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Viewpoint: Bitcoin Is Becoming a Key Player in the Global Energy Debate

BlockBeats News, March 5th, MEXC Chief Operating Officer Vugar Usi Zade stated that as governments around the world gradually "weaponize" the energy market, Bitcoin is evolving rapidly from its original neutral technical protocol into a strategic asset with geopolitical significance.


More and more countries are currently leveraging excess energy to develop Bitcoin mining and are considering hash rate as a new form of national soft power. For example, the United States, relying on its advantage in renewable energy, currently controls about 37% of the global hash rate, and Russia about 16%; France is researching the use of excess nuclear energy for mining, while countries like Ethiopia, Norway, and Iceland are attracting mining investments based on hydropower and geothermal resources.


Vugar believes that against the backdrop of some countries establishing strategic Bitcoin reserves and supporting their domestic mining industry, Bitcoin is gradually transitioning from a "cyberpunk experiment" to an industrial policy tool at the national level. In the future, those who can translate their energy advantage into hash rate and Bitcoin reserves may gain greater financial influence in the new global resource competition.

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