Bitcoin Mining Could Help Ease Pakistan’s Energy Surplus
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Pakistan explores Bitcoin mining to reduce excess electricity and support a struggling power grid. Special electricity tariffs are being considered to attract global crypto mining operators. The Pakistani government is considering a rather unusual idea: opening the door to Bitcoin miners to help absorb the excess electricity that has been burdening the country’s energy system, according to The Miner Mag. Not because they’ve suddenly become crypto enthusiasts, but because there’s a pressing need to ease the financial burden on the energy sector. The Ministry of Energy is now actively discussing with various stakeholders to design special electricity tariffs, especially aimed at emerging sectors like crypto mining. In many parts of Pakistan, electricity is actually over-supplied due to under-utilization of power plants. It’s like having a well in your yard but letting the water flow without being caught—what a waste, right? Well, Bitcoin mining could be a smart way to “catch” that excess electricity. Electricity Costs May Drive Bitcoin Miners to Pakistan In the world of Bitcoin mining, electricity is more than just a technical necessity. It’s a major factor in determining whether an operation makes a profit or a loss. Electricity costs can eat up more than 60% of a miner’s income. So if Pakistan can offer attractive special tariffs, it’s possible that the country could become a new haven for global mining operators. However, the challenges are not small. Stabilizing the electricity supply must remain a priority. It would be no fun if households became victims for the sake of mining machines. On the other hand, if this tariff scheme is really designed carefully, the results could be equivalent to turning waste into digital gold. Pakistan’s Crypto Shift Starts With Clearer Rules Interestingly, the Pakistani government’s position on cryptocurrency has shifted dramatically. The country has established the Pakistan Crypto…
Filed under: News - @ March 23, 2025 7:05 am