🚀💥 Breaking News: French Lawmakers Propose 5-Year Bitcoin Mining Trial 💻
French lawmakers have introduced a groundbreaking bill to utilize surplus electricity from nuclear power plants for Bitcoin mining, potentially generating $100-150 million in annual revenue. This innovative proposal aims to .
- *Reduce Energy Waste*: By leveraging excess electricity that would otherwise be sold at a loss, France can monetize its energy surplus and offset the fixed costs of maintaining its nuclear fleet.
- *Enhance Grid Stability*: The 5-year pilot program would allow electricity producers to redirect surplus power to Bitcoin mining facilities, providing a real-time tool for stabilizing an increasingly renewable-heavy grid.
- *Promote Sustainable Crypto Infrastructure*: France could position itself as a leader in sustainable crypto infrastructure, showcasing the potential for Bitcoin mining to support renewable energy initiatives.
*Key Details:*
- *Pilot Program Duration*: The proposed trial would run for 5 years, with an initial feasibility report due after six months.
- *Revenue Potential*: Dedicating 1 gigawatt of unused electricity to mining could produce $100-150 million in annual revenue.
- *Nuclear Power*: The bill specifically targets surplus nuclear energy, which is often wasted during periods of low grid demand.
*What's Next?*
The bill's progress will be closely watched, as it has the potential to not only benefit France's energy sector but also contribute to the growth of the cryptocurrency industry .
