Pakistan has allocated 2,000 megawatts of electricity to support Bitcoin mining and AI data centers. This initiative marks the first phase of a national push to legalize cryptocurrency.
The Pakistan Crypto Council is leading the effort to attract foreign investments. The initiative aims to monetize surplus energy and create high-tech jobs, according to the finance ministry.
Coal-based power projects, including Sahiwal, China Hub, and Port Qasim, will be repurposed. These projects currently operate at only 15% capacity.