US Energy Department Suspends Bitcoin Mining Survey Due to Legal Action

Sunday, 25 February 2024, 18:18
The Energy Information Administration (EIA) has been compelled to pause its bitcoin mining survey due to legal issues, leading to the suspension of data collection and analysis. This unexpected turn of events has disrupted the department's ongoing efforts to understand the impact of cryptocurrency mining on energy consumption. With uncertainty surrounding the future of the investigation, stakeholders in the crypto and energy sectors await further developments.

Legal Action Halts Bitcoin Mining Survey

The Energy Information Administration (EIA), facing legal challenges, has decided to suspend its bitcoin mining survey and has isolated existing data.

Temporary Pause and Data Quarantine

The EIA's survey on cryptocurrency mining has been temporarily halted, pending resolution of legal issues. The department has taken steps to safeguard the integrity of the data already collected.

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