Bhutan, a Himalayan kingdom, has made a significant economic move by investing in cryptocurrency mining, utilizing its abundant hydropower. This strategy has reportedly led to a substantial crypto reserve, estimated at $1.3 billion, nearly 40% of its GDP. The country claims this diversification has resulted in reduced poverty, increased public sector wages, and a decrease in emigration. Bhutan has also pioneered initiatives like a nationwide crypto payment system and a blockchain-based digital identity platform. Despite concerns about crypto volatility, Bhutan's government-led approach is being observed for its apparent economic benefits.