The parliament of the Canton of Berne in Switzerland has passed a law to explore the potential of Bitcoin mining using excess energy.
The parliament of the Canton of Berne in Switzerland has passed a law to explore the potential of Bitcoin mining using excess energy. This initiative, proposed by a pro-crypto group, aims to direct surplus energy toward Bitcoin mining. The decision was made despite global concerns about Bitcoin’s energy consumption. Switzerland has significant hydropower resources, making it a preferred and clean energy source for Bitcoin mining. About 62% of the country’s electricity is generated from its mountainous regions and rivers. Switzerland had previously allocated parts of its energy supply to data centers, and this new move could make Bern a more attractive destination for mining operations.
Source: cryptorank.io
