Bhutan is harnessing its abundant, carbon-free hydropower to mine Bitcoin, transforming excess electricity into a valuable digital asset. The initiative is managed by Druk Holding and Investments (DHI), the country's sovereign investment body, which oversees mining operations while limiting retail exposure to cryptocurrency.
Officials in Bhutan have characterized the mined Bitcoin as a foreign-currency liquidity buffer, which has already played a role in supporting government finances. The central bank has established a phased framework for cryptocurrency activities, permitting these operations primarily within the context of Gelephu Mindfulness City, focusing on risk management and transparency.
Bhutan's energy strategy emphasizes expanding hydropower capacity to strengthen its crypto ambitions, with a potential of 33,000 megawatts cited in the National Energy Policy 2025. The country currently exports surplus electricity, particularly to India, while its domestic demand is around 1,000 megawatts. Recent collaborations and infrastructure developments signal the country's commitment to leveraging its renewable energy resources for digital asset generation.
By positioning itself as a leader in sustainable Bitcoin mining, Bhutan aims to develop a tech-savvy workforce and generate liquidity for public spending while promoting a green economy.