Pakistan Greenlights 3-Month Bitcoin Mining Trial to Optimize Energy—Despite IMF Skepticism
Pakistan takes a bold step into crypto-powered energy reform—with or without the IMF's blessing.
Flaring Gas, Mining Bitcoin
Instead of burning stranded natural gas, Pakistan's pilot will channel excess energy into Bitcoin mining rigs. Three months to prove the model works—or crash against IMF austerity demands.
The IMF's 'No' That Sparked a Maybe
After partial rejection of traditional energy subsidies, the State Bank pivoted to crypto infrastructure. 'Better to monetize waste than beg for loans,' argues a ministry insider.
Watch the Hashrate, Not the Headlines
Success hinges on metrics even Wall Street can't fake: sustained megawatt conversion into BTC. Fail, and it's just another IMF cautionary tale—with extra ASICs gathering dust.
_Funny how 'waste' becomes an asset class the moment you attach a blockchain to it._
Pakistan deepens its Bitcoin strategy
Despite the IMF’s reservations, Pakistan appears to be doubling down on its crypto push.
The authorities have signaled a broader commitment to digital assets, framing Bitcoin as a sovereign-grade financial tool that could help strengthen financial decentralization and innovation in the Global South.
Pakistan is building a high-profile advisory group for its newly formed Crypto Council as part of this strategy. The team includes MicroStrategy’s Michael Saylor, Binance founder Changpeng “CZ” Zhao, and World Liberty Financial advisor Bin Saqib. These appointments reflect Pakistan’s ambition to shape global crypto discourse and policy.
In a related development, World Liberty Financial, the DeFi project with ties to US President Donald TRUMP and his family, signed a memorandum of understanding with the Pakistani Crypto Council (PCC) in late June.
