Urgent-Forb: A country secretly mines #Bitcoin to confront its economic crises.
_Forbes recently revealed the existence of four secret state-run Bitcoin mining sites in Bhutan. These locations were revealed through satellite images from #Planet.Labs.and.Satellite Vu #NASDAQ:GOOGL Google #NASDAQ:GOOG Earth as well as internal disclosures. These facilities are strategically located near the Dochula Pass and its sacred shrines, the rugged landscape of Trongsa and Dagana and an abandoned site that was intended for an educational initiative that was expected to become operational around 2020 and are equipped with advanced extraction units connected directly to hydroelectric power stations. The Himalayan kingdom is currently facing economic challenges, including declining tourism and high youth unemployment rates. In addition, the country is suffering from brain drain due to increasing immigration rates. In response to these pressures, King Jigme Khesar Namgyel Wangchuk has championed cryptocurrency mining initiatives similar to those in El Salvador.
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