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Pakistan’s Bold Move: 2,000MW Power for Bitcoin Mining & AI – Are We Ready for the Future?

BBG News

So, guess what? Pakistan’s decided to throw 2,000 megawatts of surplus electricity into the ring, and it’s all for Bitcoin mining and AI centers. Yes, you heard that right. Because who wouldn’t want to bet on the future of digital currencies and machines that think?

This radical shift is part of Pakistan’s “let’s totally transform the digital world” plan, backed by none other than the Pakistan Crypto Council (obviously), and the Ministry of Finance, because apparently, they’ve got nothing better to do than revolutionize the economy. Reportedly, 24NewsHD TV Channel spilled the tea on this on May 25.

In phase one (yes, there’s more to come), the government’s just casually redirecting all that extra power into AI infrastructure and crypto mining. Finance Minister Muhammad Aurangzeb is strutting around saying this will pull in billions of foreign investment while creating high-tech jobs. Bold, right?

Phase two is when things get REALLY interesting. Pakistan’s planning to add some renewable energy to this whole mining operation because, you know, the planet exists and all. They’re trying to balance all that crypto gold with a dash of environmental responsibility. Cute, right?

Tax Breaks to Lure Investors (Like a Digital Siren Call)

Hold on, the plot thickens. Apparently, international Bitcoin (BTC) miners and AI companies are already knocking on Pakistan’s door. Foreign delegations are so interested in this that they’ve been popping by to check things out. Can you blame them?

But wait – there’s more! To make sure they don’t run away, the Ministry of Finance is offering tax incentives for AI centers and waving customs duties for Bitcoin miners. Who can resist that deal?

Bilal Bin Saqib, CEO of Pakistan’s Crypto Council, is living his best life right now, calling this a “turning point” for Pakistan’s digital economy. Ambitious? Maybe. Realistic? Who’s to say? But it sure sounds good.

Saqib had this genius idea back in March to use Pakistan’s runoff energy for Bitcoin mining. Not like we’ve never thought of that before… Anyway, he pitched it at the first Crypto Council meeting, where lawmakers, the Bank of Pakistan’s governor, and some other important folks (yawn) gathered. Sounds like a fun party, huh?

The Digital Asset Authority: What Could Go Wrong?

Fast forward to May 21 – and boom! The Ministry of Finance greenlights the creation of the Pakistan Digital Assets Authority (PDAA). This is basically the government’s version of a digital babysitter for blockchain-based financial systems. PDAA will regulate everything from exchanges to wallets and even tokenized platforms. Sounds like someone’s taking crypto regulation seriously. Or trying to.

But Oh, and they’ll help startups create blockchain solutions at scale. Because startups never fail, right?

Pakistan’s digital ecosystem is clearly on fire. It ranked 9th in Chainalysis’ 2024 crypto adoption index (surprising, considering the whole energy crisis thing), and the crypto market’s growing at a rate that even Statista is impressed with. By 2025, over 27 million Pakistanis will be crypto users. That’s almost 11% of the population, in case you’re keeping score. Who knew?

Digital Assets in Pakistan

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2025-05-25 12:57

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