French lawmakers have submitted a new proposal to transform surplus electricity into economic value through Bitcoin mining. The bill, introduced on July 11, outlines a five-year experimental program that would allow energy producers to use excess power—particularly from nuclear and renewable sources—for mining Bitcoin. 

The initiative is designed to address France’s recurring issue of energy overproduction. Currently, electricity producers are often forced to sell surplus energy at a loss due to limited storage capabilities. “Electricity producers are often compelled to sell overproduced energy at a loss due to a lack of storage, which constitutes an ‘unacceptable…

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