Pakistan has decided to utilize its growing surplus electricity by turning to Bitcoin (BTC) mining and artificial intelligence data centers.
Bilal Bin Saqib, Advisor to the Finance Minister and CEO of the newly established Pakistan Crypto Council, stated that discussions have already begun with several mining companies to convert excess energy into economic gain. The new mining centers will be located in regions with abundant electricity.
With rising electricity prices and expanding renewable energy investments, Pakistan aims to use this surplus efficiently while also attracting global crypto and AI investments to the country.
Notably, Binance co-founder Changpeng Zhao has joined the Pakistan Crypto Council as a strategic advisor. Saqib noted that this move came after U.S. President Donald Trump's re-election, adding, “Pakistan no longer wants to stay on the sidelines—we aim to become a leader in blockchain-powered finance.”
