EIA Withdraws Emergency Bitcoin Mining Survey After Legal Pushback
The Energy Information Administration has dropped its emergency survey on U.S. Bitcoin miners' energy use, following a court challenge led by the Texas Blockchain Council and industry partners.
- The EIA's emergency survey aimed to collect data on the energy use of U.S. Bitcoin mining companies, citing concerns over environmental impact and grid stability.
- The survey was criticized for its complexity, potential exposure of sensitive information, and lack of evidence supporting the emergency claim.
- A temporary restraining order was granted against the EIA, leading to the withdrawal of the survey and the destruction of any collected data.
- The decision to drop the survey has been hailed as a victory for the cryptocurrency mining industry and a stand against government overreach.
- Future attempts to survey cryptocurrency miners will require proper notice and comment procedures, ensuring public input on the survey’s scope.