Invest In Crypto News
  • Home
  • Latest News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
    • Blockchain News
    • Doge News
    • NFT News
    • Video
    • Market Analysis
    • Business
    • Finance
    • Politics
    • Mining
    • Regulation
    • Technology
  • Top 10 Cryptos
  • Market Cap List
  • IC DAO
  • Donations
  • Contact
  • Buy Crypto
  • IC DAO
No Result
View All Result
Invest In Crypto News
  • Home
  • Latest News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
    • Blockchain News
    • Doge News
    • NFT News
    • Video
    • Market Analysis
    • Business
    • Finance
    • Politics
    • Mining
    • Regulation
    • Technology
  • Top 10 Cryptos
  • Market Cap List
  • IC DAO
  • Donations
  • Contact
  • Buy Crypto
  • IC DAO
No Result
View All Result
Invest In Crypto News
No Result
View All Result

France joins global trend of using Bitcoin mining for energy balance

CryptoExpert by CryptoExpert
June 17, 2025
in Mining
0
France joins global trend of using Bitcoin mining for energy balance
  • Facebook
  • Twitter
  • Pinterest


You might also like

Inside the $87 million BTC sell-off driving a Bitcoin treasury pivot into AI data centers

Should I SELL All Of My 170HX's NOW?

Bitcoin Miner Poolin Files for Chapter 11 Bankruptcy

Nemo

A group of lawmakers in France is advocating for a national review on how Bitcoin mining can help address the country’s persistent surplus in electricity production.

The proposal, submitted to the French National Assembly on June 12, urges the government to examine whether Bitcoin’s energy-intensive mining process could be harnessed to absorb excess power, especially from the nuclear plants that generate the bulk of France’s electricity.

A translated version of their proposal reads:

“At a time when France is seeking to optimize the management of its surplus electricity production—particularly from nuclear or renewable sources—Bitcoin mining offers unique technical characteristics.”

France relies heavily on nuclear energy, which currently supplies over 70% of its power, according to EBSCO data.

Tokenmetrics

While this has positioned the country as a leader in clean energy generation, it also results in frequent overproduction. Raphaël Bloch, co-founder of The Big Whale, recently pointed out that France lost nearly €80 million in 2024 due to wasted electricity.

Considering this, the lawmakers argued that Bitcoin mining could have transformed that surplus into economic value.

France Bitcoin mining proposal

The lawmakers’ amendment request calls for an official report to assess the conditions under which Bitcoin mining can be integrated into the national energy system.

They pointed out that Bitcoin mining facilities could act as flexible energy consumers as their operations can be switched on and off quickly, located near power stations, and scaled without disrupting the grid.

According to the lawmakers, this setup would help stabilize energy markets. It could also reduce the wear and tear on nuclear plants by easing the need for constant power output adjustments.

Moreover, old industrial sites could be revived as mining centers, while excess heat from mining could be recycled for nearby cities or industries.

They also proposed building a regulated, low-carbon Bitcoin mining sector in France. This initiative, they argue, would align with the country’s decarbonization goals and offer a new avenue for innovation and job creation.

Global trends

France’s interest in Bitcoin mining reflects a broader international trend of countries seeing BTC mining as a strategic tool to balance energy supply, reduce waste, and support innovation in the digital economy.

Earlier this year, Belarus’ President directed his government to study Bitcoin mining as a way of consuming surplus power.

More recently, the national crypto council in Pakistan announced plans to allocate 2,000 megawatts of electricity to the country’s BTC mining and AI data centers.

Daniel Batten, a Bitcoin mining researcher, argued that these efforts reflect the critical role of Bitcoin mining’s unique type of energy consumption in ensuring energy affordability and abundance.

