Laos to Crypto Miners: Power's Out by 2026

Laos pulls the plug on crypto? The country is considering cutting off electricity to crypto miners by early 2026 to power booming industries like AI and EVs. Once a haven for cheap hydropower crypto mining, Laos now sees crypto as a low-value industry. With a focus on becoming the battery of Southeast Asia and a major legal battle over unpaid hydropower dues, Laos is prioritizing energy exports and industries that promise faster economic growth. Crypto miners, beware: your days may be numbered.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.