Laos Eyes Bitcoin Mining To Tackle Mounting Debt
Laos is exploring a new way to service the debts from its decades-long hydropower build-out: turning excess electricity into Bitcoin. In a report published on September 17, the South China Morning ...
Source: Bitcoinist.com
Laos is exploring a new way to service the debts from its decades-long hydropower build-out: turning excess electricity into Bitcoin. In a report published on September 17, the South China Morning Post framed the pivot bluntly: “Saddled with debt and surplus electricity, the ‘battery of Southeast Asia’ is eyeing energy-intensive crypto mining to turn a […]