- Pakistan commits 2000 MW for Bitcoin mining to enhance economy.
- Bilal Bin Saqib plays a key advisory role.
- Foreign investment and job creation expected.
Pakistan aims to convert surplus energy into economic advantage, influencing the global digital landscape with strategic power allocations.
The Government of Pakistan is harnessing 2000 MW from coal plants to fuel Bitcoin mining and AI data centers. This move is a key strategy to transform surplus electricity into a digital revenue stream, a first for the nation.
Key players include the Ministry of Finance and the Pakistan Crypto Council, led by entrepreneur Bilal Bin Saqib. Tax incentives and duty exemptions are being offered to attract international partners.
Immediate effects include potential foreign direct investment from interested global technology firms. The initiative is expected to generate high-tech jobs and stronger economic ties.
“This strategic allocation marks a pivotal moment in Pakistan’s digital transformation journey, unlocking economic potential by turning excess energy into innovation, investment, and international revenue.” — Muhammad Aurangzeb, Finance Minister, Government of Pakistan
Economically, Pakistan aims to create a digital hub, acting as a strategic bridge in global data flows. The plan is to attract foreign investments and capitalize on geopolitical advantages.
Pakistan’s move may influence global energy and crypto markets, proposing a bold economic pivot with substantial foreign investment potential. The emphasis is on regulatory support and a framework conducive to international digital businesses.
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