Pakistan is advancing plans to utilize surplus electricity for crypto mining, aiming to position itself as a global hub for blockchain-based industries.
The government is developing special electricity tariffs for crypto mining operations to attract investors without burdening the national grid with subsidies.
This approach seeks to convert excess power into revenue by targeting miners who spend 60–70% of operational costs on electricity.
The Pakistan Crypto Council (PCC) is driving policy discussions, proposing licensing regimes for crypto exchanges and mining firms, consumer protection laws to prevent fraud, national blockchain policy to guide future initiatives and pilot programs to test large-scale mining feasibility.
Finance Minister Muhammad Aurangzeb emphasized the need for regulatory clarity and alignment with international standards while adapting to local economic realities.
Success hinges on power supply stability and international compliance. While surplus electricity provides a competitive edge, infrastructure reliability and regulatory missteps could derail the initiative.
The PCC’s CEO, Bilal Bin Saqib, framed this as a “new digital chapter” for Pakistan’s economy, aiming to attract investment and empower youth in emerging technologies.
The PCC is driving efforts to establish clear licensing systems for crypto exchanges and mining operations, ensuring compliance with international standards while adapting to local economic realities.
The council is central to leveraging surplus electricity for crypto mining, proposing special electricity tariffs to attract miners without burdening the grid with subsidies.
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