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Bhutan Sovereign Bitcoin Mining Program
Bhutan's continued Bitcoin mining using hydroelectric power supports its long-term involvement in the crypto market.
ARTICLES2
SOURCES2
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FIRST SEENMay 17, 2026
LAST SEENAug 13, 2026
TRAJECTORY Quiet
Too little corroboration in the last 3 days to call a trend (2 articles). Watching for it to gain traction.
COVERAGE OVER TIME
COVERAGE MIX
SOURCE EVIDENCE
"The real question is no longer where cryptocurrency miners can find cheap electricity. It is where cheap electricity remains politically, contractually, and physically available for mining after every other buyer has made a claim on the same grid connection."
"Arkham claims that Bhutan has been mining since at least 2019 using the government’s mining infrastructure using hydroelectric power."