Bhutan to increase Bitcoin mining operations sixfold ahead of halving

2024-4-6 11:02

Bhutan and Bitdeer are set to expand Bitcoin mining capacity amid halving concerns, aiming to expand the nation’s mining capacity by 500 megawatts by 2025. Bhutan‘s investment arm, Druk Holding & Investments (DHI), is gearing up to boost its mining…

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Inside Bhutan’s secretive Bitcoin mining operation

Bhutan's clandestine entry into the world of cryptocurrency mining has recently come to light, raising many questions about the depth of its involvement. Druk Holding & Investments, the state-owned holding company, has confirmed its foray into the mining space, but what has driven this secretive mission? The answer lies in the country's ambitious plans to finance its fourth industrial revolution and the unexpected role of the pandemic in triggering these efforts.

2023-5-1 19:31