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Pakistani Government Deploys 2,000 MW to BTC Mining, DWF Labs' Grachev Welcomes 'Smart Move

u.today

18 hour ago

Pakistani Government Deploys 2,000 MW to BTC Mining, DWF Labs' Grachev Welcomes 'Smart Move

The Pakistani government just announced that it allocated 2,000 megawatts of electricity to power Bitcoin (BTC) mining and artificial intelligence (AI) data centers. This campaign is designed to establish Pakistan as a major global player in Web3 infrastructure and the digital economy of the entire region. Pakistan deploys 2,000 MW of electricity for BTC mining According to the official statement of the country's Finance Minister Muhammad Aurangzeb, Pakistan is committing 2,000 megawatts of energy for Bitcoin (BTC) proof-of-work mining and AI-specific data centers. This ambitious program is set to make Pakistan a leader in blockchain disruption for the entire Asian region. ⚔ Pakistan allocates 2,000MW to Bitcoin mining & AI data centers!A major push for digital transformation & economic growth.šŸ”— https://t.co/cEI2ndOjxS#Pakistan #BitcoinMining #AI #DigitalInnovation #TaibokuNews pic.twitter.com/6LmDQyDK8w — Taiboku News (@TaibokuNews) May 28, 2025 This initiative starts the process of Pakistan's evolving into the go-to location for data centers from all of Asia. Especially, energy benefits will be interesting for hash miners of proof-of-work (PoW) cryptocurrencies and disruptive AI ventures. AI data centers and Bitcoin mining operations, known for their consistent and heavy energy usage, provide an ideal use case for transparent, ESG-friendly and sustainable usage of Pakistan's massive energy surplus, which is heavily underutilized right now. In the future, more countries are expected to become users of Pakistan's Bitcoin- and AI-centric energy program, which will contribute to the eco-friendliness and profitability of data-heavy computations worldwide. Pakistan also shared its ambitions to allocate the par of Bitcoin (BTC) miner rewards to its local strategy reserve. Bitcoin's reserve of Pakistan will help the country to hedge against instability of fiat currencies in Europe and the U.S. "This could be transformative," MP Grachev welcomes initiative In general, industry experts are optimistic about the Pakistani government's initiative and its potential effects for the country, the region and Bitcoin (BTC) mining verticals. Andrei Grachev, founder and managing partner of global market-making heavyweight DWF Labs, is impressed about its potential influence: Instead of letting surplus electricity go to waste, they're using it to attract international capital and create an entirely new sector of jobs. But here's what's really smart about this move: they're not just thinking about mining revenue. They're positioning themselves to experiment with financial systems that don't rely on traditional banking rails. Think about it, when you have robust mining infrastructure, you naturally develop the foundation for stablecoin circulation, on-chain settlement, and local token economies. For countries like Pakistan, this could be transformative. Instead of being dependent on legacy financial systems that often work against them, they can build programmable financial infrastructure from the ground up. Grachev also stressed that, with such solutions, emerging markets can potentially leapfrog traditional financial infrastructure the same way they did with mobile payments. Pakistan might be showing the whole world what the next phase of economic development looks like when you combine abundant energy with permissionless technology, DWF Labs' officer concluded. As covered by U.Today previously, this week, Pakistan's Telecom Ministry scored a collaboration with Binance Academy, an education unit of world-leading exchange Binance. Binance Academy experts will educate 300 local "evangelists," who are expected to share blockchain knowledge with thousands of students.

https://u.today/pakistani-government-deploys-2000-mw-to-btc-mining-dwf-labs-grachev-welcomes-smart-move?utm_source=CryptoNews&utm_medium=app