The French government is looking to direct all its excess electricity to its Bitcoin
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mining sector.
As a result, they have developed a 5-year Bitcoin mining plan that is expected to generate annual revenue of up to $150 million from the industry.
The proposed bill has been submitted to the French National Assembly.
Benefits of Bitcoin Mining
The bill contained details of a five-year pilot program that will allow electricity producers to redirect excess power to the Bitcoin mining industry.
Previously, this excess electricity was often wasted, especially during periods of low grid demand. To substantiate their plan, the lawmakers sponsoring the
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