Pakistan is repurposing underutilized coal plants to allocate 2,000 MW for Bitcoin mining and AI data centers, signaling a major push toward crypto legalization and tech modernization. The move could position Pakistan as a regional leader in digital asset adoption, potentially sparking competition with neighboring India. Amid IMF warnings, the country remains committed to expanding its crypto footprint.
- Pakistan could mine ~17,000 BTC annually if half the 2,000 MW allocation is used optimally for Bitcoin mining.
- The IMF has warned against crypto exposure, but Pakistan joins El Salvador and others in pursuing Bitcoin projects despite loan agreements.
- Binance founder Changpeng Zhao advises Pakistan’s Crypto Council, signaling strong industry collaboration.
📎 Related coverage from: cryptoslate.com
