French MPs Float Plan to Mine Bitcoin With Surplus Nuclear Energy
Main Idea
French MPs propose using surplus nuclear energy to mine Bitcoin, citing it as a secure and profitable solution, with similar initiatives already underway in other countries.
Key Points
1. French MPs suggest utilizing excess nuclear energy from Électricité de France (EDF) for Bitcoin mining, calling it a 'secure and extremely profitable solution'.
2. Nuclear energy accounts for over half of the European Union's total electricity output, with significant surplus heat currently wasted.
3. Similar initiatives exist, such as Pakistan allocating 2,000 megawatts for Bitcoin mining and Tether exploring BTC mining with surplus renewable energy in South America.
4. Tether owns a 70% stake in Adecoagro, the agribusiness firm involved in the renewable energy mining project.
Description
A group of French lawmakers is preparing a draft law that would enable the use of surplus electricity from nuclear power plants to mine bitcoin (BTC), according to recent public statements. The proposal would install mining hardware at facilities owned by state utility Électricité de France (EDF), according to news outlet Le Monde . The process would take advantage of surplus energy generated by these nuclear power plants. France is the largest producer of nuclear power in the European Union, ac...
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