Mentioned in this article



Source link

  • Facebook
  • Twitter
  • Pinterest
Tags: Bitcoin
CryptoExpert

CryptoExpert

Recommended For You

Inside the $87 million BTC sell-off driving a Bitcoin treasury pivot into AI data centers

by CryptoExpert
July 28, 2026
0
Liam 'Akiba' Wright

Nasdaq-listed Bitcoin treasury company Empery Digital has added a completed AI-infrastructure investment to its strategy, closing a $20 million preferred-equity stake in Cardinal Data Power while a much...

Read more

Should I SELL All Of My 170HX's NOW?

by CryptoExpert
July 27, 2026
0
Should I SELL All Of My 170HX's NOW?

Check on YouTube

Read more

Bitcoin Miner Poolin Files for Chapter 11 Bankruptcy

by CryptoExpert
July 27, 2026
0
Cointelegraph

Singapore-based Bitcoin mining pool Poolin and two of its US affiliates filed for Chapter 11 bankruptcy in a New Jersey court on Wednesday.Poolin’s court filing shows that the...

Read more

Bitcoin Miner Poolin Technology Files Chapter 11 With $173M Debt as $52M Asset Sale Moves Forward

by CryptoExpert
July 26, 2026
0
Bitcoin Miner Poolin Technology Files Chapter 11 With $173M Debt as $52M Asset Sale Moves Forward

Key TakeawaysOn July 22, 2026, Singapore-based Poolin Technology filed for Chapter 11 bankruptcy in New Jersey court.The filing reflects broader crypto industry strains, leaving 11,700 wallet holders with...

Read more

Bitcoin mining giant Poolin files for bankruptcy owing 11,700 users $164 million

by CryptoExpert
July 25, 2026
0
Liam 'Akiba' Wright

Bitcoin mining pool Poolin Technology filed for Chapter 11 with $163.7 million in IOUs owed to wallet users. Its two Texas affiliates are seeking court approval for asset...

Read more
Next Post
Truth Social files for a Bitcoin and Ethereum ETF

Truth Social files for a Bitcoin and Ethereum ETF

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Browse by Category

  • Altcoin News
  • Bitcoin News
  • Blockchain News
  • Business
  • Doge News
  • Ethereum News
  • Finance
  • Market Analysis
  • Mining
  • NFT News
  • Politics
  • Regulation
  • Technology
  • Trending Cryptos
  • Video

Sitemap

  • Market Cap
  • Donations
  • Trading
  • Mining
  • Contact

Legal Information

  • Privacy Policy
  • Anti-Spam Policy
  • Copyright Notice
  • DMCA Compliance
  • Social Media Disclaimer
  • Terms Of Service

Categories

  • Altcoin News
  • Bitcoin News
  • Blockchain News
  • Business
  • Doge News
  • Ethereum News
  • Finance
  • Market Analysis
  • Mining
  • NFT News
  • Politics
  • Regulation
  • Technology
  • Trending Cryptos
  • Video

© Copyright 2024 InvestInCryptoNews.com

No Result
View All Result
  • Home
  • Latest News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
    • Blockchain News
    • Doge News
    • NFT News
    • Video
    • Market Analysis
    • Business
    • Finance
    • Politics
    • Mining
    • Regulation
    • Technology
  • Top 10 Cryptos
  • Market Cap List
  • IC DAO
  • Donations
  • Contact
  • Buy Crypto
  • IC DAO

© Copyright 2024 InvestInCryptoNews.com

This website is using cookies to improve the user-friendliness. You agree by using the website further.

Privacy policy
bitcoin
Bitcoin (BTC) $ 63,966.00
ethereum
Ethereum (ETH) $ 1,923.33
tether
Tether (USDT) $ 0.999207
bnb
BNB (BNB) $ 571.46
usd-coin
USDC (USDC) $ 0.999777
xrp
XRP (XRP) $ 1.07
solana
Solana (SOL) $ 73.93
tron
TRON (TRX) $ 0.324569
figure-heloc
Figure Heloc (FIGR_HELOC) $ 1.00
staked-ether
Lido Staked Ether (STETH) $ 2,265.05

Pin It on Pinterest

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?