Pakistan Begins Full-Scale Bitcoin Mining.

Pakistan, which used to have a harsh stance towards bitcoin and other cryptos just like India, is now embracing the revolutionary digital asset class with full arms.

Authorities in the Khyber Pakhtunkhwa (KP) province of Pakistan have launched two state-owned bitcoin (BTC) mining farms.

While the cryptospace has been welcoming more and more institutional investors since the past year, it appears 2021 may just be the year that governments will start latching onto the fast-moving bitcoin train.

In the latest development, Khyber Pakhtunkhwa (KP), one of the four provinces in Pakistan, has announced the launch of two state-controlled bitcoin mining farms in the region, making it one of the very first nations in the world to achieve such a feat.

With bitcoin and other crypto assets now legal in Pakistan, a nation of more than 220 million people, the forward-thinking move by the government could make the region a juicy hub for blockchain-focused businesses, potentially helping it to generate more revenue in addition to its bitcoin mining profits.

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