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US EIA could request bitcoin power use survey under longer timeline




By Reuters | Updated: March 2, 2024

NEW YORK, March 1 (Reuters) – The U.S. Department of Energy’s statistical arm may seek a new survey of bitcoin mining electricity use, which will include a longer approval process, after cancelling its emergency data request following a lawsuit brought by crypto miners, show court records filed on Friday.

To pursue a new survey tracking U.S. crypto-mining’s power use, the DOE’s Energy Information Administration must allow a 60-day comment period, according to an agreement between government agencies and Riot Platforms and Texas Blockchain Council, which sued to block the initial data collection effort.

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It was unclear how long launching a new survey would take.

© Thomson Reuters 2024

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