Pakistan is exploring ways to allocate its surplus electricity to Bitcoin mining, according to Bilal bin Saqib, the head of Pakistan’s Crypto Council and advisor to the finance minister.
The government is in discussions with mining firms to utilize the excess power, with the location of the mining centers determined by regions with available surplus power.
Pakistan is in the top 10 global crypto adopters, with an estimated 15-20 million crypto users and a ranking as the third-largest global freelancer economy.
Changpeng Zhao, founder of Binance, will serve as a strategic advisor to the Pakistan Crypto Council, supporting blockchain infrastructure development and advising on regulatory frameworks.