Main takeout
- Pakistan is establishing a special electrical tariff to attract encryption mining using surplus energy without subsidies.
- The government is developing a regulatory framework to encourage transparent and future financial ecosystems in the blockchain space.
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Pakistan is exploring Bitcoin mining by utilizing excessive electricity and fostering a regulated digital asset industry.
According to Dawn’s new report, Pakistan’s authorities plan to create a particularly attractive electricity tariff for encryption mining and blockchain data centers to encourage industries to consumes surplus energy.
Targets will not depend on government subsidies, but will be a market base. The government expects to reduce the payment paid to the power producer for unused energy.
Statista indicates that Bitcoin’s electricity consumption was estimated to be 137-175 TWH during the January 2024 and February 2025. The miner generally consumes 60-70%of income for electricity costs.
The extreme energy strength places encryption mining as an industry that can alleviate the financial burden of Pakistan’s excessive development.
The Energy Federal Minister, AWAIS LEGHHARI, recently met with the Pakistan Cryptographic Council (PCC) chief executive BILAL BIN SAQIB to discuss the opportunity for global cryptos to benefit from Pakistan’s excess electricity.
The city council held the first meeting of Muhammad Aurangzeb, the chairman of Muhammad Aurangzeb.
In an interview with Bloomberg this week, SAQIB said Pakistan is actively developing a regulatory framework of digital assets to attract global investment and promote regional encryption growth.
The PCC is leading this effort to integrate blockchains and encryption into the national financial system. SAQIB sees Trump’s position as a catalyst for adopting global encryption.
Various approaches to encryption mining
The countries have adopted various approaches to encryption mining.
Currently, Russia is very attractive to mining due to abundant natural gas and hydro resources. In August 2024, Putin signed a law that legalized encryption mining in Russia.
In accordance with the law, organizations and individual entrepreneurs registered with the Russian Digital Development Department may participate in cryptocurrency mining. If personal consumption does not exceed the government set limit, individuals can mine without registering.
In the United States, states such as Texas and Wioming have implemented a favorable regulation of encryption mining, making it a crypto -friendly jurisdiction. Regenerative energy sources such as Wind and Solar are used for more and more mining operations.
In contrast, China, one of the world’s best mining hubs, imposed a blanket of cryptocurrency mining in 2021.
However, according to Cryptoquant CEO KI Young Ju, it still accounts for 55%of Bitcoin’s global hashrates through underground operation.
#Bitcoin Hashrate dominance is converted to our mining company.
The Chinese mining pool operates 55%of the network, while the US pool manages 40%.
The US pool mainly accepts US miners, while the Chinese swimming pool supports relatively small miners in Asia. pic.twitter.com/kepoplwbsd
-Ki Young Ju (@ki_young_ju) September 23, 2024
In 2025, it is speculated that China can match the restrictions or establish a bitcoin strategy reserve, which can match the global trend.
El Salvador completely accommodates Bitcoin as a legal bid and promotes mining using the geothermal energy of volcanoes.
But the International Monetary Fund (IMF) asked El Salvador to stop bitcoin mining activities as part of a $ 1.4 billion loan contract.
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