CoinVoice has recently learned that, according to Jin10, Pakistan has allocated 2000 megawatts of power generation capacity in the first phase of its nationwide support for Bitcoin Mining and artificial intelligence data centers. The country is currently promoting the legalization of Crypto Assets and attracting foreign investment.
The Pakistani Ministry of Finance stated in a statement that this plan, led by the Pakistan Crypto Assets Commission, will also help monetize surplus energy and create high-tech jobs.
The Ministry of Finance stated that coal-fired power generation projects currently operating at 15% capacity, such as Sahiwal, China Hub, and Port Qasim, are expected to be repurposed for this plan.
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CoinVoice has recently learned that, according to Jin10, Pakistan has allocated 2000 megawatts of power generation capacity in the first phase of its nationwide support for Bitcoin Mining and artificial intelligence data centers. The country is currently promoting the legalization of Crypto Assets and attracting foreign investment.
The Pakistani Ministry of Finance stated in a statement that this plan, led by the Pakistan Crypto Assets Commission, will also help monetize surplus energy and create high-tech jobs.
The Ministry of Finance stated that coal-fired power generation projects currently operating at 15% capacity, such as Sahiwal, China Hub, and Port Qasim, are expected to be repurposed for this plan.