Pakistan Announces Bitcoin Mining Investment Amid Tensions With India! Here Are The Details
Pakistan has unveiled an ambitious project that would use 2,000 megawatts of excess electricity for Bitcoin mining and artificial intelligence (AI) data centres to cut energy waste and accelerate the country's digital transformation.
Pakistan to Use 2,000 MW of Surplus Power for Bitcoin and AI Mining to Speed Up Tech Progress
Pakistan's total power generation capacity is projected to reach 46,600 MW by March 2025, slightly up from the previous year.
However, a significant portion of this capacity remains idle at 14%, especially during the winter months when national demand can drop to 12,000 MW.
To address this underutilization issue, the Pakistani government plans to repurpose underutilized thermal power plants and aims to turn excess electricity into revenue sources by leveraging valuable digital assets and computing power.
The first phase of the initiative, which will begin in 2025, will allocate 2,000 MW to support the development of cryptocurrency mining capacity and artificial intelligence infrastructure.
In the future, Pakistan aims to integrate renewable energy sources such as solar, wind and hydropower into these activities. This shift represents a long-term step towards sustainable energy use within the country’s emerging digital economy.
This strategy is aimed not only at reducing the financial burden of capacity payments for idle facilities, but also at preparing Pakistan to actively participate in the global innovation race in the field of blockchain and artificial intelligence.
*This is not investment advice.
Source: cryptonews.net
