Govt allocates 2,000MW of electricity for Bitcoin mining, AI data centres

A representation of virtual currency Bitcoin is seen in front of a stock graph in this illustration taken January 8, 2021. — Reuters  In a significant move to drive Pakistan’s digital transformation, the government has earmarked 2,000 megawatts (MW) of electricity in the first phase of a national strategy aimed at supporting Bitcoin mining and…

Pakistan plans to offer mining concessions to US companies: Jam Kamal

This representational image shows the inside view of a coalmine. — Pixabay/File ISLAMABAD: In an effort to capitalise on the Trump administration’s desire to increase trade with South Asia, Pakistan plans to make concessions to US corporations so that they invest in its mining industry as part of tariff negotiations with Washington, Federal Minister for…