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Home»Mining»Crypto Mining Surge and Erratic Weather Strain Laos’ Power Grid
Mining

Crypto Mining Surge and Erratic Weather Strain Laos’ Power Grid

May 17, 2024No Comments1 Min Read
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A report released on May 16 highlights how increased electricity consumption due to crypto mining and inconsistent rainfall have led to power shortages in Laos, challenging its goals as a hydropower exporter in Southeast Asia. Reuters: Increased Crypto Mining Strains Laos’ Hydropower Grid Laos, often called the “battery of Southeast Asia” for its extensive hydropower […]

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See also  Bitcoin Mining Margins Tighten as AI Pivot Accelerates, Coinshares Says – Mining Bitcoin News
Crypto Erratic Grid Laos mining Power Strain surge Weather
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