Pakistan proposes Bitcoin mining using surplus energy

Pakistan’s newly formed Crypto Council has proposed leveraging excess electricity for Bitcoin (CRYPTO:BTC) mining, aiming to transform wasted energy into revenue.

The initiative, discussed at the council’s inaugural meeting on March 21, signals a shift from Pakistan’s previous skepticism toward cryptocurrencies.

CEO Bilal Bin Saqib presented the concept of redirecting surplus electricity—often underutilised due to low demand or infrastructure gaps—to power Bitcoin mining operations.

This approach could stabilise Pakistan’s power sector while generating income from otherwise idle resources.

“We are committed to building a transparent, future-ready financial ecosystem that attracts investment,” Finance Minister Muhammad Aurangzeb stated, emphasising the council’s vision.

The proposal reflects a reversal of Pakistan’s stance since May 2023, when former finance minister Aisha Ghaus Pasha declared crypto would never be legalised.

The shift aligns with global trends, particularly U.S. pro-crypto policies under President Donald Trump, who established a digital asset working group and prohibited CBDC development in January 2025.

Pakistan legalised crypto as legal tender on November 4, 2024, coinciding with U.S. elections, to attract foreign investment.

Pakistan’s Power Division is exploring dedicated electricity rates for crypto miners, aiming to cut costs while safeguarding government interests.

Representatives are consulting on a pricing structure that could position Pakistan as a hub for blockchain data centers.

Power Minister Awais Leghari met with Saqib to discuss energy strategies, highlighting collaboration between policymakers and crypto stakeholders.

While the U.S. serves as a model, Pakistan seeks tailored solutions.

Aurangzeb stressed the need for regulatory frameworks grounded in local realities, including consumer protection, licensing regimes, and compliance with international obligations.

The council plans pilot programs and phased rollouts to avoid starting “from scratch,” building on prior stakeholder efforts.

At the time of reporting, the Bitcoin (BTC) price was $85,701.85.