According to a report from Jin10 on May 25, the first phase of Pakistan's nationwide support for Bitcoin Mining and artificial intelligence data centers has allocated 2000 megawatts of power generation capacity. The country is currently pushing for the legalization of Crypto Assets and attracting foreign investment. The Ministry of Finance of Pakistan stated in a statement that this plan, led by the Pakistan Crypto Assets Committee, will also help monetize remaining energy and create high-tech jobs. The Ministry of Finance mentioned that coal-fired power generation projects currently operating at 15% capacity, such as Sahiwal, China Hub, and Port Qasim, are expected to be repurposed for this plan.
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According to a report from Jin10 on May 25, the first phase of Pakistan's nationwide support for Bitcoin Mining and artificial intelligence data centers has allocated 2000 megawatts of power generation capacity. The country is currently pushing for the legalization of Crypto Assets and attracting foreign investment. The Ministry of Finance of Pakistan stated in a statement that this plan, led by the Pakistan Crypto Assets Committee, will also help monetize remaining energy and create high-tech jobs. The Ministry of Finance mentioned that coal-fired power generation projects currently operating at 15% capacity, such as Sahiwal, China Hub, and Port Qasim, are expected to be repurposed for this plan.