List of Flash News about Bitcoin mining expansion
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2025-05-25 09:36 |
Pakistan Approves 2,000 Megawatts for Bitcoin Mining: Major Boost for Crypto Market Growth 2025
According to Crypto Rover, Pakistan has officially approved the allocation of 2,000 megawatts of power specifically for Bitcoin mining operations (source: Crypto Rover, Twitter, May 25, 2025). This significant increase in energy supply is expected to attract large-scale Bitcoin mining businesses, potentially reducing mining costs and increasing global hash rate. The move positions Pakistan as a rising hub for crypto mining, which may intensify competition in the mining sector and impact Bitcoin's supply dynamics. Traders should monitor potential shifts in mining-related stocks and cryptocurrency prices as institutional miners may seek expansion in Pakistan. |