Connect with us

Hi, what are you looking for?

Crypto News

Breaking: IMF Blocks Pakistan’s Plan to Subsidize Electricity for Bitcoin Mining

In a setback for Pakistan’s Bitcoin reserve plans, the IMF has rejected a proposal for subsidized electricity tariffs for Bitcoin mining. Secretary Power Dr Fakhray Alam Irfan posited that the IMF is firmly against targeted subsidies, even though Pakistan has surplus electricity during the winter months. IMF Raises Objections to Pakistan’s Bitcoin Mining Plans According

The post Breaking: IMF Blocks Pakistan’s Plan to Subsidize Electricity for Bitcoin Mining appeared first on CoinGape.

You May Also Like

World News

US Secretary of State Marco Rubio will discuss the possibility of deporting suspected Tren de Aragua gang members to El Salvador in an upcoming...

Science&Tech News

Consumer rights group Which? is suing Apple for £3bn over the way it deploys the iCloud. If the lawsuit succeeds, around 40 million Apple...

Science&Tech News

Battle lines have been drawn between the almost 200 countries meeting in Azerbaijan as they seek to agree a new pot of money to...

Crypto News

The Bank of Russia has issued a directive for financial institutions to prepare for the integration of the digital ruble. The move aims to...