CoinVoice has recently learned that, according to Cointelegraph, the International Monetary Fund (IMF) has questioned Pakistan’s plan to allocate 2,000 megawatts of electricity for Bitcoin mining. This plan was announced last week and aims to attract independent miners, Blockchain companies, and artificial intelligence firms to Pakistan. Currently, the IMF has requested that Pakistan’s Ministry of Finance urgently clarify the legitimacy of crypto mining and the issue of electricity allocation, especially given the country’s long-standing energy shortages and financial pressures.
It is reported that the Pakistani government did not consult the IMF before announcing this decision. In addition, the IMF has expressed concerns about the potential impact of crypto assets on electricity prices and resource allocation in Pakistan, and it is expected that the two parties will arrange a separate meeting to specifically discuss the Bitcoin electricity plan.
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