Pakistan to Use Excess Energy for Bitcoin Mining

Pakistan is enhancing its crypto-friendly policies by proposing the use of surplus electricity for Bitcoin and Proof-of-Work (PoW) mining.

During the inaugural meeting of the Pakistan Crypto Council (PCC), members explored how this strategy could transform energy surpluses into economic assets.

PCC CEO Bilal Bin Saqib detailed plans to channel unused power towards mining, potentially reducing energy waste and generating new revenue streams.

Finance Minister Muhammad Aurangzeb highlighted the initiative’s significance in Pakistan’s digital transformation, aiming to attract global miners with competitive electricity rates.

The PCC, established recently, is focused on integrating crypto and blockchain into the financial system while developing regulatory frameworks. However, members emphasized the need for clear regulations and a gradual implementation of pilot programs.