Crypto Mining Surge and Erratic Weather Strain Laos’ Power Grid
Submitted by Anonymous (not verified) on Fri, 05/17/2024 - 22:10

On-chain data suggests the Bitcoin “Miner Price” metric has fallen under the BTC Electrical Cost. Here’s what happened next the last few times.
President Biden's emergency order to halt the Chinese-tied mining on the doorstep of a nuclear-missile base hit days after mining giant CleanSpark
The bank sees limited upside for the bitcoin price in the near term due to a number of headwinds.
The miner’s bitcoin stash is a protective feature for investors and opportunistic capital for the business to use for growth, the report said.


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