Laos Eyes Bitcoin Mining To Tackle Mounting Debt
PositiveCryptocurrency

Laos is taking a bold step to address its mounting debt by exploring Bitcoin mining as a solution. With an abundance of surplus electricity from its extensive hydropower projects, the country aims to transform this energy into cryptocurrency, potentially boosting its economy. This innovative approach not only seeks to alleviate financial pressures but also positions Laos as a player in the growing crypto market, which could attract investment and create jobs.
— Curated by the World Pulse Now AI Editorial System