The Canton of Bern parliament in Switzerland has approved a motion to explore Bitcoin mining as a way to utilize surplus energy and stabilize the electricity grid. The initiative, introduced by the cross-party Parliamentary Group Bitcoin, passed with a majority of 85 to 46 votes in the Grand Council, despite government opposition.
The proposal seeks to make Canton of Bern an attractive location for firms with an innovative Bitcoin strategy. The motion tasks the government with preparing a report addressing three key points: identifying areas with unused energy in Bern, evaluating how Bitcoin mining could utilize this surplus in collaboration with Swiss mining companies, and assessing its potential to stabilize electricity grids during periods of supply fluctuation.
The proposal received backing from several political factions, including the Swiss People’s Party, Green Liberal Party, Center Party, and EDU.
Source
<p>The post Switzerland’s Bern Parliament Explores Bitcoin Mining to Utilize Surplus Energy first appeared on CoinBuzzFeed.</p>
