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France’s bold plan to mine Bitcoin with wasted energy has sent shockwaves throughout the global crypto community. In a recent proposal submitted to the French parliament, lawmakers have put forward a five-year trial program aimed at utilizing surplus electricity for Bitcoin mining.
The initiative, if adopted, would see the country leverage its idle power capacity to fuel its cryptocurrency endeavors. This shift in perspective highlights the changing landscape of how countries are viewing Bitcoin mining as a tool for grid management and economic growth.
Per the proposal, France would create data centers close to energy generation sites, such as decommissioned factories or industrial zones. These decentralized facilities would efficiently harness surplus electricity from nuclear and renewable sources, enabling the country to minimize losses incurred by power producers while avoiding pressure on its infrastructure.
The bill emphasizes that repurposing unused energy for Bitcoin mining could help reduce financial burdens for suppliers and alleviate the stress placed on nuclear facilities as a result of frequent adjustments in their output.
Source: bitcoinist.com
