Pakistan To Build Two Mining Farms As Government Looks To Participate In Bull...

Pakistan To Build Two Mining Farms As Government Looks To Participate In Bull...

A government minister overseeing new cryptocurrency policy in Pakistan said that a local province will build two hydroelectric mining farms.According to a report from Reuters, Pakistan’s Khyber Pakhtunkhwa province is planning to build two hydroelectric-powered pilot cryptocurrency mining farms. Though the report did not specify that the farms would mine bitcoin in particular, the ongoing bull run in bitcoin’s price, growing institutional acceptance of the asset and general market dominance of BTC would all suggest that they would.While the cost of building these mines remain unknown, a....


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Pakistan to Set up Two State-Owned Bitcoin Mining Farms to Help Boost Economy

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Pakistan to build Bitcoin mining farms in pilot program

According to a report by Reuters, the Pakistani government will launch a pilot program to build Bitcoin and other cryptocurrencies mining farms. Power by two hydroelectric sources and based on the province of Khyber Pakhtunkhwa, the national program seeks to obtain revenues from the current rally in the crypto market. The advisor to the provincial […]

Pakistani province to pilot crypto mining farms

The Pakistani province of Khyber Pakhtunkhwa will build two pilot cryptocurrency mining firms as part of a new state policy. The Pakistani province of Khyber Pakhtunkhwa, or KP, has formed a federal committee to create a new cryptocurrency policy including government-backed crypto mining.As part of the new policy, the KP Crypto Advisory Committee has already decided to pilot two hydroelectric-powered crypto mining farms, a minister overseeing the policy told Reuters.The committee held its first meeting on March 17, Zia Ullah Bangash, advisor to the provincial government on science and....

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