Laos faces electricity shortages as cryptocurrency mining and erratic rainfall strain its hydropower capacity. Somboun Sangxayarath, an advisor at Electricite Du Laos (EDL), cites cryptocurrency mining’s surge, now constituting over a third... Read more »
Thailand-listed United Power of Asia (UPA) plans to make investments up to $25 million in the cryptocurrency mining enterprise in Laos by way of a three way partnership firm with Singapore-based Asia... Read more »
This is an audio transcript of the FT News Briefing podcast episode: Laos welcomes cryptocurrency miners Marc FilippinoGood morning from the Financial Times. Today is Friday, September seventeenth, and that is your... Read more »
Government ministries will work with the central financial institution and nationwide energy utility to resolve on guidelines governing the usage of cryptocurrencies. The Laos authorities has introduced that six firms have been... Read more »
Welcome again. It was an uncommon week for cryptocurrencies: Cardano’s a lot anticipated community update lastly befell; cryptocurrency Litecoin mentioned it “screwed up” by sharing a false press launch; and way more. ... Read more »
Laos, a rustic located in Southeast Asia has approved the mining and trading of cryptocurrencies. This transfer will assist the nation revenue from Chinese miners as they are often an possibility in... Read more »
Advertisement The authorities of Laos has approved six firms to trial mining and buying and selling cryptocurrencies, the Laotian Times reported yesterday, regardless of its acknowledged issues that such currencies may very... Read more »