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66 sats \ 1 reply \ @grayruby 31 May \ on: Pakistan’s bold Bitcoin move draws IMF scrutiny bitcoin
It is possible to have energy shortages in big cities and surplus power generation in other regions. Theoretically you could monetize the surplus power generation you have by mining bitcoin and then reinvest in increased power generation in energy starved areas. Not saying that is what is happening here but it is plausible.
It is possible to have energy shortages in big cities and surplus power generation in other regions.
Yes you're right but from what I've been hearing from neutral and even Pakistani media, the power problem of Pakistan is much bigger than shortages or surpluses. There are places which still lack of good infra and there's little scope to create new power plants as Pakistan don't have many water sources. So promising a 2000 MW is an exaggeration imho.
Besides, there's this report which is from a neutral media confirms the power crisis.
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