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As Bitcoin’s halving event approaches, Bhutan, nestled in the Himalayas, is gearing up its Bitcoin mining operations in a bid to counter potential revenue impacts. With plans to significantly increase its mining capacity, the nation aims to leverage its abundant hydroelectric power resources to become a major player in the global mining scene.
Strategic Partnerships for Expansion
Bhutan’s government investment firm, Druk Holding & Investments (DHI), has forged partnerships with leading Bitcoin mining companies like Bitdeer Technologies Group, listed on Nasdaq. This collaboration underscores Bhutan’s commitment to harnessing its natural resources for sustainable Bitcoin mining…
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