Pakistan Betting on Bitcoin Mining to Solve Its Power Problem
Portfolio Pulse from
Pakistan is considering leveraging its electricity surplus by attracting global Bitcoin miners, potentially transforming an economic challenge into a new revenue stream. High-level government meetings, including discussions with the Finance Minister and State Bank Governor, are exploring creating a special electricity tariff and regulatory framework for cryptocurrency mining.
March 22, 2025 | 1:00 pm
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Government's proactive approach to Bitcoin mining could increase global mining capacity and potentially stabilize Bitcoin's market dynamics by creating a new, regulated mining environment.
Pakistan's potential entry into Bitcoin mining represents a positive development for BTCUSD. By creating a structured, government-supported mining environment, the country could attract international miners, increase network hash rate, and signal growing institutional acceptance of cryptocurrency.
CONFIDENCE 70
IMPORTANCE 75
RELEVANCE 80