Laos plans to pull plug on crypto miners by early 2026

Laos plans to pull plug on crypto miners by early 2026

Laos is considering halting electricity supply to cryptocurrency miners by the first quarter of 2026, as it seeks to redirect domestic power to industries that contribute more to economic growth, the country’s deputy energy minister told Reuters.Read MoreThe post Laos plans to pull plug on crypto miners by early 2026 first appeared on The Who Dat Daily.

Laos May Cut Power To Crypto Miners By 2026

Crypto operators, drawn by cheap non-fossil energy, flocked to the landlocked Southeast Asian nation following a 2021 policy shift that triggered a rapid expansion in mining activity. The post Laos May Cut Power To Crypto Miners By 2026 appeared first on StratNews Global.