Member-only story
Bhutan’s Bitcoin Boom: A Sustainable Crypto Revolution
In the heart of the Himalayas, the Kingdom of Bhutan, known for its Gross National Happiness index, is quietly revolutionizing the world of cryptocurrency.
This small, landlocked nation has been mining Bitcoin for years, leveraging its abundant hydroelectric power to fuel a sustainable crypto operation.
As reported by Blockworks and Cointelegraph, this revelation has stunned the international financial market, not only for its secrecy but also for its innovative approach to green crypto mining.
A Sustainable Crypto Secret
Bhutan’s crypto journey began a few years ago when Bitcoin traded around $5,000.
The country’s investment arm, Druk Holding and Investments (DHI), saw an opportunity to diversify its portfolio and embarked on a crypto-mining venture. The operation was kept under wraps, even from its citizens, until recently, as reported by Euronews.
The secret to Bhutan’s crypto mining success lies in its geography. The country is blessed with abundant hydroelectricity, thanks to the ancient glaciers feeding the many rivers flowing through…
