Education For All

Cryptocurrency & Bitcoin Mining in Pakistan Current Status, Regulations, Exchanges, and Mining Feasibility Introduction: Cryptocurrency in the Global Economy Cryptocurrency is a digital or virtual currency secured by cryptography and built on blockchain technology. Unlike traditional money, cryptocurrencies are decentralized and operate without a central bank. Bitcoin (BTC), launched in 2009, remains the world’s first and most valuable cryptocurrency and is often referred to as “digital gold. Over the last decade, crypto adoption has grown rapidly across the world—including Pakistan—despite regulatory uncertainty. Bitcoin (BTC) and Mining Explained Bitcoin mining is the process through which new bitcoins are created and transactions are verified on the blockchain. Miners use powerful computers (ASIC miners) to solve complex mathematical problems. In return, they receive BTC rewards. Mining requires: High-performance hardware Continuous electricity supply Cooling infrastructure Stab...