Satellite Images Show Bhutan’s Secret State-Owned Bitcoin Mining Facilities
Satellite images have uncovered Bhutan’s undisclosed state-owned Bitcoin (BTC) mining operations.
The landlocked Himalayan nation, known for its seclusion and breathtaking landscapes, has transformed itself into a crypto haven under the rule of King Jigme Khesar Namgyel Wangchuck, according to a recent analysis by Forbes .
The report noted that Bhutan’s government has allocated land, funding, and energy to these secret mining facilities, hoping to mitigate an impending economic crisis.
However, the exact locations and extent of these operations have remained a mystery until now.
Forbes, which previously reported on Bhutan’s multimillion-dollar bitcoin portfolio, has identified four mining sites through sources knowledgeable about Bhutan’s crypto investments and satellite imagery from Planet Labs, Satellite Vu, and Google Earth.
Bhutan’s #Bitcoin mining secret revealed!
•Hidden mines in Bhutan for #BTC
Read more on cryptonews.com
