Current Affairs - International - Discussion

Bhutan is tapping into its abundant hydropower to mine green cryptocurrencies, a strategic move aimed at driving economic growth while supporting the global shift towards sustainable energy. By utilizing 100% clean energy, Bhutan ensures that its cryptocurrency mining operations are environmentally friendly, aligning with global ESG goals. The country has been investing in cryptocurrencies since 2019 through its sovereign wealth fund, using profits to bolster public spending. With a rising youth unemployment rate and concerns over brain drain, Bhutan is also focusing on blockchain and AI training to create employment opportunities. The plan includes expanding hydropower capacity to sustain this green economic diversification.