Bhutan Explores Green Crypto Mining To Boost Economy, Curb Brain Drain
New Delhi:
The Himalayan nation of Bhutan is exploring ways to mine and leverage green cryptocurrencies using hydropower to boost its economy and create jobs to reduce brain drain, the chief executive of its 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.
Sandwiched between Asian giants India and China, Bhutan has earned millions of dollars in recent years by investing in some of the world’s most popular cryptocurrencies and used some of its profit to pay…
