Pakistan allocates 2000 MW of installed capacity for Bitcoin mining

According to Jinshi, Pakistan has allocated 2000 megawatts of installed power capacity for the first phase of its nationwide plan to support Bitcoin mining and artificial intelligence data centers. The country is currently promoting the legalization of cryptocurrency and attracting foreign investment.

In a statement, the Pakistani Ministry of Finance said that the plan, led by the Pakistan Cryptocurrency Committee, will also help monetize surplus energy and create high-tech jobs. The Ministry of Finance stated that coal-fired power projects currently operating at 15% capacity, such as those in Sahiwal, China Hub, and Port Qasim, are expected to be repurposed for this plan.