France Plans Using Surplus Electricity for Bitcoin Mining, Earn $150 Million in Revenue

Key Points

1. The program, submitted to the National Assembly on July 11, 2025, seeks to convert excess power into economic value through regulated Bitcoin mining.

2. France faces challenges with energy overproduction, often selling surplus electricity at a loss during periods of low demand or high renewable output.

3. Bitcoin mining is proposed as a 'flexible load' to act as a 'buyer of last resort,' utilizing surplus energy and stabilizing the grid.

4. The initiative could generate $100 million to $150 million in revenue, offsetting the costs of maintaining France's nuclear infrastructure and supporting a carbon-free crypto sector.

5. Additional benefits include waste heat recovery from mining operations, which could be used for agricultural greenhouses or industrial applications.