This is more like a joke, but news is confirmed, yet there is more before final decision is made, let's check.

Pakistan for BTC mining?

     Pakistan is attempting to attract Bitcoin mining operators, possibly drawing inspiration from the success of Bhutan, as both Pakistan and Bhutan are South Asian nations. This is a significant move for Pakistan, as it has a suitable geographical region for mining and it could also serve as a step towards attracting investment into its power sector.

Pakistan cannot afford Bitcoin Mining

     Based on my research into Bitcoin mining, I believe that due to political instability and uncertainty, mining companies are more inclined to invest less in energy infrastructure and instead buy cheaper electricity from the government. Pakistan faces a substantial issue with its electricity supply and has little chance of offering cheap electricity with substantial tax breaks.

Pakistan is nothing like Bhutan

     The success of Bhutan in South Asia is attributed to the honest King Wangchuk, who personally oversees law and order, investment, and expenditure. In contrast, Pakistan's law and order are heavily influenced by corrupt politicians, terrorists, jihadists, and widespread corruption. Oil, gas, and gold mining companies have already declined to invest in Pakistan, highlighting the challenges the country faces in attracting foreign investment.

Originally published at Wubits