According to Foresight News, Pakistan has allocated 2000 megawatts of installed power capacity for the first phase of its nationwide plan to support Bitcoin mining and artificial intelligence data centers. The country is currently working towards legalizing cryptocurrency and attracting foreign investment.
The Pakistani Ministry of Finance stated that the initiative, led by the Pakistan Cryptocurrency Committee, aims to monetize surplus energy and create high-tech employment opportunities. The ministry noted that coal-fired power projects in Sahiwal, China Hub, and Port Qasim, currently operating at 15% capacity, are expected to be repurposed for this plan.
