US EditionTurn Wasted Electricity Into a Bitcoin Mine
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Turn Wasted Electricity into a Bitcoin Mine
The post Turn Wasted Electricity into a Bitcoin Mine appeared on BitcoinEthereumNews.com. French lawmakers have proposed using the country’s surplus electricity to power Bitcoin mining The plan aims to solve energy grid imbalances and could generate up to $150 million in annual revenue The innovative proposal also includes using waste heat from miners for industrial and agricultural purposes In a bid to tackle recurring grid imbalances, French l…
France Plans Using Surplus Electricity for Bitcoin Mining, Earn $150 Million in Revenue
French lawmakers have proposed using the country’s surplus electricity to power Bitcoin mining The plan aims to solve energy grid imbalances and could generate up to $150 million in annual revenue The innovative proposal also includes using waste heat from miners for industrial and agricultural purposes In a bid to tackle recurring grid imbalances, French lawmakers have introduced a new legislative proposal to test the use of surplus electricity…
France Mulling 5-Year Bitcoin Mining Plan With Surplus Electricity - Data Intelligence
Key Notes The French government is looking to direct all its excess electricity to its Bitcoin mining sector. France may be able to generate an annual revenue of up to $150 million from the industry. Meanwhile, Cambridge has identified that half of Bitcoin mining is powered by low-carbon or renewable energy sources. The French government is looking to direct all its excess electricity to its Bitcoin BTC $119 366 24h volatility: 2.1% Market cap:…
While the benefits of Bitcoin mining (BTC) are largely proven, this recent bill could allow it to regulate excess electricity generation in France. Let's look at this text in more detail. L的 Article Bitcoin mining with excess electricity in France? 77 MPs present a bill appeared first on Cryptoast.
On July 11, the National Rally tabled a proposal for a law * allowing experimentally the use of electrical surpluses for the mining of cryptoactives. "France has a largely decarbonated electricity production fleet, with almost 70% of its nuclear-derived electricity, offering it a stable, predictable and abundant production capacity. [...] Article A proposal for a law favourable to the mining of Bitcoin appeared first on bitcoin.fr.
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