Pakistan Allocates 2,000 Megawatts for Bitcoin Mining and AI Centers

Pakistan's finance ministry has allocated 2,000 megawatts of electricity for bitcoin mining and AI data centers. This energy is sourced from coal-fired power plants operating at 15% capacity.

Key points include:

The initiative is led by the Pakistan Crypto Council.
The government aims to convert surplus energy into economic assets.
This plan is expected to create tech jobs and attract foreign investment.
Pakistan is developing a regulatory framework for its 15 to 20 million cryptocurrency users.