Bhutan is investigating the potential of mining green cryptocurrency powered by hydropower to enhance its economy

The extraction of green cryptocurrency through hydropower is intended to enhance the economy, with the goal of mitigating youth emigration and fostering sustainable development.

Green cryptocurrencies refer to digital currencies that are mined utilizing renewable energy sources such as hydropower, wind, or solar energy, rather than relying on fossil fuels.

Key Features:

• Operates entirely on hydropower, ensuring that the mining process is carbon-neutral. Supports blockchain technology while maintaining an environmentally friendly impact.
• Provides green digital assets to businesses striving to achieve Environmental, Social, and Governance (ESG) objectives.

Significance:

• Aligns with Bhutan’s Gross National Happiness (GNH) framework, which prioritizes sustainability.
• Establishes Bhutan as a prominent center for green digital finance on a global scale.
• Facilitates the utilization of existing hydropower resources for economic diversification.