ISLAMABAD (Reuters) -Pakistan will allocate 2,000 megawatts (MW) of electricity in the first phase of a national initiative to power bitcoin mining and AI data centres, its finance ministry said on Sunday.
The allocation is part of Islamabad’s plans to use its surplus electricity to bitcoin mining and AI data centres.
Pakistan’s energy sector is grappling with challenges, including high electricity tariffs and surplus generation capacity.
The rapid expansion of solar energy has…
Article Source
https://finance.yahoo.com/news/pakistan-allocates-2-000-megawatts-083112676.html
