Bhutan turns into a “green” cryptocurritude in the fuel economy

Author Rupam Jain

The new Delhi (Reuters) – Himalayan people are investigating ways for mine and exploiting green cryptocurri using a hydropower plant to reduce brain outflow, the main director of his sovereign wealth fund said.

Green cryptocurrencies are digital currencies mined using clean energy resources such as wind, hydro or solar power instead of fossil fuel.

In particular, the sandwich between Asian giants India and China, in recent years he earned millions of dollars by investing in some most popular cryptocurries in the world and used some profit for two years, two senior officials in Thimpe said.

“We are a nation that leads 100% hydropower plants and every digital coin that my in butane using hydropower plants that indulge in vessels,” said Ujjval Dubok Dahal, General Manager of Fund and Investments, “

“So, the coin mined in Bhutan will contribute to the green economy,” Reuters said on Tuesday.

Dahal said that the fund, controlled by Bhutan electricity production program, began adding cryptocurrency to his portfolio 2019. years, seeing virtual currencies as tactical investments and gamechanger for land.

Bhutan is known for its coarse index of national happiness (GNH), an economic meter that includes factors ignored by the usual measures of gross domestic product, such as recreation, emotional well-being and sustainability.

It uses a hydropower hydropower for the operation of the energy supercomputer to create digital property that can be added to Blocko.

Officials investigate whether large conglomerates could buy Bhutan “green” coins to meet their goals on environmental protection, social and management (ESG).

“Bitcoin didn’t just give a hydroelectric power plant, but increased and increased access to a foreign currency,” Dahal said, who added Bhutan’s young people in Blockcakin and AI gorišta techniques.

A nation of about 800,000 fights from the exodus of young people, educated people. The government estimates that more than a tenth of their young people looked for greener pastures between 2022. and 2023. years, taking unemployment in that age group to 16.5% in 2024. Years.

Analysts said that the ambitious thigh plan was to become the capital of the green digital currency depends on the spread of their generation hydropower to the potential of 33 gigavats as opposed to the existing capacity of about 3.5 gigavati.

“We have planned to create 15 gigavates over the next 10 to 15 years,” Dahal added.

(Reporting Rupam Jain; Editing Clarence Fernandez)