the Deputy Minister of Energy of Laos told Reuters that the country is considering cutting off power supply to cryptocurrency mines by the first quarter of 2026, in order to reallocate domestic electricity resources to industries that contribute more to economic growth. In 2021, Laos implemented policy adjustments to rapidly expand cryptocurrency mining activities, attracting cryptocurrency operators with cheap non-fossil energy sources to flock to this landlocked Southeast Asian country.
Laos plans to stop supplying electricity to cryptocurrency mining farms in early 2026
2025-10-17 12:00:13 Primitive Reading
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