A report launched on Could 16 highlights how elevated electrical energy consumption attributable to crypto mining and inconsistent rainfall have led to energy shortages in Laos, difficult its objectives as a hydropower exporter in Southeast Asia. Reuters: Elevated Crypto Mining Strains Laos’ Hydropower Grid Laos, usually known as the “battery of Southeast Asia” for its in depth hydropower […]
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Exchange stablecoin ratio hits record low, fueling Bitcoin surge
The trade stablecoin ratio (ESR) is an on-chain metric that signifies the stability of liquidity between Bitcoin and stablecoins held...