EIA’s Bitcoin Miner Survey on Hold as Lawsuit Forces Temporary Suspension, Reveals Court Document
Washington, D.C. – The Energy Information Administration (EIA) is temporarily suspending its survey on bitcoin miners following a lawsuit, according to court documents. This move comes as the EIA faces legal action over its attempt to gather information on energy consumption by bitcoin mining operations in the United States. Bitcoin mining, the process by which new bitcoins are created and transactions are verified, requires substantial amounts of energy. Concerns over the environmental impact of this energy-intensive activity have led to increased scrutiny from regulators and environmental activists. The EIA, a federal agency responsible for collecting … Read more