Bern Embraces Bitcoin Mining to Harness Surplus Power and Stabilize Energy Grid
November 28, 2024
The canton of Bern, Switzerland, has recently passed legislation to explore Bitcoin mining as a means to utilize surplus electricity and stabilize the energy grid.
The Executive Council is tasked with preparing a report on how Bitcoin mining can leverage unused energy and work with local mining companies.
Samuel Kullmann, a Grand Council member, highlighted that the proposal's approval reflects a changing attitude towards Bitcoin, overcoming initial fears and uncertainties.
Advocates argue that Bitcoin mining could provide economic benefits, enhance the use of renewable energy, and contribute to grid stability during energy fluctuations.
The bill, introduced by Samuel Kullmann, received overwhelming bipartisan support, passing with 85 votes in favor and 46 against.
Dennis Porter, co-founder of the Satoshi Action Fund, played a crucial role in drafting the proposal and has been active in similar legislative efforts in the U.S.
This initiative is seen as a positive regulatory shift for the cryptocurrency sector, especially in contrast to Germany's recent decision to sell a significant amount of Bitcoin.
The motion represents a significant step in integrating cryptocurrency technology into regional energy management policies.
Legislation draws inspiration from Texas, where Bitcoin miners have effectively stabilized electricity grids by acting as flexible energy consumers.
Following the bill's approval, the Cantonal Government will conduct a feasibility study to evaluate energy availability, environmental impacts, and regulatory considerations for Bitcoin mining.
The findings from the study may lead to the development of policies aimed at facilitating responsible Bitcoin mining practices.
This legislative move enhances Switzerland's reputation as a leading crypto-friendly country, with cities like Lugano and Zug at the forefront of the blockchain movement.
Summary based on 7 sources
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Sources

Cointelegraph • Nov 28, 2024
Swiss canton of Bern votes to study Bitcoin mining feasibility
Crypto Briefing • Nov 28, 2024
Switzerland’s Canton of Bern approves proposal to explore Bitcoin mining as solution to energy waste
Bitcoinist.com • Nov 29, 2024
Switzerland Approves Bitcoin Mining Probe By Landslide Decision - Details | Bitcoinist.com