Pakistan Taps Surplus Power Capacity to Fuel Bitcoin Mining, AI Data Centers

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Pakistan has committed 2,000 megawatts of electricity to bitcoin mining and artificial intelligence data centers, the country’s finance ministry said.

The committed energy is being directed from coal-fired power plants that are currently running at 15% capacity, Bloomberg reports, in an initiative spearheaded by the Pakistan Crypto Council.

By tapping surplus energy, the government hopes to turn a liability into an asset. Officials say the plan will create tech-related jobs and help attract overseas capital as the country works to stabilize its fragile economy, which came close to default in 2023.

Pakistan is also laying the groundwork for a regulatory framework to support its estimated 15 to 20 million cryptocurrency users.

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