With the growing clamor surrounding national Bitcoin adoption, Canton Bern’s lawmakers has moved to explore how mining may benefit power grid.
Lawmakers in Switzerland’s Canton of Bern have made history by approving a bill to investigate the effects of Bitcoin mining in the region.
Following months of bipartisan efforts to encourage adoption, the bill passed with a significant majority, further solidifying Switzerland’s reputation as one of the EU’s most crypto-friendly nations.
Bitcoin Mining and Energy Evaluation
As Member of Parliament Samuel Kullman shared, the bill received strong support, with 85 lawmakers voting in favor and 46 opposing.
With its approval, the Canton Bern parliament now calls for a report assessing Bitcoin mining’s potential to stabilize the regional energy grid. The report will also evaluate mining’s role in utilizing wasted energy.
Rep. Kullman acknowledged community members who played a vital role in educating lawmakers to ensure the bill’s success.
Switzerland, already recognized as a crypto hub with high adoption rates, celebrates this milestone. While the ultimate goals of Canton Bern regarding Bitcoin mining remain unclear, the move brings positive attention to the crypto space.
This contrasts with Germany, which sold a 50,000 BTC stash earlier this year. Canton Bern marks a progressive regulatory shift for the industry by focusing on Bitcoin mining.
Following Donald Trump’s Lead
During his presidential campaign, Donald Trump proposed establishing a Strategic Bitcoin Reserve and positioning the U.S. as a leader in Bitcoin mining.
While crypto proponents like Chris Giancarlo noted potential obstacles to this plan, it has inspired other nations to adopt similar approaches.
El Salvador and Bhutan have actively pursued Bitcoin mining initiatives alongside the U.S. and Switzerland.
Publicly traded companies have also embraced Bitcoin as a strategic reserve asset. While MicroStrategy leads in this area, firms like Metaplanet and Semler Scientific have also joined the trend.
