France considers using Bitcoin Mining to address nuclear power surplus: annual loss of 80 million euros seeks low-carbon mining opportunities

[Chain News] On June 16, it was reported that a group of lawmakers in France are advocating for a nationwide review to study how Bitcoin mining could help address the ongoing problem of electricity production surplus in the country. The proposal was submitted to the French National Assembly on June 12, urging the government to explore whether the energy-intensive mining process of Bitcoin could be used to absorb surplus electricity, particularly from nuclear power plants, which are the primary source of electricity in France. Nuclear power generation accounts for over 70% of France’s energy, with an estimated loss of 80 million euros in 2024 due to electricity waste. The proposal points out that Bitcoin mining farms could serve as flexible electricity units that can be quickly turned on and off to balance the grid load, while also utilizing abandoned industrial sites and recovering waste heat. The proposal calls for the government to assess the feasibility of establishing a regulated low-carbon mining industry, believing that this move could stabilize the energy market while also creating job opportunities.