IMF Slams Pakistan’s Bitcoin Mining Power Grab—Because Who Needs Stable Energy When You’ve Got Crypto Dreams?

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2025-05-31 19:06:16

The International Monetary Fund just side-eyed Pakistan’s ambitious—some say reckless—plan to divert precious energy resources into Bitcoin mining. Because nothing says ’economic stability’ like betting scarce megawatts on volatile digital assets.

While Islamabad eyes crypto as a potential lifeline, the IMF isn’t buying the hype. Their latest report hints at raised eyebrows over power infrastructure being cannibalized for mining rigs—all while load-shedding blackouts plague households. Priorities, right?

Here’s the kicker: Pakistan’s energy crisis is so dire that factories regularly shut down to conserve electricity. But sure, let’s fire up those ASICs—what could go wrong? *Cue Wall Street bankers sipping lattes while muttering ’emerging markets’ into their Bloomberg terminals.*

IMF raises concern over Pakistan’s Bitcoin mining power plan: report

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