🇧🇹 Bhutan Bets Big on Green Crypto Mining to Power Its Economy
Bhutan is making headlines by leveraging its abundant hydropower to mine green cryptocurrencies, aiming to boost economic growth, create jobs, and curb youth emigration.
The country’s sovereign wealth fund, Druk Holding and Investments Ltd., has been mining crypto since 2019 and now plans to expand operations by attracting ESG-conscious companies seeking sustainable digital assets.
Bhutan aims to scale its hydropower capacity from 3.5 GW to 15 GW in the next 10–15 years, positioning itself as a global hub for clean crypto mining.
Bhutan is pioneering a model for eco friendly crypto mining.
The initiative could set a precedent for other nations with renewable energy resources.
It addresses both economic development and environmental sustainability Reuters+1The Guardian+1