Islamabad, Apr 10, 2025: Bitcoin Mining is gaining strategic importance in Pakistan’s vision for tech-driven economic reform, as the government explores using excess electricity to fuel data-intensive operations like cryptocurrency mining and AI development.
This move, revealed by the head of the Pakistan Crypto Council and adviser to the finance ministry, marks a bold pivot toward digital infrastructure and innovation.
Facing challenges such as inflated electricity tariffs and surplus energy production, Pakistan is now seeking to convert its energy liabilities into digital opportunities.
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The country’s growing solar energy footprint has added layers of complexity, encouraging more users to adopt off-grid solutions, thereby widening the electricity surplus.
Bilal Bin Saqib, the Council’s CEO, stated that Bitcoin Mining hubs will be established in regions with abundant unused energy. This strategy aims not only to optimize energy use but also to foster blockchain innovation across the country.
As per internal documents, Changpeng Zhao, founder of global crypto exchange Binance, will play an advisory role on the council.
Despite his past legal challenges in the U.S., Zhao will assist in building Pakistan’s blockchain infrastructure and guide the development of crypto regulations, digital currency systems, and educational outreach programs.
Saqib shared with Bloomberg that legalizing cryptocurrency is a key step to attracting international investment.
With approximately 15 to 20 million crypto users, Pakistan stands among the world’s most active digital currency adopters, even though the industry remains largely unregulated.
Additionally, Pakistan holds the third spot globally in the freelancer economy and is emerging as a hub for fintech startups.
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Saqib emphasized the importance of creating regulatory sandboxes, which provide controlled environments for testing new financial technologies, encouraging innovation without immediate regulatory restrictions.
Bitcoin Mining is part of a broader national strategy to uplift the economy by upskilling youth in blockchain, AI, and fintech-related fields.
These efforts could position Pakistan as a regional leader in digital exports, enhance job creation, and attract global tech investment.
