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The Swiss canton of Bern has approved a bill to study Bitcoin mining as a method to utilize excess electricity, aiming to attract mining companies. Despite local government concerns about energy consumption and regulatory challenges, the legislation mandates a report on how Bitcoin mining can stabilize the grid and leverage surplus energy. Switzerland's favorable conditions, including abundant hydropower and a cool climate, position it as a potential hub for mining operations.
Linthal mining company
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switzerland explores bitcoin mining to utilize excess energy resources
22:31 28.11.2024
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