Pakistan’s Shocking New Plan: Bitcoin Mining and AI Take Center Stage!

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In a move that can only be described as “bold” (or perhaps “desperate,” depending on your perspective), Pakistan has decided to dedicate a whopping 2,000 megawatts to Bitcoin mining and AI. Yes, you heard that right! The Pakistan Crypto Council, with a little help from the Ministry of Finance, is leading this digital transformation agenda. Because nothing says “we’re serious about the future” quite like mining digital coins in a country where electricity is often more elusive than a good Wi-Fi signal. ⚡️

Finance Minister Muhammad Aurangzeb, who must have a crystal ball, expressed his optimism with the kind of enthusiasm usually reserved for lottery winners. He claims the government is expecting billions in foreign investment and a tech sector boom. I mean, who wouldn’t want to invest in a country where the power grid is as reliable as a cat on a hot tin roof? 🐱‍👤

“This initiative positions Pakistan as a serious player in digital infrastructure,” Aurangzeb declared, probably while standing on a stack of Bitcoin. I can just picture him in a superhero cape, ready to save the day with blockchain technology. 🦸‍♂️

In the first phase of this grand plan, power will be directed to AI infrastructure and BTC mining operations. Reports are already swirling that several international firms are interested. I can only imagine the conversations: “So, how’s the electricity situation?” “Oh, you know, it’s like a game of roulette!” 🎰

Bilal Saqib, a big name in the crypto world, chimed in, saying this policy is a rare chance for Pakistan to become a regional leader in crypto and AI. But, of course, he added the caveat that formal regulations and transparency are needed. Because nothing screams “trust us” like a country diving headfirst into the wild west of cryptocurrency without a map. 🗺️

To sweeten the deal and lure in those investors, the Ministry of Finance has rolled out tax incentives for AI infrastructure and duty exemptions for Bitcoin miners. In the second phase, miners will even get access to renewable energy sources. Because if you’re going to mine digital gold, you might as well do it sustainably, right? 🌱

With this policy, Pakistan is not just looking to turn its excess electricity into economic opportunity; it’s embracing the global shift toward blockchain and AI technologies. Who knew that the future of tech could be powered by a country that sometimes struggles to keep the lights on? Talk about a plot twist! 🎉

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2025-05-25 18:26