IMF Slams Pakistan’s Crypto Mining Power Subsidy—Here’s Why It Matters

Pakistan's attempt to lure crypto miners with subsidized electricity just got a reality check from the IMF. The global financial watchdog isn't buying it—and neither should you.

Power play backfires

When a government tries to prop up an industry with artificial incentives, red flags go up. The IMF's rejection exposes the shaky economics behind Pakistan's crypto mining gambit—miners follow cheap power, not loyalty.

Follow the electricity

Crypto mining operations are energy nomads. They'll pack up and leave the moment subsidies dry up or cheaper power emerges elsewhere. Pakistan's bet on long-term mining revenue? About as stable as a shitcoin.

The IMF's cold shower of logic

By blocking this subsidy, the IMF just did Pakistan a favor. Real economic growth comes from sustainable infrastructure—not chasing the volatile crypto mining circus. But hey, at least someone's watching the fiscal printers.