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Table of Contents
Bhutan’s Bitcoin Bet: Hydropower Drives Crypto Revolution
Bhutan: The Himalayas’ crypto pioneer
Powering the future through hydropower
Crypto Travel: A novel approach
Challenges and opportunities
Bottom line
Home web3.0 Bhutan's Bitcoin Bet: Hydropower Drives Crypto Revolution

Bhutan's Bitcoin Bet: Hydropower Drives Crypto Revolution

Jul 02, 2025 pm 08:09 PM
Blockchain Bitcoin binance cryptocurrency digital currency Renewable Energy btc bitcoin 2025 Bhutan 202

Bhutan’s Bitcoin Bet: Hydropower Drives Crypto Revolution

Bhutan is using its hydroelectric power for bitcoin mining, positioning itself as a key player in the cryptocurrency world and promoting its economy. Is this a sustainable strategy?

Bhutan's Bitcoin Bet: Hydropower Drives Crypto Revolution

Bhutan’s Bitcoin Bet: Hydropower Drives Crypto Revolution

Bhutan strategically uses its hydroelectric power for Bitcoin mining, aiming to improve its economy and become a key player in the digital currency sector. Can this Himalayan Kingdom really become a cryptocurrency?

Bhutan: The Himalayas’ crypto pioneer

Bhutan is not your typical technology hub, but this country has caused a wave by mining Bitcoin using its abundant hydroelectric power. Bhutan has a Bitcoin portfolio of over 12,000 BTC, accounting for one of the highest monarchs in digital assets. The move is in line with Bhutan’s broader national crypto strategy, aiming to incorporate digital assets into its economy while staying true to its commitment to sustainable development.

Powering the future through hydropower

Bhutan’s approach is simple but clever: use excess hydropower to mine Bitcoin. This maximizes the use of renewable energy and ensures valuable digital assets. The country can use this asset to manage seasonal energy demand and diversify its economy.

Crypto Travel: A novel approach

Bhutan is making it easier for tourists to spend cryptocurrencies. As of May 7, 2025, thanks to its partnership with Binance Pay and DK Bank, visitors can use over 100 cryptocurrencies to pay for flights, hotels, visas and even souvenirs. The system supports over 1,000 vendors and converts cryptocurrency payments into local currencies or US dollars, thus saving merchants from market volatility. This is part of Bhutan’s plan to attract high-value, low-volume tourism while embracing the digital age.

Challenges and opportunities

Of course, the crypto tour of Bhutan is not without its bumps. Fluctuations in cryptocurrency prices pose risks, and even with renewable energy, the environmental impact of crypto mining is a problem. Additionally, poor internet connectivity in rural areas may slow down large adoption. However, King Jigme regards cryptocurrency as a way to achieve economic modernization, consistent with the country's emphasis on the happiness of the people.

Bottom line

Bhutan’s bold move into cryptocurrencies shows how smaller countries can use digital assets to gain economic opportunities. By using clean energy to power blockchain networks, countries can gain access to a growing digital economy while working on sustainability. It was a fascinating experiment, with all eyes staring at Bhutan to see if this Himalayan kingdom can truly become a cryptocurrency leader. Who knows that the key to happiness may be just one point in Bitcoin?

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