Crypto Mining Surge and Erratic Weather Strain Laos’ Power Grid

Crypto Mining Surge and Erratic Weather Strain Laos' Power GridA 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 […]