Pakistan’s Energy Ministry Eyes 2 GW for Miners, $100 mln in Investments

Pakistan’s Ministry of Energy is evaluating a plan to allocate around 2 GW of surplus power for cryptocurrency mining. Preliminary estimates suggest it could draw $100 mln in direct investment, given the low kWh rates. The proposal has backing from the country’s economic sector.

Internal reports show power companies incur losses from underutilized capacity. Authorities believe revenues from miners, who typically devote up to 70% of their funds to electricity, could offset some costs. Should the experiment succeed, Pakistan will enhance its reputation as a major crypto hub in Asia.

In the near future, officials plan to finalize tariff details and identify suitable sites, enabling large operators to set up infrastructure swiftly.