{"id":101898,"date":"2024-11-28T17:57:18","date_gmt":"2024-11-28T21:57:18","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=101898"},"modified":"2024-11-28T17:59:11","modified_gmt":"2024-11-28T21:59:11","slug":"canton-bern-approves-bill-to-study-btc-mining","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/canton-bern-approves-bill-to-study-btc-mining\/","title":{"rendered":"Switzerland\u2019s Canton Bern Approves Bill to Study Bitcoin Mining Impact"},"content":{"rendered":"\n<p>With the growing clamor surrounding national <a href=\"https:\/\/coinscreed.com\/staging\/nomura-bank-launches-bitcoin-adoption-fund.html\" target=\"_blank\" data-type=\"post\" data-id=\"59684\" rel=\"noreferrer noopener\">Bitcoin adoption<\/a>, Canton Bern's lawmakers has\u00a0moved to explore how mining may benefit\u00a0power grid.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/11\/Switzerlands-Canton-Bern-Approves-Bill-to-Study-Bitcoin-Mining-Impact-1024x683.jpg\" alt=\"Switzerland\u2019s Canton Bern Approves Bill to Study Bitcoin Mining Impact\" class=\"wp-image-101901\" srcset=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/11\/Switzerlands-Canton-Bern-Approves-Bill-to-Study-Bitcoin-Mining-Impact-1024x683.jpg 1024w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/11\/Switzerlands-Canton-Bern-Approves-Bill-to-Study-Bitcoin-Mining-Impact-300x200.jpg 300w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/11\/Switzerlands-Canton-Bern-Approves-Bill-to-Study-Bitcoin-Mining-Impact-768x512.jpg 768w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/11\/Switzerlands-Canton-Bern-Approves-Bill-to-Study-Bitcoin-Mining-Impact-330x220.jpg 330w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/11\/Switzerlands-Canton-Bern-Approves-Bill-to-Study-Bitcoin-Mining-Impact-420x280.jpg 420w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/11\/Switzerlands-Canton-Bern-Approves-Bill-to-Study-Bitcoin-Mining-Impact-615x410.jpg 615w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/11\/Switzerlands-Canton-Bern-Approves-Bill-to-Study-Bitcoin-Mining-Impact-860x573.jpg 860w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/11\/Switzerlands-Canton-Bern-Approves-Bill-to-Study-Bitcoin-Mining-Impact.jpg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>Lawmakers in Switzerland's Canton of Bern have made history by approving a bill to investigate the effects of Bitcoin mining in the region. <\/p>\n\n\n\n<p>Following months of bipartisan efforts to encourage adoption, the bill passed with a significant majority, further solidifying <a href=\"https:\/\/coinscreed.com\/staging\/switzerland-approves-its-first-cryptocurrency-fund.html\" target=\"_blank\" data-type=\"post\" data-id=\"11219\" rel=\"noreferrer noopener\">Switzerland\u2019s reputation<\/a> as one of the EU's most crypto-friendly nations.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Bitcoin Mining and Energy Evaluation<\/h2>\n\n\n\n<p>As Member of Parliament Samuel Kullman shared, the bill received strong support, with 85 lawmakers voting in favor and 46 opposing.<\/p>\n\n\n\n<p>With its approval, the Canton Bern parliament now calls for a report assessing Bitcoin mining\u2019s potential to stabilize the regional energy grid. The report will also evaluate mining\u2019s role in utilizing wasted energy.<\/p>\n\n\n\n<p><a href=\"https:\/\/x.com\/samuelkullmann\/status\/1862080796569309352\" target=\"_blank\" rel=\"noreferrer noopener\">Rep. Kullman<span class=\"wpil-link-icon\" title=\"Link goes to external site.\" style=\"margin: 0 0 0 5px;\"><svg width=\"24\" height=\"24\" style=\"height:16px; width:16px; fill:#000000; stroke:#000000; display:inline-block;\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:svg=\"http:\/\/www.w3.org\/2000\/svg\"><g id=\"wpil-svg-outbound-7-icon-path\" fill=\"none\" clip-path=\"url(#clip0_31_188)\">\r\n                            <path d=\"M9.16724 14.8891L20.1672 3.88908\" stroke-linecap=\"round\"\/>\r\n                            <path d=\"M13.4497 3.53554L20.5208 3.53554L20.5208 10.6066\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\r\n                            <path d=\"M17.5 13.5L17.5 16.26C17.5 17.4179 17.5 17.9968 17.2675 18.4359C17.0799 18.7902 16.7902 19.0799 16.4359 19.2675C15.9968 19.5 15.4179 19.5 14.26 19.5L7.74 19.5C6.58213 19.5 6.0032 19.5 5.56414 19.2675C5.20983 19.0799 4.92007 18.7902 4.73247 18.4359C4.5 17.9968 4.5 17.4179 4.5 16.26L4.5 9.74C4.5 8.58213 4.5 8.0032 4.73247 7.56414C4.92007 7.20983 5.20982 6.92007 5.56414 6.73247C6.0032 6.5 6.58213 6.5 7.74 6.5L11 6.5\" stroke-linecap=\"round\"\/>\r\n                        <\/g>\r\n                        <defs>\r\n                            <clipPath id=\"clip0_31_188\">\r\n                                <rect fill=\"white\" height=\"24\" width=\"24\"\/>\r\n                            <\/clipPath>\r\n                        <\/defs><\/svg><\/span><\/a> acknowledged community members who played a vital role in educating lawmakers to ensure the bill's success.<\/p>\n\n\n\n<p>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.<\/p>\n\n\n\n<p>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.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Following Donald Trump\u2019s Lead<\/h2>\n\n\n\n<p>During his presidential campaign, <a href=\"https:\/\/coinscreed.com\/staging\/donald-trump-world-liberty-financial-kyc-launch.html\" target=\"_blank\" data-type=\"post\" data-id=\"95424\" rel=\"noreferrer noopener\">Donald Trump<\/a> proposed establishing a Strategic Bitcoin Reserve and positioning the U.S. as a leader in Bitcoin mining.<\/p>\n\n\n\n<p>While crypto proponents like Chris Giancarlo noted potential obstacles to this plan, it has inspired other nations to adopt similar approaches. <\/p>\n\n\n\n<p>El Salvador and Bhutan have actively pursued Bitcoin mining initiatives alongside the U.S. and Switzerland.<\/p>\n\n\n\n<p>Publicly traded companies have also embraced Bitcoin as a strategic reserve asset. While MicroStrategy leads in this area, firms like Metaplanet and <a href=\"https:\/\/coinscreed.com\/staging\/semler-scientific-buys-215-more-bitcoin.html\" target=\"_blank\" data-type=\"post\" data-id=\"99960\" rel=\"noreferrer noopener\">Semler Scientific<\/a> have also joined the trend.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>With the growing clamor surrounding national Bitcoin adoption, Canton Bern&#8217;s lawmakers has\u00a0moved to explore how mining may benefit\u00a0power grid. Lawmakers in Switzerland&#8217;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 [&hellip;]<\/p>\n","protected":false},"author":56,"featured_media":101901,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[754,23135,569],"class_list":["post-101898","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin-mining","tag-canton-bern","tag-switzerland"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/11\/Switzerlands-Canton-Bern-Approves-Bill-to-Study-Bitcoin-Mining-Impact.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/101898","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/56"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=101898"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/101898\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/101901"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=101898"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=101898"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=101898"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}