📢 Gate Square #Creator Campaign Phase 1# is now live – support the launch of the PUMP token sale!
The viral Solana-based project Pump.Fun ($PUMP) is now live on Gate for public sale!
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📅 Campaign Period: July 11, 18:00 – July 15, 22:00 (UTC+8)
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✅ Event 1: Create & Post – Win Content Rewards
📅 Timeframe: July 12, 22:00 – July 15, 22:00 (UTC+8)
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Pakistan has announced that it will invest in Bitcoin Mining amidst the tension with India! Here are the details.
Pakistan has announced an ambitious plan aimed at reducing energy waste and accelerating the country's digital transformation by utilizing 2,000 megawatts of excess electricity power for Bitcoin mining and artificial intelligence (AI) data centers.
Pakistan is Utilizing 2,000 MW of Extra Electric Power for Bitcoin Mining and Artificial Intelligence to Accelerate Technological Development
As of March 2025, Pakistan's total electricity generation capacity reached 46,600 MW, showing a slight increase compared to the previous year.
However, a significant portion of this capacity, particularly during the low demand periods in winter when national demand can drop to 12,000 MW, remains idle at a rate of 14%.
To eliminate this inefficiency, the Pakistani government plans to repurpose underutilized thermal power plants and aims to convert excess electricity into revenue-generating opportunities through high-value digital assets and computing power.
In the first phase of the initiative launched in 2025, 2,000 MW has been allocated to support the development of crypto mining facilities and AI infrastructure.
Pakistan plans to integrate renewable energy sources such as solar, wind, and hydroelectric power into these activities in the future. This change indicates a long-term step towards sustainable energy use within its developing digital economy.
This strategy not only aims to alleviate the financial burden of capacity payments for idle facilities, but also prepares Pakistan to participate in the global race for blockchain and artificial intelligence innovation.
*It is not investment advice.
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