Switzerland's Bern state explores using Bitcoin mining to absorb surplus electricity and stabilize the power grid
According to Decrypt, the Swiss canton of Bern's parliament passed a proposal with 85 votes in favor and 46 against, to explore using Bitcoin mining to absorb excess electricity and stabilize the power grid. The proposal was put forward by a cross-party Bitcoin parliamentary group on March 14, 2024, and was approved despite government opposition. The proposal requires the government to submit reports on three key aspects: identifying unused energy areas in Bern, assessing the feasibility of cooperating with Swiss mining companies for Bitcoin mining, and analyzing its potential to stabilize the power grid during periods of electricity supply fluctuations.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like

Storage Giant Offers Huge Bonuses Again: Micron Awards Up to 68 Months’ Bonus
Micron Technology has announced record-breaking bonuses for its employees in Taiwan, ranging from 35 to 68 months’ salary, with a minimum cash compensation of 1.7 million New Taiwan dollars. However, the Taoyuan union, representing about two-thirds of Micron’s workers in Taiwan, has refused to accept the offer, insisting that 15% of operating profits be included in the bonus distribution and maintaining the threat of a strike.
