Pakistan is leveraging its surplus electricity for Bitcoin mining and AI, transforming potential waste into profit. Plans include establishing dedicated mining centers to use over 10,000 megawatts of excess power, while a new tariff is expected to alleviate costly energy payments.
Pakistan’s government, reversing its former bans on cryptocurrency, has formed a Crypto Council and appointed Changpeng Zhao as an advisor, indicating a commitment to integrate digital assets. These moves reflect growing interest in fostering a regulated crypto environment and harnessing blockchain technology.
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