France Mulling Bitcoin Mining to Reduce Energy Waste

France is looking at a new way to use Bitcoin mining in its energy strategy. According to reports , French National Assembly lawmakers have proposed that the government explore how Bitcoin mining could help manage excess electricity and stabilize the country’s power grid. This plan will tackle France’s problem of excess electricity production while turning Bitcoin’s energy needs into a possible benefit. The French Strategic Growth: A Focus on Efficiency and Expansion Furthermore, the proposal suggests that the government create a detailed report to explore how adding Bitcoin mining to the national energy system could improve energy use. Notably, Bitcoin mining uses a lot of electricity, but it might be a way to use extra energy that would otherwise be wasted. This method could change how individuals view energy consumption, turning it from a problem into a helpful tool for managing energy supply and demand. France’s electricity excess stems from its strong nuclear power plants and increasing renewable energy sources. When demand is low and production is high, this extra power often goes to waste or is sold at lower prices to neighboring countries. As such, some lawmakers believe that Bitcoin mining farms could use this surplus electricity during these times, thereby stabilizing the power grid. If adopted, this initiative could place France as a leader in innovative energy management, using blockchain technology to tackle modern energy issues. Bitcoin Miners Push Ahead Despite Mining Difficulty Bitcoin mining difficulty has recently declined following a record high, offering some relief to miners grappling with rising costs and reduced block rewards. As reported by TheCoinRise, mining difficulty now stands at around 126.4 trillion, just below the all-time high of 126.9 trillion recorded on May 31. However, amid heightened margins, some major publicly traded mining firms are not only staying afloat but thriving. Marathon Digital Holdings (MARA) , one of the largest U.S.-based Bitcoin miners, reported a 35% increase in BTC production in May 2025. CleanSpark, another prominent public miner known for its commitment to clean energy, also reported production gains . HIVE Digital Boost Bitcoin mining Recall that HIVE Digital, the global crypto miner leader, secured a major deal last year with Canaan Creative Global (CCG), the Singapore-based subsidiary. This marked a pivotal shift in HIVE’s plans to strengthen its Bitcoin mining capabilities and create a more efficient, eco-friendly infrastructure. While upgrading its hardware, HIVE invests in a long-term strategy to ensure its operations remain sustainable. The company is building a 100MW mining facility in Paraguay, which is projected to be fully operational by Q3 2025. It is also worth noting that the Executive Chairman, Frank Holmes, emphasized that disciplined capital management allows HIVE to make smart moves. The post France Mulling Bitcoin Mining to Reduce Energy Waste appeared first on TheCoinrise.com .

Source: The Coin Rise