Is France about to pull off the impossible: turn a global environmental villain into a local sustainability hero? Amendment No. 547 seeks to include the activity of Bitcoin mining into national energy strategy of France. It’ll be a stroke of genius, or a calamity in the making. And honestly, it...
Well, France is considering harnessing Bitcoin mining to absorb its excess power supply. Sounds neat, right? Similar to making lemonade out of lemons, or in our case, turning unnecessary energy consumption into virtual cash. Amendment No. 547, supported by a few dozen French MPs, would enshrine Bitcoin mining directly into...
Meanwhile in France, legislators are looking to Bitcoin mining as a solution to the country’s longstanding issue of producing too much electricity. The country, which relies on nuclear plants for over 70% of its electricity, faces a unique challenge: it often produces more power than it can sell, leading to...
France is exploring a novel solution to the problem of wasted renewable energy: Bitcoin mining. The country is currently facing over €80 million in losses from excess renewable energy. To reverse this liability into a long-term upside potential, it is now thinking about Bitcoin mining to use up the wasted...
Meanwhile, France is getting hot and heavy with Bitcoin mining, suggesting an evaluation by the government to see if it could strengthen the national energy grid. The concept is to capture excess electricity, largely from nuclear plants. This new initiative would have the ability to jumpstart blighted, former industrial areas....
France is set to take an even bolder step. Put aside the old tropes of Bitcoin as an energy glutton. French legislators recently tabled a proposal for a thorough analysis of how Bitcoin mining can best serve to improve their national energy grid. I'm not talking small tweaks, folks. This...
France, a major producer and exporter of electricity in Europe, is contemplating tapping into the potential of Bitcoin mining to smoothen its power grid. As a nation largely dependent on nuclear power, Japan creates frequent electricity surpluses as a result of its nuclear-heavy energy infrastructure. In France, lawmakers have introduced...
