Pakistan might be on the verge of a surprising shift—turning to Bitcoin mining to solve its electricity challenges. With surplus power weighing heavily on its economy, the government is exploring ways to bring in global Bitcoin miners, turning unused energy into profits rather than waste. Could this be the beginning of a digital revolution in Pakistan?
Government Eyes Bitcoin Mining
The Ministry of Energy is actively considering a special electricity tariff for industries like Bitcoin mining, hoping to attract investors without relying on government subsidies.
The idea is simple—miners need cheap electricity, and Pakistan has a surplus. By bridging this gap, the country could transform a long-standing power sector problem into an economic opportunity.
This idea gained momentum during a key meeting between Power Minister Awais Leghari and Bilal Bin Saqib, the CEO of the newly formed Pakistan Crypto Council (PCC). The discussion revolved around how Pakistan could position itself as a global hub for cryptocurrency mining.
This was followed by an even bigger meeting, chaired by Finance Minister Muhammad Aurangzeb. Attended by top officials, including the State Bank Governor and regulators, the gathering focused on whether Pakistan should embrace cr