Pakistan has assigned 2000 megawatts of electricity in the first phase of a national initiative to support mining with the formation and artificial intelligence data centers, while Islamabad moves to give a legitimate character to cryptocurrencies and attract foreign investment. The initiative, led by the Pakistani encrypted currency council, will also help invest the surplus of energy and provide jobs in the advanced technological sector, according to a statement issued by the Ministry of Finance. The ministry added that coal electricity projects, such as “Sahiwal”, “China Hub” and “Port Qasim”, currently working with 15% of its capacity, among the projects expected to work in this effort. The Pakistani federal government wants to attract investments to support an economy to avoid the problems of not paying debt in 2023. In light of the presence of about 15 to 20 million users of encrypted currencies, the country is aimed at establishing an organizational framework to improve its local environmental system and attract world capital. In April, the government used the Pinging Ping -Chao, co -founder of the largest encrypted currency exchange in the world, ‘Bings’, to create a digital financial platform. The Cryptocurrency Council has also signed an initial agreement with US President Donald Trump’s project to accelerate blockchain innovations. According to a statement from the Ministry of Finance, the country has attracted attention to international cryptocurrency mining businesses and data infrastructure companies, which did not reveal specific names.
Pakistan specializes 2000 megawatts electricity for mining
