Bitcoin and Digital Currency Mining in Bhutan

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Authors: Bikram Adhikari
Cited by: 0

Abstract

Bhutan has quietly emerged as a significant player in the cryptocurrency space. This article presents a comprehensive overview of Bitcoin and digital currency mining in Bhutan, addressing its history, infrastructure, economic impact, geopolitical implications, and current usage at both national and consumer levels. I shall explore how global trends in Bitcoin and digital currencies compare with Bhutan’s unique journey, and how Bhutan’s strategic approach – harnessing renewable energy for crypto mining – has led it to hold a substantial digital asset reserve. The analysis covers major milestones from Bitcoin’s inception to Bhutan’s recent ventures, and provides insight into why Bhutan embarked on this path, what it means for its economy, and how digital currencies are being used on the ground.

Fields of Study & Subjects

Blockchain Technology Applications and Security Sociopolitical Dynamics in Nepal Taxation and Compliance Studies

Publication details

Journal / source
The Bhutan Journal
Volume
7
Issue
1
Pages
61–78
Publication date
10 January 2026