Swiss Canton Passes Bill Exploring Bitcoin Mining With Surplus Energy
It was passed by Samuel Kullmann, a member of the Swiss canton of Bern. legislation Exploring Bitcoin (BTC) mining as a potential solution to address surplus electricity production in the region.
Lawmakers have directed the Commission to prepare a comprehensive report on how Bitcoin mining can utilize unused energy and contribute to stabilizing the power grid.
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Kullman famous The bill passed with 85 votes in favor and 48 against, and we thank Dennis Porter and Julian Liniger for their educational efforts. Porter is the CEO and founder of the Satoshi Action Fund, while Liniger is the CEO of Bitcoin storage app Relai.
The motion, spearheaded by the bipartisan “Bitcoin Congressional Group,” reflects growing interest in positioning the region as a forward-thinking hub in the evolving financial landscape.
Advocates argue that embracing Bitcoin mining could provide economic and technological advantages while making better use of renewable energy resources. The report aims to identify areas in Bern where electricity production exceeds local consumption and explore partnerships with Swiss Bitcoin mining companies to leverage the surplus.
Proponents also seek analysis of how Bitcoin mining could support grid stability, especially during periods of fluctuating energy supply.
Bitcoin mining relies on an energy-intensive proof-of-work consensus algorithm, which is key to the asset’s scarcity and decentralization.
The bill cites global examples like Texas showing how Bitcoin miners can act as flexible energy consumers, stabilizing the grid and preventing energy waste during periods of oversupply.
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However, the paper also highlights some challenges to this effort. The Commission noted that most Bitcoin mining occurs offshore due to highly competitive global energy markets and the cloud-based nature of the activity.
In Switzerland, increased electricity demand from data centers, electric vehicles and urbanization is already straining the power grid. additionallyThe Commission highlighted concerns about potential price increases and competition from other sectors for renewable energy.
The committee also emphasized that cryptocurrencies such as Bitcoin are not legal tender in Switzerland and deviate from traditional monetary policy, raising regulatory concerns.
From the council’s perspective, market conditions should determine energy allocation, with storage technologies responsible for absorbing energy surpluses rather than state intervention. It concluded that Bitcoin mining was more relevant as an international rather than local issue and recommended that the proposal be rejected.
Despite reservations, the motion was approved and sparked widespread debate about the role of cryptocurrencies in sustainable energy use. Proponents see Bitcoin mining as a way to stimulate investment, create jobs, and unlock the potential of renewable energy.
