Bhutan's clandestine entry into the world of cryptocurrency mining has recently come to light, raising many questions about the depth of its involvement. Druk Holding & Investments, the state-owned holding company, has confirmed its foray into the mining space, but what has driven this secretive mission? The answer lies in the country's ambitious plans to finance its fourth industrial revolution and the unexpected role of the pandemic in triggering these efforts. Discover the full story behind Bhutan's crypto endeavors and the potential risks it faces.
Inside Bhutan’s secretive Bitcoin mining operation Inside Bhutan’s secretive Bitcoin mining operation
A report has revealed Bhutan's secretive involvement in Bitcoin mining since 2020, with state-owned Druk Holding & Investments playing a key role.
4 min read
Updated: May. 1, 2023 at 10:28 pm UTC
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.
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