Pakistan Initiates Special Tariffs for Crypto Mining
- Pakistan is establishing market-based electricity tariffs for crypto mining and blockchain data centers.
- The initiative aims to utilize surplus energy without government subsidies.
- Bitcoin’s electricity consumption is estimated between 137 and 175 TWh from January 2024 to February 2025.
- Awais Leghari, Federal Minister of Energy, met with the Pakistan Crypto Council to discuss global mining opportunities.
- The Pakistan Crypto Council is developing a regulatory framework for digital assets to attract investment.
Pakistan plans to implement special electricity tariffs for crypto mining, aiming to use excess energy efficiently while fostering a regulated digital asset industry. The initiative seeks to attract global investment by creating a transparent financial ecosystem in the blockchain space.
Source (2.6)https://cryptobriefing.com/bitcoin-mining-pakistan-surplus-energy/?rand=59535