The recent proposal by the French party Rassemblement National supports the idea of utilizing nuclear power plant energy for Bitcoin mining. This initiative was introduced by lawmaker Aurélien Lopez-Liguori to monetize unused resources.
From Crypto Skepticism to Strategic Embrace
In 2016, RN leader Marine Le Pen expressed skepticism towards digital assets, planning to ban them. However, lawmakers are now openly accepting cryptocurrency, supporting the plan to install high-powered systems for efficient Bitcoin mining.
Why Nuclear-Powered Creation?
France generates over 60% of its electricity via nuclear power, often producing more than necessary, especially during nighttime. The RN aims to utilize this surplus energy for economic growth, providing a stable supply for 24/7 production operations.
Global Examples in Crypto Mining
France is not the first country exploring the mining of cryptocurrency using clean energy. Texas uses flared natural gas, while Iceland leverages geothermal and hydroelectric sources. France's strategy could serve as a model for other nations with surplus energy resources.
If the Bitcoin mining bill in France is passed, it could solidify the country's position in Europe and influence future discussions on energy alliances and economic strategies within the EU.