What to know:

A group of French legislators is drafting a law to allow the use of surplus electricity from nuclear power plants to mine bitcoin.

One MP described it as a "secure and extremely profitable solution".

This concept isn't new, as other countries and companies are already exploring similar initiatives.

A group of French lawmakers is preparing a draft law that would enable the use of surplus electricity from nuclear power plants to mine bitcoin according to recent public statements.

The proposal would install mining hardware at facilities owned by state utility Électricité de France (EDF), according to news outlet Le Monde. The process would take advantage of surplus energy generated by these nuclear power plants.