France Sparks Innovation with Bitcoin Mining Proposal
2025-07-17 08:48:25
Main Idea
French lawmakers proposed a legislative plan to use surplus electricity for Bitcoin mining, aiming to create a controlled and carbon-free energy solution while generating economic benefits.
Key Points
1. The proposal, introduced on July 11, seeks to utilize surplus electricity for Bitcoin mining to turn economic losses into profits.
2. A five-year pilot phase would involve mining centers near power sources, potentially generating $100-150 million annually with 1 GW capacity.
3. The plan includes utilizing heat energy and draws inspiration from similar initiatives in Iceland, Norway, and Sweden.
4. Lawmakers highlight the potential to support the digital economy and revitalize idle factory areas through this initiative.
Description
France proposes using excess electricity for Bitcoin mining over five years. The initiative aims to prevent economic losses and enhance grid stability. Continue Reading: France Sparks Innovation with Bitcoin Mining Proposal The post France Sparks Innovation with Bitcoin Mining Proposal appeared first on COINTURK NEWS .
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