WEBDESK: In a major step towards embracing digital innovation, the Government of Pakistan has announced the allocation of 2,000 megawatts (MW) of electricity for Bitcoin mining and artificial intelligence (AI) data centers. The move aims to use the country’s surplus energy, attract global tech investments, and create new sources of revenue.
This initiative follows Pakistan’s recent decision to legalize cryptocurrency, setting the stage for international companies to invest in Bitcoin mining and data infrastructure. The Pakistan Crypto Council (PCC), operating under the Ministry of Finance, is leading this ambitious project. Bilal Bin Saqib, a well-known entrepreneur, has been appointed as the chief adviser to the finance minister for this council.
Turning excess power into digital assets
Finance Minister Muhammad Aurangzeb said the plan will turn underused electricity into high-value digital assets. Bitcoin mining and AI data centers require a large and steady energy supply, making them ideal for utilizing surplus electricity. This move is also expected to generate foreign exchange in US dollars instead of relying on the local currency.
“Pakistan is uniquely positioned – both geographically and economically – to become a global hub for data centers. As a digital bridge between Asia, Europe, and the Middle East, Pakistan offers the most strategic location in the world for data flow and digital infrastructure,” the statement says.
Interest from Global Tech Companies
The PCC revealed that international Bitcoin mining firms and data center operators have already shown strong interest in Pakistan. Several foreign companies have visited the country to explore investment opportunities. Officials believe that these projects could help create a national Bitcoin wallet, increasing the country’s digital reserves and economic resilience.
PCC CEO Bilal Bin Saqib emphasised the transformative nature of this initiative, and explained that with proper regulation, transparency, and international collaboration, Pakistan can become a global crypto and AI powerhouse.
Competitive advantage in Bitcoin Mining
Pakistan’s location makes it a key link between Asia, Europe, and the Middle East. Additionally, it offers more affordable energy and available land compared to countries like India and Singapore, where high costs and land shortages are challenges for scaling operations.
With more than 40 million crypto users, Pakistan holds immense potential as a regional leader in digital services. Establishing local AI data centers will not only address growing concerns around data sovereignty but will also enhance cybersecurity, improve digital service delivery, and empower national capabilities in AI and cloud infrastructure.
Growing Global Demand
There is a growing global demand for AI data centers, with over 100 gigawatts (GW) of required power but only 15GW currently in use. With this gap in mind, Pakistan’s new policy could help meet global demand while boosting its own economy through Bitcoin mining and tech growth.
