Laos plans to stop supplying electricity to cryptocurrency mining farms at the beginning of 2026
Jinse Finance reported that the Deputy Minister of Energy of Laos told Reuters that the country is considering stopping the supply of electricity to cryptocurrency mining farms before the first quarter of 2026. This move aims to reallocate domestic power resources to industries that contribute more to economic growth. In 2021, Laos introduced policy adjustments that led to the rapid expansion of cryptocurrency mining activities, and cryptocurrency operators, attracted by cheap non-fossil energy, flocked to this Southeast Asian landlocked country.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
OpenSea CEO: Plans to launch SEA token in Q1 2026
Data: Hyperliquid platform whales currently hold $5.244 billions, with a long-short ratio of 0.86
Trending news
MoreCrypto prices
More








