Pakistan is actively inviting global firms to mine Bitcoin within its borders.
The Allure of Bitcoin Mining in Pakistan
Energy is one of the major expenses in Bitcoin mining, and Pakistan could have a competitive advantage due to its low-cost energy. The country has untapped renewable energy sources, including hydropower and solar, that could offer miners a stable and affordable energy supply.
Statement from Crypto Council CEO
Zia Ullah Bangash, CEO of Pakistan’s Crypto Council, made a clear statement: “We welcome companies to visit Pakistan to evaluate for Bitcoin mining.” This statement highlights Pakistan's growing interest in digital asset infrastructure.
A New Phase for Pakistan's Crypto Industry
The proactive approach from the Crypto Council demonstrates a commitment to bringing innovation, investment, and economic development through blockchain technology. Encouraging international firms to visit is just the first step in this direction. With the right policy environment, Pakistan could soon attract global mining operations and tech companies seeking emerging markets.
Zia Bangash's initiative could be a pivotal point in shaping Pakistan's digital future.
