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France eyes Bitcoin mining to cut energy waste and boost grid stability

France's wasted €80 million elecric power could be refit into economic gain through Bitcoin mining.

CryptoSlate

Jun 16

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Happy Monday!

France is exploring an innovative approach to transform €80 million of wasted electric power into economic value by harnessing Bitcoin mining to enhance grid stability. Meanwhile, Coinbase’s sponsorship of Trump’s military parade has reignited debate about whether crypto remains true to its anti-establishment origins. At the same time, Ethereum faces a critical juncture, with SSV Labs founder Alon Muroch highlighting a “dangerous” divergence that could shape the future of the world’s second-largest blockchain. Stay informed with today’s top crypto stories.

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The global crypto market cap is $3.37 trillion, with a 24-hour volume of $113.61 billion. The price of Bitcoin is $107,882.29, and BTC market dominance is 63.7%. The price of Ethereum is $2,636.74, and ETH market dominance is 9.4%. The best-performing sector is Debit Card, which gained 11%. The Crypto Fear & Greed Index is currently Greed (61).