The parliament of the Swiss canton of Bern has passed legislation to study the feasibility of Bitcoin mining in the region. This decision, supported by representatives from various political parties, aims to explore the potential use of excess energy.
New Legislative Step in Bern
The proposal to study Bitcoin mining in Bern was passed with 85 votes in favor and 48 against. It was co-sponsored by Samuel Kullmann from the Federal Democratic Union of Switzerland and Simon Ryser from the Green Liberal Party, among other supporters.
Potential for Unused Energy Utilization
A key aspect of the initiative involves analyzing the potential to use excess energy for Bitcoin mining. Similar practices are already in place in other countries, such as Japan, where a subsidiary of Tokyo Electric Power Company Holdings has implemented them.
Bitcoin's Role in Future Financial Systems
The proposal is part of the legislative efforts initiated by the 'Parliamentary Group Bitcoin' to prepare the canton for financial digitization. The legislation underscores Bitcoin's potential central role in future financial systems, attributing its appeal to the fixed supply of 21 million coins, making it an attractive alternative to traditional currency systems.
This initiative highlights Bern's ambition to be at the forefront of digital financial transformation. The study of Bitcoin mining and the utilization of excess energy could become crucial elements for regional economic growth and attract cryptocurrency-related businesses.
