- Pakistan will use surplus electricity to power Bitcoin mining and AI data centers, targeting improved energy use and digital development.
- Mining locations will be selected based on regions with excess electricity and infrastructure to support secure and efficient operations.
- Binance founder Changpeng Zhao joins as an adviser to support blockchain infrastructure, regulatory frameworks, and national digital finance initiatives.
Pakistan plans to allocate surplus electricity for Bitcoin mining and AI data centers. Bilal Bin Saqib, head of the Crypto Council and adviser to the Finance Minister, announced the initiative reported by Reuters. The plan targets energy efficiency and digital infrastructure growth.
Utilizing Excess Energy for Tech Projects
The energy sector in Pakistan faces challenges with high tariffs and surplus generation capacity. Authorities intend to use excess power to drive digital innovations. The government plans to channel extra electricity to Bitcoin mining operations. The initiative will also support the establishment of AI data centers.
The surge in solar energy generation has altered the local power landscape. Consumers increasingly adopt alternative energy sources to counter rising costs. The plan relies on identifying regions with a stable, excess energy supply. Officials expect that targeted use of power will boost operational efficiency in digital sectors.
Determining Optimal Locations
Bilal Bin Saqib stated that mining centers will be located based on available excess power. Regional infrastructure and surplus electricity will guide site selections. Discussions have been held with multiple Bitcoin mining companies. These talks aim to ensure that the projects use energy efficiently.
The selection process considers the feasibility of nearby facilities and grid reliability. The strategy supports both the energy and technology sectors in Pakistan. In addition to mining, the initiative will promote the growth of AI data centers. This measured approach is designed to benefit both digital innovation and energy management.
Strengthening Fintech and Industry Leadership
Sources confirm that Binance founder Changpeng Zhao will serve as a strategic advisor to the Pakistan Crypto Council. He will provide support for blockchain infrastructure and regulatory frameworks. Zhao will assist in creating fundamental national programs such as developing digital currency. He will assist in creating an effective and secure regulatory system.
Pakistan is home to 15 to 20 million crypto users and ranks as the third-largest global freelancer economy. The expanding fintech space plays a major role in the country’s digital services. The council also plans to introduce regulatory sandboxes for testing innovative solutions. These measures aim to encourage growth in blockchain technologies and digital financial services.
The surplus electricity allocation project reflects Pakistan’s commitment to future-ready technology. It seeks to improve energy management while fostering digital transformation. Both industry leaders and government officials work together to secure sustainable growth in the fintech and digital sectors.
