Pakistan Turns Up The Heat On Bitcoin Mining With 2,000MW Power Allocation
The post Pakistan Turns Up The Heat On Bitcoin Mining With 2,000MW Power Allocation appeared on BitcoinEthereumNews.com. Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Pakistan’s government has moved to put its excess electricity to work in a surprising way. It has set aside 2,000 megawatts of surplus power for Bitcoin mining and artificial-intelligence centers. This decision aims to turn an energy glut into an economic boost. It comes as part of a wider plan backed by the Finance Ministry and pushed by the Pakistan Crypto Council. Surplus Power Allocation According to local reports, Pakistan’s grid often produces more power than it needs. Now, that extra juice will be sent to data halls and mining rigs. The first phase kicks off immediately. It will feed AI centers and crypto farms. Officials say this move could draw in billions in foreign cash. It should also open up tech jobs in cities and towns across the country. Pakistan’s Finance Ministry announced it will allocate 2,000 megawatts of surplus power to support Bitcoin mining and AI center development as part of its national digital transformation strategy. The government has introduced tax incentives to attract foreign firms, with several… — Wu Blockchain (@WuBlockchain) May 25, 2025 Tax Breaks And Investment Based on reports, the Finance Ministry has rolled out special tax breaks for AI sites. Bitcoin miners will also get duty exemptions on their gear. Already, foreign delegations have been touring Pakistan to see the setup. They’re checking out potential deals for hardware, software, and data-center space. Finance Minister Muhammad Aurangzeb told reporters that clear rules and perks will make Pakistan a top spot for tech investors. BTC is now trading at $107,616. Chart: TradingView Creating An Oversight Authority The government is also setting up a Pakistan Digital Assets Authority. This new body will license and regulate exchanges, wallets, and token platforms. It will keep an…
The post Pakistan Turns Up The Heat On Bitcoin Mining With 2,000MW Power Allocation appeared on BitcoinEthereumNews.com.
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Pakistan’s government has moved to put its excess electricity to work in a surprising way. It has set aside 2,000 megawatts of surplus power for Bitcoin mining and artificial-intelligence centers. This decision aims to turn an energy glut into an economic boost. It comes as part of a wider plan backed by the Finance Ministry and pushed by the Pakistan Crypto Council. Surplus Power Allocation According to local reports, Pakistan’s grid often produces more power than it needs. Now, that extra juice will be sent to data halls and mining rigs. The first phase kicks off immediately. It will feed AI centers and crypto farms. Officials say this move could draw in billions in foreign cash. It should also open up tech jobs in cities and towns across the country. Pakistan’s Finance Ministry announced it will allocate 2,000 megawatts of surplus power to support Bitcoin mining and AI center development as part of its national digital transformation strategy. The government has introduced tax incentives to attract foreign firms, with several… — Wu Blockchain (@WuBlockchain) May 25, 2025 Tax Breaks And Investment Based on reports, the Finance Ministry has rolled out special tax breaks for AI sites. Bitcoin miners will also get duty exemptions on their gear. Already, foreign delegations have been touring Pakistan to see the setup. They’re checking out potential deals for hardware, software, and data-center space. Finance Minister Muhammad Aurangzeb told reporters that clear rules and perks will make Pakistan a top spot for tech investors. BTC is now trading at $107,616. Chart: TradingView Creating An Oversight Authority The government is also setting up a Pakistan Digital Assets Authority. This new body will license and regulate exchanges, wallets, and token platforms. It will keep an…
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