Pakistan Plans to Allocate Surplus Power for Bitcoin (BTC) Mining
JH Kim
Summary
- It was reported that Pakistan plans to allocate surplus power for Bitcoin (BTC) mining.
- Pakistani authorities stated that they have discussed related matters with several mining companies.
- The Pakistan Virtual Asset Committee appointed Changpeng Zhao, former CEO, as a strategic advisor.
According to Reuters on the 9th (local time), Pakistan plans to allocate some of its surplus power to Bitcoin (BTC) mining and artificial intelligence (AI) data centers.
It is reported that Pakistani authorities have discussed related matters with several mining companies.
Previously, the Pakistan Virtual Asset Committee appointed Changpeng Zhao, former CEO of Binance, as a strategic advisor.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.