New Energy Policy in Laos: Implications for Crypto Startups
As Laos gets set to stop supplying power to crypto mining by 2026, it’s clear this is a big deal for startups in the region. This change in focus towards sustainable sectors—like AI and electric vehicles—shows some ambition for economic growth but also opens up new pathways for energy solutions. Here’s how crypto startups might need to adjust to this shift and what it means for their operations.
Laos and Crypto: A Brief Overview
Laos has been a significant player in the crypto market mostly because it has had plenty of hydroelectric power. This energy surplus attracted crypto mining operations, with startups benefiting from the lower electricity costs. Now, however, the government’s decision to stop supplying power to these…
