Pakistan is taking a new step to make use of its extra electricity by using it for Bitcoin mining and artificial intelligence (AI) data centers. This idea could help the country stop wasting energy, earn more money, and grow its digital economy.
Strategic Shift Towards Bitcoin Mining
Pakistan has been producing more electricity than people and businesses actually use. This extra supply has made electricity more expensive and left many power plants underused. A lot of this extra energy comes from solar and other new power sources that were added quickly.
To fix this, the government wants to sell this extra electricity at a fair price, not too high and not subsidized, mainly to industries that need a lot of energy. These include Bitcoin mining and AI companies. These industries can help make sure the energy doesn’t go to waste.
The Pakistan Crypto Council (PCC), led by CEO Bilal Bin Saqib, works closely with the government. They are talking to top energy and finance officials to help bring in foreign mining companies. The plan is to attract big tech investments while making good use of power that would otherwise sit idle.
Pakistan has also brought on board Changpeng Zhao, widely known as CZ. As the founder of Binance, the largest cryptocurrency exchange globally, his involvement is seen as a big step forward. Recently appointed as a Strategic Advisor to the Pakistan Crypto Council (PCC), CZ’s expertise is expected to strengthen the country’s crypto industry.
Other Countries Doing the Same
Pakistan is not alone in this move. Many other countries and companies are turning to Bitcoin mining for new business opportunities.
A Chinese company named Cango just sold its old business to focus entirely on Bitcoin mining. The money from that sale will help Cango buy better equipment and move operations to places with cheaper electricity and friendlier rules. The goal is to grow faster and stay ahead in the digital market.
This shows that more people are starting to see Bitcoin mining as a smart way to make money, especially if they have access to cheap power.
Pakistan’s plan and Cango’s move show how Bitcoin mining is becoming a global trend. By using its extra electricity wisely, Pakistan could build a strong digital future and become a new center for mining and tech growth.
