Close Menu
    Facebook X (Twitter) Instagram
    Facebook Instagram YouTube
    Crypto Go Lore News
    Subscribe
    Wednesday, May 27
    • Home
    • Market Analysis
    • Latest
      • Bitcoin News
      • Ethereum News
      • Altcoin News
      • Blockchain News
      • NFT News
      • Market Analysis
      • Mining News
      • Technology
      • Videos
    • Trending Cryptos
    • AI News
    • Market Cap List
    • Mining
    • Trading
    • Contact
    Crypto Go Lore News
    Home»Mining»Pakistan considers using surplus energy for Bitcoin mining after appointing CZ to Crypto Council
    Mining

    Pakistan considers using surplus energy for Bitcoin mining after appointing CZ to Crypto Council

    CryptoExpertBy CryptoExpertApril 10, 2025No Comments3 Mins Read
    Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
    Pakistan considers using surplus energy for Bitcoin mining after appointing CZ to Crypto Council
    Share
    Facebook Twitter Pinterest Email Copy Link
    Binance



    Pakistan will allocate excess electricity from its national grid to Bitcoin (BTC) mining operations and artificial intelligence (AI) data centers, according to the country’s Crypto Council and finance ministry adviser Bilal Bin Saqib. 

    As Reuters reported, the initiative follows consultations with multiple mining firms and forms part of a broader strategy to address structural inefficiencies in the energy sector while advancing its position in emerging technologies.

    The effort coincides with Changpeng Zhao (CZ), founder of Binance, being appointed as a strategic adviser to the Pakistan Crypto Council.

    The report reviewed documents that confirm Zhao’s advisory role will encompass support for blockchain infrastructure, guidance on regulatory frameworks, and assistance with national crypto initiatives. 

    Betfury

    Power surplus and mining site planning

    Pakistan’s energy sector has experienced volatility due to high electricity tariffs and persistent overcapacity. The expansion of solar installations by consumers aiming to reduce energy costs has complicated national grid demand forecasts and reduced industrial off-take. 

    As a result, the government is seeking avenues to convert surplus generation into economically productive activities.

    Saqib said that the regional availability of excess electricity will determine the location of mining centers. He noted that several provinces already show patterns of consistent oversupply, which can support localized mining operations without burdening the wider energy network.

    He also emphasized the country’s ambition to diversify the use of surplus energy, citing AI data centers as a parallel deployment. These facilities are projected to require continuous, high-density compute workloads that can operate in sync with the intermittent nature of available grid surplus. 

    Talks are ongoing with mining companies to determine infrastructure, energy off-take agreements, and compliance protocols.

    Regulatory and educational expansion

    Zhao’s inclusion on the advisory board is part of a broader institutional push. His involvement will extend to regulatory development, helping establish sandbox environments that allow fintech startups and crypto-related ventures to operate under limited supervision while policies are refined.

    According to Saqib, Pakistan has between 15 to 20 million crypto users despite the absence of formal regulation. The country also ranks as the third-largest freelance economy worldwide.

    These user demographics, combined with expanding internet penetration and a maturing fintech sector, are central to the government’s focus on blockchain and crypto as areas for structured growth.

    Saqib advocated for upskilling programs in blockchain and AI targeted at the youth population. These initiatives aim to position the country as a digital services exporter while generating employment opportunities in tech-aligned fields. 

    The educational outreach is expected to focus on blockchain engineering, DeFi infrastructure, and AI modeling, supporting domestic industry needs and cross-border service exports. The use of Bitcoin mining as a sink for electricity overproduction reflects a pivot in national policy toward monetizing underutilized infrastructure. 

    Final site selections and partner announcements are pending completion of regional energy availability assessments and compliance with new technical standards.

    Mentioned in this article

    Latest Alpha Market Report



    Source link

    okex
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
    CryptoExpert
    • Website

    Related Posts

    Mining

    The Bitcoin miner sell-off looks close to exhaustion marking impending reversal in market pressure

    April 9, 2026
    Mining

    Solo Bitcoin Miner Wins $210K Block Reward

    April 7, 2026
    Mining

    Cango Secures $75M in Fresh Capital to Expand Ecohash AI Computing Platform – Mining Bitcoin News

    April 2, 2026
    Mining

    New model proves miners need Bitcoin above $74k to break even on power

    March 23, 2026
    Mining

    BU SİNYALLER TARİHTE 4 KEZ GÖRÜLDÜ VE SONUCU NE OLDU ? BİTCOİN ALTCOİN ETHEREUM #btc #eth

    December 15, 2025
    Mining

    Crypto for Beginners The REAL Way Blockchain, Mining & Wallets Function

    December 14, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Recommended
    Editors Picks

    Ethereum Sees 56.9% Jump in Transfers as Adoption Gains Ground

    April 12, 2026

    Polymarket Briefly Appears in Google News Before Being Removed

    April 12, 2026

    The Bitcoin miner sell-off looks close to exhaustion marking impending reversal in market pressure

    April 9, 2026

    Uniswap price outlook as Ethereum’s Vitalik Buterin offloads UNI tokens

    April 9, 2026
    Latest Posts

    We are a leading platform dedicated to delivering authoritative insights, news, and resources on cryptocurrencies and blockchain technology. At Crypto Go Lore News, our mission is to empower individuals and businesses with reliable, actionable, and up-to-date information about the cryptocurrency ecosystem. We aim to bridge the gap between complex blockchain technology and practical understanding, fostering a more informed global community.

    Latest Posts

    Ethereum Sees 56.9% Jump in Transfers as Adoption Gains Ground

    April 12, 2026

    Polymarket Briefly Appears in Google News Before Being Removed

    April 12, 2026

    The Bitcoin miner sell-off looks close to exhaustion marking impending reversal in market pressure

    April 9, 2026
    Newsletter

    Subscribe to Updates

    Get the latest Crypto news from Crypto Golore News about crypto around the world.

    Facebook Instagram YouTube
    • Contact
    • Privacy Policy
    • Terms Of Service
    • Social Media Disclaimer
    • DMCA Compliance
    • Anti-Spam Policy
    © 2026 CryptoGoLoreNews. All rights reserved by CryptoGoLoreNews.

    Type above and press Enter to search. Press Esc to cancel.

    bitcoin
    Bitcoin (BTC) $ 74,829.00
    ethereum
    Ethereum (ETH) $ 2,048.23
    tether
    Tether (USDT) $ 0.998421
    bnb
    BNB (BNB) $ 651.84
    xrp
    XRP (XRP) $ 1.32
    usd-coin
    USDC (USDC) $ 0.999692
    solana
    Solana (SOL) $ 83.18
    tron
    TRON (TRX) $ 0.368474
    figure-heloc
    Figure Heloc (FIGR_HELOC) $ 1.03
    staked-ether
    Lido Staked Ether (STETH) $ 2,265.05