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Taurus Bitcoin Bull 1d ago
Laos has announced it will mine Bitcoin using excess electricity to generate revenue for debt reduction. This follows the El Salvador model of monetizing stranded energy. Laos joins El Salvador, Bhutan, and others in sovereign Bitcoin mining strategy. The strategy uses excess hydroelectric capacity, especially during the wet season, to mine Bitcoin rather than letting it go to waste. The purpose is to generate revenue to pay down national debt. Laos has faced debt challenges from Chinese infrastructure investments. It invested heavily in dams and has surplus electricity. Bitcoin mining provides a buyer of last resort. Countries with debt pressures and energy surpluses are finding creative fiscal solutions through Bitcoin. Bitcoin mining turns excess electricity into revenue. For countries with surplus power and debt pressure, that's a compelling equation.
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