Pakistan Dedicates 2,000MW Power to Bitcoin Mining and AI Boom

Yigit Taha OZTURK — Sun, 25 May 2025 12:00:11 +0000

When a nation seeks to reinvent its digital identity, bold infrastructure decisions often pave the way. Pakistan has just taken such a leap—by earmarking an impressive amount of excess energy exclusively for Bitcoin mining and artificial intelligence development.

Electric Surplus Turned into Digital Opportunity

According to reports, Pakistan’s Ministry of Finance, in collaboration with the Pakistan Crypto Council, has allocated 2,000 megawatts of surplus electricity to power Bitcoin mining farms and AI data centers. Finance Minister Muhammad Aurangzeb stated that this decision is expected to attract billions in foreign investment while also creating high-tech job opportunities nationwide.

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In a second phase, the plan includes integrating renewable energy sources into the mining process—emphasizing a commitment to environmentally responsible growth alongside digital innovation.

Clear Regulations, Attractive Incentives

Beyond energy allocation, Pakistan is actively offering tax incentives and duty exemptions to entice international BTC miners and AI firms. Several foreign delegations have reportedly visited the country to explore investment prospects.

To ensure regulatory transparency, the government has established the Pakistan Digital Assets Authority (PDAA), which will oversee licensing for exchanges, wallets, stablecoins, and other blockchain-based platforms. These steps mark a major pivot in Pakistan’s ambition to become a global tech and crypto leader.

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The post Pakistan Dedicates 2,000MW Power to Bitcoin Mining and AI Boom appeared first on Coin Engineer.

Pakistan Eyes Crypto Legal Framework to Attract Investors

Yigit Taha OZTURK — Thu, 20 Mar 2025 08:30:48 +0000

Pakistan is drafting a regulatory framework for cryptocurrencies, aiming to become a leader in blockchain-powered finance and attract foreign investors. Pakistan Crypto Council CEO Bilal Bin Saqib stated, “We no longer want to sit on the sidelines. We need a business-friendly, clear regulatory framework.”

Pakistan’s Crypto Vision

According to Bilal Bin Saqib, Pakistan has a Web3-ready workforce, with 60% of its population under 30. “We aim to establish ourselves in global finance through blockchain and crypto technologies,” he said.

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Recently appointed as Pakistan’s crypto advisory head for the Finance Ministry, Saqib highlighted that Pakistan ranks ninth globally in crypto adoption, with nearly 20 million users, according to Chainalysis data.

Saqib referred to former U.S. President Donald Trump as “the biggest bullish catalyst in crypto history.” He emphasized Trump’s plan to build Bitcoin reserves, urging nations to prioritize crypto to stay competitive.

A Stronger Economy Through Blockchain

Saqib noted that blockchain technology presents massive opportunities for developing nations like Pakistan and Nigeria. By leveraging blockchain for remittances and trade, these countries can cut transfer fees (5-9%) and enhance cross-border payment systems with faster, low-cost solutions.