IMF Raises Concerns Over Pakistan’s 2,000 Megawatt Bitcoin Mining Plan Amid Ongoing Energy Shortages
The International Monetary Fund (IMF) has raised significant concerns over Pakistan’s ambitious plan to allocate 2,000 megawatts of electricity for Bitcoin mining amidst ongoing energy shortages. This initiative aims to attract blockchain and AI firms, but it faces scrutiny during critical budget discussions, raising questions about its feasibility. “The legality of crypto mining and its … Read more