The government of Pakistan is looking to leverage its surplus electricity for Bitcoin mining operations, converting idle power into a lucrative venture. Reports indicate that officials are engaging with various government departments to establish exclusive electricity rates for foreign Bitcoin miners to reduce expenses associated with wasted energy.
Power Officials Develop New Rate Structure for Bitcoin Miners
According to the Pakistani power sector, Bitcoin mining companies allocate up to 70% of their revenue on electricity costs. Representatives from the Power Division are currently formulating a new pricing plan aimed at providing crypto miners with lower electricity rates while still safeguarding governmental interests.
This initiative addresses the issue of Pakistan incurring costs for unutilized power capacity. Unlike other nations facing challenges in supplying adequate electricity for both mining and everyday needs, Pakistan asserts it can provide dedicated power systems specifically for crypto mining. If successful, this could position the nation as an attractive destination for blockchain data centers.
JUST IN: 🇵🇰 Pakistan is exploring $BTC mining to utilize surplus electricity and alleviate pressure on the power sector, with the Ministry of Energy considering a special tariff for the sector. pic.twitter.com/I3AD99PdOQ
— Whale Insider (@WhaleInsider) March 22, 2025
Government and Crypto Leaders Engage in Strategic Discussions
Support for Bitcoin mining in Pakistan has amplified following a meeting between Power Minister Awais Leghari and Bilal Bin Saqib, leader of the Pakistan Crypto Council (PCC). They explored strategies for leveraging Pakistan’s energy reserves to attract international Bitcoin mining ventures. Saqib outlined energy proposals that capitalize on the nation’s natural resources while aligning regulations with local needs.
Finance Minister Muhammad Aurangzeb subsequently led another meeting to develop a comprehensive plan for cryptocurrency mining within the country. Senior officials from the central bank and various regulatory authorities discussed the necessity of clear regulations and robust infrastructure to facilitate crypto mining enterprises. Pakistan is striving to enhance its competitiveness in the global cryptocurrency arena.
BTCUSD trading at $84,639 on the daily chart: TradingView.com
New Regulations Necessary for Mining Prosperity
The success of this initiative greatly depends on establishing well-defined regulations and effective systems. Bilal Bin Saqib emphasized that Pakistan requires tailored policies that suit its economic landscape to succeed in cryptocurrency mining while ensuring the power sector remains unharmed. The finance minister characterized this digital mining initiative as the beginning of “a new digital chapter” for Pakistan’s economy.
An image rendering of a bitcoin mining center. Source: Gemini Imagen
Pakistan Prepares for a Blockchain-Driven Future
Establishing a framework for cryptocurrency mining could enable Pakistan to capitalize on global blockchain trends. This includes implementing licensing systems, national blockchain policies, and pilot programs that could attract investment in this emerging industry while ensuring the efficient utilization of its power resources.
This initiative represents an innovative approach to addressing Pakistan’s energy challenges—utilizing surplus capacity that would otherwise be wasted while potentially attracting foreign investment. Rather than pouring funds into addressing its power sector issues, the government is optimistic that this strategy will generate revenue by making the most of resources that currently incur costs for the country.
Featured image from Gemini Imagen, chart from TradingView
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