A proposal to utilize surplus energy from France’s nuclear facilities for Bitcoin mining is garnering support from the Rassemblement National (RN) party.
Marine Le Pen, leader of the RN, publicly endorsed the initiative during a visit to the Flamanville nuclear power station on March 11.
This marks a shift from her 2016 stance, where she cautioned that digital currencies could concentrate financial power within global institutions, diminishing citizens’ control.
Did you know?
Subscribe – We publish new crypto explainer videos every
week!
What Are Crypto Quests? EASIEST Ways to Earn Rewards Explained
Aurélien Lopez-Liguori, a member of parliament from RN, has formally presented the proposal. The plan entails deploying
Bitcoin mining infrastructure at facilities operated by Électricité de France (EDF), the national power company.
Lopez-Liguori emphasized the importance of utilizing excess electricity instead of letting it go to waste, suggesting that converting surplus energy into Bitcoin could yield tangible advantages.
France’s nuclear energy sector frequently produces more electricity than is immediately needed. The RN party views
Bitcoin mining as a viable method for absorbing this unused power.
However, Jean-Philippe Tanguy, the RN’s financial spokesperson, voiced reservations, stating that the party should prioritize
supporting centralized financial systems and expressing concerns that promoting decentralized digital currencies like Bitcoin might conflict with the RN’s core principles.
Separately, residents in Granbury, Texas, have reported persistent noise issues stemming from a nearby Bitcoin mining operation owned by MARA Holdings. Want to know more?
Discover
the details here.
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written
scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II
era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and
struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content,
as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and
anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform
the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple
established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends,
and looking for the next supernova.