Close Menu
Altcoin ObserverAltcoin Observer
  • Regulation
  • Bitcoin
  • Altcoins
  • Market
  • Analysis
  • DeFi
  • Security
  • Ethereum
Categories
  • Altcoins (1,459)
  • Analysis (1,642)
  • Bitcoin (2,231)
  • Blockchain (1,320)
  • DeFi (1,543)
  • Ethereum (1,511)
  • Event (56)
  • Exclusive Deep Dive (1)
  • Landscape Ads (2)
  • Market (1,586)
  • Press Releases (2)
  • Reddit (881)
  • Regulation (1,482)
  • Security (2,110)
  • Thought Leadership (3)
  • Videos (41)
Hand picked
  • After a 7,500% run on Bitcoin, Metaplanet is “set to win in the long term,” says expert
  • Kraken rising: # 2 in the ranking of Kaiko T2 2025 exchanges
  • “ We are back, baby ” – The analyst returns Haussier on Solana (ground), clues on altcoins outperforming Bitcoin (BTC)
  • Is the new Polygon blockchain explained: is Katana Crypto’s Binances the next?
  • How to identify undervalued cryptocurrencies before pumping
We are social
  • Facebook
  • Twitter
  • Instagram
  • YouTube
Facebook X (Twitter) Instagram
  • About us
  • Disclaimer
  • Terms of service
  • Privacy policy
  • Contact us
Facebook X (Twitter) Instagram YouTube LinkedIn
Altcoin ObserverAltcoin Observer
  • Regulation
  • Bitcoin
  • Altcoins
  • Market
  • Analysis
  • DeFi
  • Security
  • Ethereum
Events
Altcoin ObserverAltcoin Observer
Home»Analysis»Swiss Lawmakers to Study Bitcoin for Power Grid Upgrade
Analysis

Swiss Lawmakers to Study Bitcoin for Power Grid Upgrade

November 28, 2024No Comments2 Mins Read
Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
A Deep Dive Into Cryptos Cure For The Texas Power Grid.jpg
Share
Facebook Twitter LinkedIn Pinterest Email



Swiss policymaker Samuel Kullmann secured a large majority vote for a study on Bitcoin mining aimed at optimizing local electricity infrastructure.

According to Bitcoin (BTC) advocate Dennis Porter, Kullmann’s proposal was adopted on November 28 and could steer Switzerland towards BTC adoption.

Bitcoin Policy will now explore how the world’s largest decentralized proof-of-work blockchain can stabilize the Swiss energy grid and “utilize otherwise wasted energy.” Kullmann’s proposal was adopted by 85 votes to 46 in the Swiss Parliament.

The Swiss journey to Bitcoin

The politics around Bitcoin in Switzerland come as no surprise, as the BTC halving has generated enormous interest from Swiss citizens. Zurich, Switzerland’s largest city, ranked top in BTC searches halved on Google, crypto.news reported in April.

Despite the approval of spot BTC exchange-traded funds in the United States months ago, Europe dominated Google’s queries for information on the trillion-dollar cryptocurrency and its code changes. The BTC mining reward is reduced by 50% every four years to maintain scarcity and contain inflation.

Last August, financial documents revealed that the Swiss Central Bank had purchased MicroStrategy shares. As the largest holder of BTC with a treasury of $35 billion, purchasing MSTR can provide investors with indirect exposure to the trending digital asset.

Global Adoption

BTC policy has accelerated around the world in 2024, coinciding with growing global inflation concerns and greater institutional demand for BTC. Lawmakers in the United States and Brazil have both proposed creating strategic national BTC reserves.

Vancouver Mayor Ken Sim has also advocated for diversifying the city’s investments by holding BTC on its sovereign balance sheet. Companies around the world have allocated millions of dollars to BTC treasuries, following the model established by Michael Saylor’s software giant.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleProCap concludes another successful summit in Hoi An, Vietnam
Next Article Metamask Co-Founder Launches Consent Token on Solana and Base

Related Posts

Analysis

Is the new Polygon blockchain explained: is Katana Crypto’s Binances the next?

July 1, 2025
Analysis

Bitcoin erases the path to $ 140,000, Bitfinex analysts in Crossroads

July 1, 2025
Analysis

Cardano (ADA) laterally – intact support, but no spark for a movement

July 1, 2025
Add A Comment
Leave A Reply Cancel Reply

Single Page Post
Share
  • Facebook
  • Twitter
  • Instagram
  • YouTube
Featured Content
Event

Philippine Blockchain Week 2025 Welcomes Global Web3 Trailblazers to Manila

June 9, 2025

Manila, Philippines – June 9, 2025 — As Philippine Blockchain Week (PBW) 2025 returns for…

Event

ETHMilan 2025 Returns With a Stellar Line-Up at One of Milan’s Most Iconic Venues

June 5, 2025

Milan, Italy – Mark your calendars! ETHMilan, Italy’s largest international Ethereum and Web3 conference, is…

1 2 3 … 49 Next
  • Facebook
  • Twitter
  • Instagram
  • YouTube

“ We are back, baby ” – The analyst returns Haussier on Solana (ground), clues on altcoins outperforming Bitcoin (BTC)

July 1, 2025

The German banking giant Sparkassen to launch bitcoin, the exchange of ether in banking applications by 2026

July 1, 2025

ChainLink Ace is online while Link approaches the breakdown zone from $ 14 to $ 16

July 1, 2025
Facebook X (Twitter) Instagram LinkedIn
  • About us
  • Disclaimer
  • Terms of service
  • Privacy policy
  • Contact us
© 2025 Altcoin Observer. all rights reserved by Tech Team.

Type above and press Enter to search. Press Esc to cancel.

bitcoin
Bitcoin (BTC) $ 106,046.41
ethereum
Ethereum (ETH) $ 2,424.75
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 2.19
bnb
BNB (BNB) $ 646.52
solana
Solana (SOL) $ 147.39
usd-coin
USDC (USDC) $ 1.00
tron
TRON (TRX) $ 0.278681
dogecoin
Dogecoin (DOGE) $ 0.159461
staked-ether
Lido Staked Ether (STETH) $ 2,423.43