Pakistan allocates 2,000MW power for Bitcoin mining and AI centers

Summary

Pakistan has allocated 2,000 megawatts of surplus electricity for Bitcoin mining and artificial intelligence centers as part of a digital transformation plan led by the Pakistan Crypto Council and the Ministry of Finance. The initiative aims to attract foreign investment and create high-tech jobs. The first phase focuses on utilizing excess power for AI and crypto operations, while the second phase will provide renewable energy access for mining. Tax incentives and duty exemptions for AI centers and Bitcoin miners have been introduced to encourage investment. The Pakistan Digital Assets Authority (PDAA) has been established to regulate blockchain financial infrastructure, oversee exchanges, and facilitate the monetization of surplus electricity through regulated Bitcoin mining. Pakistan ranks ninth in the Chainalysis 2024 crypto adoption index, with over 27 million estimated crypto users by 2025.

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