# Pakistani Province Plans To Build Pilot Crypto Currency Mining Farms

By Coinness

Canonical URL: https://www.tokenpost.com/news/investing/7537
Published: 2021-03-18T07:22:03.000Z
Updated: 2021-03-18T07:22:03.000Z
Section: Investing

> The Pakistani province of Khyber Pakhtunkhwa is planning to build two hydroelectric-powered pilot “mining farms” to capitalise on a bullish global cryptocurrency market, a minister overseeing a new government crypto p…

The Pakistani province of Khyber Pakhtunkhwa is planning to build two hydroelectric-powered pilot “mining farms” to capitalise on a bullish global cryptocurrency market, a minister overseeing a new government crypto policy told Reuters.

The announcement comes as cryptocurrencies are gaining mainstream acceptance, with Bitcoin’s price reaching record levels as investors such as Elon Musk pour funds into it, and the first big U.S. bank, Morgan Stanley, offering its wealth management clients access to bitcoin funds.

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