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Showing posts with the label Bitcoin Mining

Bitcoin in Pakistan: Legal Status, Risks & Future Outlook (2025)

Bitcoin in Pakistan: Legal Status, Risks & Future Outlook (2025) 🔍 Introduction Bitcoin has become one of the most talked-about digital assets in the world. In Pakistan, interest in Bitcoin and other cryptocurrencies has grown rapidly, especially among youth, freelancers, and digital investors. However, confusion still exists regarding its legal status, risks, and future. This article explains everything in clear and factual terms. 💡 What Is Bitcoin? Bitcoin is a decentralized digital currency created in 2009. It operates on blockchain technology, meaning no bank or government controls it. Transactions are recorded publicly and securely, making Bitcoin transparent and resistant to fraud. ⚖️ Legal Status of Bitcoin in Pakistan As of 2025: Bitcoin is not officially legal tender in Pakistan It is also not completely illegal The State Bank of Pakistan (SBP) has warned against risks but has not criminalized ownership Many Pakistanis still trade crypto using international platforms, bu...

Bitcoin Mining in Pakistan: Laws, Exchanges & Real Costs (2025)

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...