A group of French legislators is preparing a draft law that would allow the use of excess electricity of nuclear centrals to mine Bitcoin
According to recent public statements.
The proposal would install mining hardware in facilities owned by the France Electricité Electricité (EDF)According to the media Le Monde. The process would take advantage of the surplus energy generated by these nuclear plants.
France is the largest nuclear energy producer in the European Union, according to data from Eurostat. It represented 338,202 hours of gigawatts, or more than half of the total exit of the 27 nations block. The heat produced by nuclear fission is used to produce electricity, but more than two thirds of it is lost, the statistics agency said.
“It is a safe and extremely profitable solution,” said Aurélien López-Liguori, a member of the Parliament involved in the drafting of the bill. The draft is still in the early stages and follows a previously rejected amendment from June that suggested evaluating Crypto Mining’s contribution to the combination of energy of France.
Taking advantage of surplus energy to extract bitcoin is not a new concept. In May, Pakistan committed 2,000 megawatts of electricity to extract bitcoin and feed artificial intelligence data centers, taking advantage of coal power plants that work at 15% capacity.
Similarly, the main stable emitter is exploring BTC mining using renewable energy surplus from the southern agribusiness firm of South America Adecoagro. Tether has a 70% participation in Adecoagro.
