Crypto Mining Farms Will Soon Be Launched in Pakistan
Crypto mining farms are preparing to launch in a Pakistani province. Reuters reports that two new farms powered by hydro-electric capacities will soon be built and launched in Khyber Pakhtunkhwa. It was announced by Pakistani government minister.
Their neighbor, India, is not that friendly towards cryptocurrencies. Recently they passed the bill about banning any engagement with digital finance including the possession of the crypto assets. Those who already own them will be given six months to cash them out or else they will be punished.
Pakistan slowly takes its steps into the cryptocurrency space. There were some concerns about them but now there are investors interested in developing the crypto field in this country, so the KP province was opened for new opportunities.