- The U.S. Energy Information Administration wants to survey cryptocurrency miners about their energy use and plans to publish a notice in the Federal Register this quarter to take comment on the proposed data collection.
- EIA began collecting data on crypto energy use in February under an emergency authorization from the Office of Management and Budget. The Texas Blockchain Council sued EIA for advancing the survey without a full review and, the group said, because some questions targeted proprietary data. EIA subsequently withdrew the survey and agreed to destroy any data it had collected.
- EIA’s preliminary estimates suggest that electricity used for cryptocurrency mining likely represents between 0.6% and 2.3% of total U.S. electricity consumption, Steve Harvey, senior advisor to the EIA administrator, said Wednesday in a discussion with the crypto industry. “That’s a significant piece, and suggests understanding it could be important as we go forward,” he said.
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