By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
News.ngNews.ng
  • Home
  • World
  • Business
  • Entertainment
  • Politics
  • Sports
Search

Archives

  • December 2025
  • November 2025
  • October 2025
  • September 2025
  • August 2025
  • July 2025
  • June 2025
  • May 2025
  • April 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • August 2024
  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024
  • January 2024
  • December 2023
  • November 2023
  • October 2023
  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022

Categories

  • Business
  • Celebrities
  • Crypto News
  • Education
  • Entertainment
  • Finance
  • Health
  • Lifestyle
  • News
  • Politics
  • Sponsored
  • Sports
  • Tech
  • Technology
  • Video
  • World
© 2022 News Network. All Rights Reserved.
Reading: Lawmakers Push for Bitcoin Mining to Absorb France’s Excess Power
Share
Notification Show More
Latest News
Salah’s Future in Doubt as Breakdown With Arne Slot Reaches Breaking Point
Salah’s Future in Doubt as Breakdown With Arne Slot Reaches Breaking Point
Sports News
Villa Shock Arsenal, Man City Cruise Past Sunderland in Weekend Premier League Action
Villa Shock Arsenal, Man City Cruise Past Sunderland in Weekend Premier League Action
Sports News
US Tech Firms Exposed as North Korean Operatives Pose as Remote Developers
US Tech Firms Exposed as North Korean Operatives Pose as Remote Developers
Crypto News News
NGX Market Cap Surpasses ₦84 Trillion as Investors Eye Earnings
361.6m Shares Traded as NGX Wraps Up Friday on a High
Finance News
Africa Braces for Fierce Battles After 2026 World Cup Group Draw
Africa Braces for Fierce Battles After 2026 World Cup Group Draw
Sports News
Aa
News.ngNews.ng
Aa
  • Home
  • World
  • Business
  • Entertainment
  • Politics
  • Sports
Search
  • Home
  • World
  • Business
  • Entertainment
  • Politics
  • Sports
Follow US
© 2022 News Network. CMG Ltd. All Rights Reserved.
Crypto NewsNews

Lawmakers Push for Bitcoin Mining to Absorb France’s Excess Power

Abdulafeez Olaitan
Last updated: 2025/06/16 at 10:09 PM
Abdulafeez Olaitan
Share
2 Min Read
Bitcoin mining stocks gain favor as energy policies drive new investments
SHARE

French lawmakers are exploring the idea of using Bitcoin mining to help manage excess electricity produced by the country’s nuclear energy sector. 

A new legislative proposal submitted to the National Assembly calls for an official study into how Bitcoin mining could be integrated into France’s national energy infrastructure as a strategic tool for handling surplus electricity.

France currently generates over 70% of its electricity from nuclear power, making it one of the world’s leading producers of low-carbon energy. However, this advantage often results in energy overproduction, leading to economic losses. 

Raphaël Bloch, co-founder of the French crypto media outlet The Big Whale, recently estimated that France lost around €80 million worth of unused electricity in 2024 alone. Lawmakers backing the proposal argue that Bitcoin mining could convert this otherwise wasted energy into economic value.

The proposal describes Bitcoin mining as a flexible and adaptable energy consumer that could support grid stability while reducing strain on nuclear plants. By quickly scaling mining activity up or down depending on available energy, mining centres could absorb excess production and reduce the need for disruptive power adjustments. 

Lawmakers also suggest repurposing abandoned industrial facilities as mining sites, with the added benefit of recovering and reusing the heat generated by mining to serve nearby communities and businesses.

If approved, the proposal would mark a significant shift in how France views Bitcoin mining—from a controversial activity to a potential pillar of its energy strategy. Advocates believe it could align with national decarbonization goals while also driving innovation, economic activity, and job creation in underutilised areas.

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share this Article
Facebook Twitter Whatsapp Whatsapp Telegram Copy Link Print
Share
Posted by Abdulafeez Olaitan
Abdulafeez Olaitan is a communication specialist with quality experience in digital media as a writer, journalist and editor. He has been nominated for the Rhysling Award, Pushcart Prize and Best of the Net Award. Contact: Abdulafeez.Olaitan [at] news.ng
Previous Article WhatsApp Unveils Ads in Status, New Channels in Feature Shake-Up WhatsApp Unveils Ads in Status, New Channels in Feature Shake-Up
Next Article Solana, Cardano Clash Over Bitcoin Reserves Solana, Cardano Clash Over Bitcoin Reserves

Latest News

Salah’s Future in Doubt as Breakdown With Arne Slot Reaches Breaking Point
Salah’s Future in Doubt as Breakdown With Arne Slot Reaches Breaking Point
Villa Shock Arsenal, Man City Cruise Past Sunderland in Weekend Premier League Action
Villa Shock Arsenal, Man City Cruise Past Sunderland in Weekend Premier League Action
US Tech Firms Exposed as North Korean Operatives Pose as Remote Developers
US Tech Firms Exposed as North Korean Operatives Pose as Remote Developers
NGX Market Cap Surpasses ₦84 Trillion as Investors Eye Earnings
361.6m Shares Traded as NGX Wraps Up Friday on a High
//

We influence millions of users and are the leading news network in Nigeria.

More About News.ng

  • About
  • Contact
  • Advertise
  • Ethics Policy
  • Careers

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

News.ngNews.ng
Follow US

© 2022 News Network. All Rights Reserved.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?