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Pakistan plans to invest surplus electricity in Bitcoin mining and AI
21 hours ago
Odaily News Pakistan is using 2,000 megawatts of surplus electricity for Bitcoin mining and artificial intelligence to reduce waste and promote technological development. As of March 2025, Pakistan's installed power generation capacity is 46,600 megawatts, a slight increase from the previous year. Nearly 14% of the installed capacity is idle, especially during the off-peak winter season, when demand may drop to 12,000 megawatts. Pakistan aims to turn the surplus electricity from Pakistan's underutilized thermal power plants into a source of revenue through Bitcoin mining and artificial intelligence data centers. The move aims to transform the financial burden of capacity electricity prices into high-value digital assets. The first phase of Pakistan's Bitcoin mining plan was launched in 2025, allocating 2,000 megawatts of electricity for mining and artificial intelligence data centers. Future phases plan to integrate renewable energy (solar, wind, hydropower), marking a long-term shift of these operations to sustainable energy. (Cointelegraph)
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2025-06-14 04:30:45
The 19-day continuous net inflow was ended, and the total net outflow of Ethereum spot ETF yesterday was US$2.176 million
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2025-06-14 04:21:50
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The 19-day continuous net inflow was ended, and the total net outflow of Ethereum spot ETF yesterday was US$2.176 million
Iran says nuclear talks with US 'pointless'
DRW Investments has bought nearly 4 million shares of Trump Media & Technology Group, worth $100 million
Kaito AI founder: Tokens worth more than $90 million have been distributed to holders and users
Manifold Trading suspected of purchasing $2 million of CRV
Iran launches new missiles towards Israel