Image src hold a reference for the file path in your output directory, it does not emmit the file, but at the moment it lacks the smartness and capability of file-loader to maintain relative paths.
I am Currently working on a solution to pipe it after file-loader or url-loader or find a better src URL implemenation please feel free to submit a PR or raise an issue with your idea.
Loading JPEG or JPG files
in your webpack config file
test: /\.jpe?g$/loaders:loader: 'lqip-loader'options:path: '/media' // your image going to be in media folder in the output dirname: '[name].[ext]' // you can use [hash].[ext] too if you wish
In your module
;console // that's the base64 blurry file, use firstconsole // that's the original image URL to load later
MIT - Zouhir Chahoud