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U.S. DOE Halts Survey of Crypto Mining Energy Use After Lawsuit From Riot and Texas Blockchain Council: Report

source-logo  dailyhodl.com 26 February 2024 14:55, UTC

The U.S. Department of Energy (DOE) is reportedly stopping its survey on crypto mining energy use after being sued by two firms in the industry.

According to a new report by Reuters, the DOE has agreed to temporarily halt its probe of how much energy is used for crypto mining after Bitcoin (BTC) mining firm Riot and the Texas Blockchain Council (TBC) filed a lawsuit against it.

The Energy Information Administration (EIA) – the statistical branch of the DOE – says it will pause its rel="noopener" target="_blank">court filing, Riot and the Texas Blockchain Council say that the DOE’s efforts to collect energy data are “unlawful.”

Furthermore, the plaintiffs allege that the EIA is threatening them with criminal fines and civil penalties if they do not comply with the>announced earlier this month. At the time, Joe DeCarolis, the EIA’s Administrator, said that the government was interested in identifying areas of growth in terms of mining and finding out the energy ramifications of mining digital assets.


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