Pakistan Plans Using Surplus Electricity For Bitcoin Mining and AI Data Centers
- Pakistan plans to use extra electricity for the country’s Bitcoin mining and AI data center operations.
- Former Binance CEO CZ joined as a strategic adviser in the Pakistan Crypto Council.
Pakistan is focusing on the growth and development of the country’s crypto presence. It plans to use surplus energy for Bitcoin mining and AI data centers. The announcement came out after Binance’s CZ joined the Pakistan Crypto Council as a strategic adviser.
The Head of Pakistan Crypto Council and adviser to the Finance Minister is Bilal Bin Saquib. The Reuters report confirmed that Bilal revealed plans to use surplus energy for Bitcoin mining yesterday. They even started talking to several mining firms regarding the same.
Pakistan consumers are turning to alternative energy sources, like solar energy, to avoid the high costs associated with electricity. This is the reason why officials are planning to use their extra electrical energy for crypto and AI industry development.
Bilal stated that they are planning to establish Bitcoin mining and AI data centers in regions where excess electricity is available. This not only helps the country move forward in an advanced technological race but also utilizes the excess power instead of going to waste.
Former Binance CEO CZ Joined the Pakistan Crypto Council
Binance founder CZ is the most popular influential figure in the crypto space and is known for his active social media presence. He made it to the headlines last week regarding his addition to the Pakistan Crypto Council.
CZ joined the Pakistan Crypto Council as a strategic adviser to support the country in the advancement of blockchain development, crypto regulation, and assist with national initiatives to educate youth and increase crypto adoption.
Bilal stated that the country is far ahead in terms of crypto adoption and usage despite the lack of regulation. The country also has one of the largest global freelancing economies, which could benefit from crypto advancements. He aims to bring regulatory frameworks to strengthen innovation and growth in the country’s fintech space.
Several global countries are following Donald Trump’s pro-crypto stance in the US since his election in 2024. It will only be a matter of time until we see most countries coming up with clear regulatory frameworks for crypto to improve innovation and adoption.
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Pakistan Plans Using Surplus Electricity For Bitcoin Mining and AI Data Centers
- Pakistan plans to use extra electricity for the country’s Bitcoin mining and AI data center operations.
- Former Binance CEO CZ joined as a strategic adviser in the Pakistan Crypto Council.
Pakistan is focusing on the growth and development of the country’s crypto presence. It plans to use surplus energy for Bitcoin mining and AI data centers. The announcement came out after Binance’s CZ joined the Pakistan Crypto Council as a strategic adviser.
The Head of Pakistan Crypto Council and adviser to the Finance Minister is Bilal Bin Saquib. The Reuters report confirmed that Bilal revealed plans to use surplus energy for Bitcoin mining yesterday. They even started talking to several mining firms regarding the same.
Pakistan consumers are turning to alternative energy sources, like solar energy, to avoid the high costs associated with electricity. This is the reason why officials are planning to use their extra electrical energy for crypto and AI industry development.
Bilal stated that they are planning to establish Bitcoin mining and AI data centers in regions where excess electricity is available. This not only helps the country move forward in an advanced technological race but also utilizes the excess power instead of going to waste.
Former Binance CEO CZ Joined the Pakistan Crypto Council
Binance founder CZ is the most popular influential figure in the crypto space and is known for his active social media presence. He made it to the headlines last week regarding his addition to the Pakistan Crypto Council.
CZ joined the Pakistan Crypto Council as a strategic adviser to support the country in the advancement of blockchain development, crypto regulation, and assist with national initiatives to educate youth and increase crypto adoption.
Bilal stated that the country is far ahead in terms of crypto adoption and usage despite the lack of regulation. The country also has one of the largest global freelancing economies, which could benefit from crypto advancements. He aims to bring regulatory frameworks to strengthen innovation and growth in the country’s fintech space.
Several global countries are following Donald Trump’s pro-crypto stance in the US since his election in 2024. It will only be a matter of time until we see most countries coming up with clear regulatory frameworks for crypto to improve innovation and adoption.
Highlighted Crypto News Today:
Read More
Arizona Senate Passes New Bill Granting Bitcoin Mining Rights to Citizens