Key Takeaways
- Canton of Bern voted to explore Bitcoin mining for energy use.
- The motion aims to repurpose surplus energy and stabilize grids.
- The proposal received support from several political factions.
The Canton of Bern’s parliament has passed a motion to investigate Bitcoin mining as a tool for utilizing surplus energy and stabilizing electricity grids.
The proposal, introduced by the bipartisan Parliamentary Group Bitcoin on March 14, 2024, secured an 85 to 46 vote in the Grand Council, overcoming opposition from the government council.
Key areas
The motion directs the government to assess three key areas:
- Identifying regions with unused energy
- Exploring partnerships with Swiss Bitcoin mining firms
- Evaluating mining’s potential to enhance grid stability during supply fluctuations
Proponents highlight the economic benefits, including job creation and renewable energy development.
Samuel Kullmann, an EDU party member and leading advocate, celebrated the decision as a victory over skepticism.
He said:
Even though the debate was heavily influenced by classic FUD arguments and missed the point, the proposal ultimately found a clear majority.
Support for the motion came from diverse political factions, including the Swiss People’s Party and the Green Liberal Party. However, opposition raised concerns over energy consumption and competition with other industries.
The proposal draws inspiration from Texas, where Bitcoin miners have successfully collaborated with grid operators to balance supply and demand. Critics, however, continue to raise environmental concerns, citing Bitcoin mining’s energy-intensive nature.
Despite these challenges, Bern’s exploration of Bitcoin mining aims to position the canton as a hub for innovative energy solutions and economic growth.
