Crypto boom, erratic rain spark outages in Laos, Asia’s clean power export hub

Crypto boom, erratic rain spark outages in Laos, Asia’s clean power export hub

May 17, 2024 / NYJ Editorial Desk /

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HIGHER electricity demand in Laos due to cryptocurrency mining and erratic rainfall have led to power shortages, an advisor to its state-run utility said, revealing challenges to the nation’s prospects as a hydropower exporter to South-east Asia.

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NYJ Editorial Desk

I am an editor for Ny Journals, focusing on business and entrepreneurship. I love uncovering emerging trends and crafting stories that inspire and inform readers about innovative ventures and industry insights.

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