technology Officer Paolo Ardoino cited Uruguay’s “renewable energies capabilities” and stated that Tether was committed to sustainability.

Ardoino stated in a press release that ‘our unwavering commitment towards renewable energy ensures every Bitcoin we mine has a minimal environmental footprint, while maintaining the security and integrity the Bitcoin network’.

Bitdeer, like Tether launched a $500-million fundraising effort along with Bhutan’s Government early May to pay for a CO2-free mining operation within the South Asian nation.

Tether’s move comes at a time when its stablecoin continues to exert dominance . According to statistics from Blockworks Research, USDT captures over 64% market share for stablecoins.

Tether was contacted by Blockworks but did not receive a response.