A digital asset
investment fund
Viska is an alternative investment fund based in Iceland that invests in digital assets.
Viska is an alternative investment fund based in Iceland that invests in digital assets.
Switzerland continues to lead as a global hub for innovation. The Swiss Parliament of Canton of Bern, one of the 26 cantons in the country has approved a study on Bitcoin mining to balance energy use and boost the economy, with a decisive vote of 85 to 46. This initiative highlights Switzerland’s proactive approach to leveraging cutting-edge technologies to address real-world challenges.
Image via X by Samuel Kullmann of the vote taking place in the parliament of Canton Bern.
Bitcoin miners can utilize excess electricity—energy that would otherwise go to waste due to grid inefficiencies or lack of storage solutions. By converting surplus energy into a productive use case, Bitcoin mining can contribute to grid stability and sustainability.
The proposal was co-sponsored by the Green Liberal Party, Swiss People's Party, and Center Party— approved on 28.11.24.
This move signals Switzerland’s open-minded approach toward Bitcoin and digital assets as tools for economic growth and innovation. While this effort is more localized at the moment— by acknowledging the potential of Bitcoin mining, Switzerland’s Canton of Bern demonstrates a progressive stance in addressing the global energy narrative surrounding cryptocurrency.
The study’s findings could pave the way for other nations or cantons to explore similar strategies, setting a precedent for environmentally conscious and economically beneficial Bitcoin mining practices.
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