🇵🇰 IMF is concerned about Pakistan's plans to allocate 2000 MW for bitcoin and AI mining —
The IMF demanded explanations from Pakistan due to the plan to allocate 2000 MW for bitcoin and AI mining, despite the energy crisis and funding negotiations.
IMF representatives stated that they were not informed of the plans in advance and expressed doubts about the legal status of crypto in Pakistan.
There are also concerns about rising tariffs and inefficient distribution of energy resources.