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Retrieved on: 2025-07-27 13:51:28
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Summary
Pakistan's federal government announces a groundbreaking initiative to allocate 2,000 megawatts of surplus electricity to Bitcoin mining and AI data centers, as reported by Bloom Pakistan.
The government-backed Pakistan Crypto Council will oversee this digital transformation project, which could generate over $1.1 billion annually through Bitcoin production. By redirecting underutilized energy capacity during off-peak hours, Pakistan aims to create thousands of high-tech jobs while establishing itself as a regional blockchain and data center hub between Asia, Europe, and the Middle East. The initiative includes regulatory frameworks through the Pakistan Virtual Assets Regulatory Authority and plans for renewable energy-powered facilities.
Article found on: bloompakistan.com
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