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Dennis Porter, the CEO of a non-profit, Satoshi Action Fund, has notified the crypto community that Bitcoin miners across the United States reportedly face pressure from the Energy Information Administration (EIA) after being sent letters requiring them to surrender sensitive data.
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In a series of statements on X, Brian Morgenstern, Head of Public Policy at Riot Platforms Inc, the second-largest Bitcoin miner in the United States by market capitalization, has openly criticized the US Energy Information Administration’s (EIA) new mandate to collect data on energy usage by miners
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The US government has set its sights on the burgeoning crypto mining industry, launching a data-gathering initiative to assess its environmental impact, particularly its energy consumption.
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Beijing has intensified its efforts to curb cryptocurrency mining, citing its excessive energy consumption and potential environmental harm.
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A recent report released by the US Energy Information Administration (EIA) has brought to light the substantial electricity consumption associated with Bitcoin mining operations within the country.
The data reveals that these operations are consuming between 0.6% to 2.