Bitcoin Mining Boost: Pakistan Allocates 2000 MW

Pakistan Allocates 2,000 MW for Bitcoin Mining and AI

• Pakistan announced a national initiative on May 25.
• The initiative allocates 2,000 megawatts (MW) in its initial phase.
• The power is designated for bitcoin mining and AI data centers.
• This move aims to utilize the nation’s excess generation capacity.
• The finance ministry is leading this strategic effort.

On May 25, Pakistan launched an initiative to allocate 2,000 MW of power for bitcoin mining and AI data centers, addressing its energy sector’s excess generation capacity challenge. The finance ministry spearheads this strategy to optimize resource use.