Pakistan has set aside 2,000 megawatts of surplus electricity for Bitcoin mining and artificial intelligence development as part of a national digital transformation strategy.
The initiative, led by the Pakistan Crypto Council and supported by the Ministry of Finance, aims to attract foreign investment and create high-tech jobs.
Finance Minister Muhammad Aurangzeb stated that the first phase will prioritize energy allocation for AI and cryptocurrency mining, and a second phase will introduce renewable energy options.
Tax incentives and tax breaks have been introduced to encourage participation, and officials have noted strong interest from international companies.