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Kingdom of Bhutan shocks with Bitcoin mining revelation

• Cryptopolitan

-The Kingdom of Bhutan reveals involvement in Bitcoin mining using its abundant green energy resources.

-Druk Holding & Investments (DHI) confirms mining digital assets, mainly Bitcoin, as part of its diversified portfolio.

-Bitcoin mining in Bhutan prioritizes domestic consumption, local industries, and the private sector for power supply.

The Kingdom of Bhutan, nestled in the Himalayas, has stunned the world with the recent disclosure that it has been mining Bitcoin using its abundant green energy resources.

The small nation, known for its commitment to "gross national happiness" over GDP, has capitalized on its rich hydroelectric power generated by run-of-the-river projects to mine the leading cryptocurrency at a relatively low cost.

The revelation comes from Druk Holding & Investments (DHI), led by CEO Ujjwal Deep Dahal, who stated that the company's diverse portfolio includes mining digital assets, primarily Bitcoin, within Bhutan.