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


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 top government official, Zia Ullah Bangash, who is an advisor to the provincial government on science and technology, reportedly said that “People have already been approaching us for investment, and we want them to come to Khyber Pakhtunkhwa, earn some money and have the province earn from that as well.”

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