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Bhutan DHI partners with Bitdeer on mining investment

Bhutan's sovereign investment arm DHI and Bitdeer announced a partnership and a planned fund of up to $500 million for carbon-free digital-asset mining infrastructure. DHI's chief executive said the near-term focus was Bitcoin, while the formal releases used the broader term digital-asset mining.

Bhutan's sovereign investment arm DHI and Bitdeer announced a partnership and a planned fund of up to $500 million for carbon-free digital-asset mining infrastructure. DHI's chief executive said the near-term focus was Bitcoin, while the formal releases used the broader term digital-asset mining.

The mining connection was direct Bitcoin mining and sovereign adoption. The consequence was economic and infrastructural—where hashpower could be hosted, financed, or paid—not a change to Bitcoin's consensus rules.

The Bitcoin connection ran through bitcoin mining and sovereign adoption. Sovereign-linked investment vehicle commits to major Bitcoin mining buildout.

Sources

  1. DHI and Bitdeer to Jointly Develop Green Digital Asset Mining Operations in Bhutan
  2. Bitdeer and Druk Holding & Investments to Jointly Develop Green Digital Asset Mining Operations
  3. Bhutan Plans a $500 Million Fund for Crypto Mining in the Himalayas