NEWSLETTER
Pakistan will channel part of its surplus electricity to boost the Mining and artificial intelligence (ai) of bitcoin, a significant change in the energy and technology policy aimed at converting excess capacity into economic opportunities, according to a <a target="_blank" href="https://www.reuters.com/world/asia-pacific/pakistan-turns-bitcoin-miners-ai-data-centers-use-surplus-power-2025-04-09/” target=”_blank” rel=”noopener”>report of Reuters. The announcement was made on Wednesday by Bin Saqib, head of the crypto Council of Pakistan and advisor to the Minister of Finance, who also pointed out that conversations have been made with several mining companies.
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Pakistan's energy sector has long fought with structural challenges, including high electricity rates and chronic overcapacity. The use of the excess of digital infrastructure is considered a way to modernize the economy and improve the yields of energy investments.
The announcement occurs only two days after the government appointed Changpeng Zhao (CZ), founder of Binance, as the new Pakistan strategic advisor in crypto.
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The initiative is being directed by Saqib, who in a March 25 interview with Bloomberg invited global companies to explore the country's potential for Bitcoins mining. “We welcome companies to visit Pakistan to evaluate bitcoin mining,” Saqib said. When asked why now it is the right time to hug bitcoin, he replied: “Well, why not? Because if (no) now, then never.”
Saqib also praised recent developments in the United States cryptography policy under President Donald Trump, whom he described as the “largest uprown catalyst for the cryptography of history.” He added: “I think Trump is essentially turning the script. Trump signed the executive order that instructed the regulatory agencies to accommodate digital assets, forming the crypto Advisory Team of the White House, creating a strategic reserve of strategic Bitcoins.”
“We have to understand what that means,” Saqib continued. “That means that the world's largest economy is creating the valuable national asset similar to how gold or oil for economic security and strength.
