Bhutan plans a $500 million fund for crypto mining in the Himalayas

The fund intends to develop green mining that leverages Bhutan's hydroelectric power sources and pushes the country beyond its hydropower reliance. The initial focus of the fund will be Bitcoin. Mining is the least risky way for Bhutan to tap crypto opportunities.

May 3, 2023 - 13:30
Bhutan plans a $500 million fund for crypto mining in the Himalayas
The fund intends to develop green mining that leverages Bhutan's hydroelectric power sources and pushes the country beyond its hydropower reliance. The initial focus of the fund will be Bitcoin. Mining is the least risky way for Bhutan to tap crypto opportunities.