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Home News Crypto

Pakistan Allocates 2,000 MW for Crypto Mining Drive

26 May 2025
in Crypto, News
Reading Time: 3 mins read
101 7
source: firstpost.com

source: firstpost.com

Pakistan is set to dedicate 2,000 megawatts of electricity to Bitcoin mining and AI data centres as part of the initial phase of its national digital infrastructure initiative, Reuters reported, citing the finance ministry.

This move forms a key component of Pakistan’s broader strategy to utilize surplus electricity for productive purposes such as cryptocurrency mining and AI data centres. The initiative aims to boost technology-driven industries and is aligned with the country’s comprehensive plan to develop its national digital infrastructure.

Finance Minister Muhammad Aurangzeb announced that the government has allocated 2,000 megawatts of electricity for Bitcoin mining and artificial intelligence (AI) data centres as part of its broader strategy to position Pakistan as a regional digital hub.#Pakistan #bitcoin pic.twitter.com/4cowXCu8gz

— All About Pakistan (@Aboutpakistan90) May 25, 2025

The Pakistan Crypto Council is spearheading this effort, a government-backed organization established earlier this year to oversee and promote the country’s crypto and digital asset strategies. Meanwhile, Pakistan’s energy sector faces challenges due to high electricity tariffs and excess generation capacity. The finance ministry highlighted that the rapid increase in solar power adoption has further complicated the energy landscape as more consumers shift to alternative sources to lower costs.

Adding momentum to these developments, the recently approved Pakistan Digital Assets Authority will regulate the nation’s growing crypto sector, according to Reuters. Finance Minister Muhammad Aurangzeb emphasized the importance of regulation, stating that Pakistan must “regulate not just to catch up — but to lead.”

In line with these regulatory moves, Bilal Bin Saqib, CEO of the Pakistan Crypto Council, has been actively engaging with Power Minister Awais Leghari to attract global crypto miners to the country. Saqib stressed that Pakistan is no longer “sitting on the sidelines,” describing the nation as a “low-cost, high-growth market” brimming with potential.

Further reinforcing the country’s crypto ambitions, Pakistan is reportedly advancing toward establishing a formal legal framework for cryptocurrency trading. This framework aims to attract international investment and clarify digital asset activities within its expanding crypto market. In a recent interview with Bloomberg, Saqib reiterated Pakistan’s determination to move beyond a passive stance on crypto, focusing on fostering foreign investment and positioning the country as a key player in the global digital economy.

If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.

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Tags: CryptoPakistan
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Jewel Buddy

Jewel Buddy

Buddy Jewel is a finance writer specializing in cryptocurrency news. With a keen eye on the latest developments in the digital asset space, I provides insightful and timely updates on the ever-evolving world of crypto.

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