Pakistan is set to power Bitcoin mining and AI data centers using its surplus electricity, marking a bold shift in tech and energy policy. The move aims to transform excess energy into a strategic economic asset. According to a Reuters report, this initiative could help modernize Pakistan's economy and maximize returns on longstanding energy investments.
Bilal Bin Saqib, head of Pakistan’s Crypto Council and adviser to the finance minister, announced the plan on Wednesday. He confirmed that discussions have already begun with multiple mining companies. This comes as a creative response to structural issues in Pakistan's power sector, including overcapacity and high electricity costs.
Interestingly, the announcement follows the recent appointment of Binance founder Changpeng Zhao (CZ) as Pakistan’s new strategic advisor on crypto. This signals the government’s growing interest in digital assets and infrastructure as a future growth engine.
