Bhutan’s Secret to Happiness: Mining Bitcoin with a Smile!

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Ah, Bhutan! The Himalayan kingdom where happiness is the currency of choice, and now, apparently, so is Bitcoin. Who knew that while the rest of us were busy chasing dollars, Bhutan was quietly plotting to mine green cryptocurrency using nothing but clean hydropower? It’s like they took a page from a self-help book and decided to invest in blockchain instead of self-esteem. 💰✨

How Bhutan’s Crypto Profits Are Funding Salaries

Let’s talk about green cryptocurrencies, shall we? These are the digital coins that are mined using clean energy resources—think wind, hydro, or solar power—rather than the fossil fuels that are slowly cooking our planet. Bhutan has been raking in millions by investing in top cryptocurrencies, and guess what? They’re using those profits to pay government salaries for two whole years! Talk about a government that knows how to keep its employees happy—no need for a raise when you can just mine Bitcoin! 💸

Bhutan’s foray into the crypto world began back in 2019, when their sovereign wealth fund, Druk Holding and Investments, decided to add digital assets to its portfolio. Ujjwal Deep Dahal, the fund’s CEO, proudly claims that Bhutan’s 100% hydropower energy makes their crypto mining as clean as a whistle. I mean, who wouldn’t want to feel good about their Bitcoin? It’s like the organic kale of the cryptocurrency world! 🥬

Bhutan Uses Hydropower to Mine Bitcoin and Boost Economy

In a remarkable twist, Bhutan is using its clean hydropower to power the supercomputers that mine these digital assets. Officials are even pondering whether large companies might want to buy Bhutan’s ‘green’ coins to meet their ESG targets. Because nothing says “I care about the environment” quite like buying Bitcoin from a country that’s practically a walking advertisement for clean energy. 🌍

With a population of around 800,000, Bhutan is facing a bit of a brain drain, with over 10% of its educated youth leaving for greener pastures. But fear not! Bhutan’s grand plan to become a leader in green digital currency hinges on expanding its hydropower capacity. They currently have 3.5 gigawatts of power but need a whopping 33 gigawatts. It’s like trying to fill a kiddie pool with a garden hose—good luck with that! 🏊‍♂️

Prime Minister Backs Bitcoin Mining Strategy

Enter Prime Minister Tshering Tobgay, who recently declared state-backed Bitcoin mining a “smart strategy.” Apparently, people have earned billions of dollars, and he thinks governments should hop on the crypto bandwagon too. Because if there’s one thing we need, it’s more government involvement in our financial lives, right? 🙄

According to data from Arkham, as of April 9, Bhutan’s Bitcoin holdings are valued at over $600 million, making up a staggering 30% of the country’s GDP. They’re also holding onto other cryptocurrencies like Ethereum and LinqAI. The king, Jigme Khesar Namgyel Wangchuck, is all in on this digital infrastructure thing, probably dreaming of a future where everyone is mining Bitcoin while sipping butter tea. ☕️

Governments Embrace BTC

Unlike many governments that acquire Bitcoin through seizures from criminals, Bhutan’s Bitcoin stash comes from good old-fashioned government-backed mining operations. Meanwhile, in the U.S., President Trump is announcing a strategic Bitcoin reserve, and El Salvador is sitting on nearly $550 million in BTC. Other countries like the Central African Republic and France are also jumping on the Bitcoin bandwagon, signaling a global shift in financial strategies. Who knew that the future of money would look like a digital gold rush? 🏆

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2025-04-17 10:55