Pakistan is planning to use its extra electricity to power Bitcoin mining and Artificial Intelligence (AI) data centers. This new step shows a fresh direction in the country’s tech and energy policies.
The main goal is to turn unused energy into something useful that can help boost the economy. A report by Reuters says this move could help Pakistan modernize its economy and get better value from its past investments in the energy sector.
Bilal Bin Saqib, the head of Pakistan’s Crypto Council and adviser to the finance minister, shared this news on Wednesday. He said the government has already started talks with several mining companies to explore how to make this plan work.
Pakistan’s power sector has been facing some serious problems, including too much power supply and high costs. This idea is seen as a creative way to solve those issues.
One interesting point is that this announcement comes right after the appointment of Changpeng Zhao, the founder of Binance, as a new strategic advisor to the Pakistani government on crypto matters. This shows that the government is now more open to using digital technology and crypto-related tools for future development.
By using extra electricity for crypto mining and AI, Pakistan hopes to create more jobs, attract foreign investment, and build a stronger digital economy. It’s also a chance to use power that would otherwise go to waste.
