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Pakistan to Use 10GW Surplus Electricity for Bitcoin Mining Operations

  • 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.

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