BlockNews
FOLLOW ON X
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • SUI
    • CHAINLINK
    • LITECOIN
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • OPINION
No Result
View All Result
BlockNews
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • SUI
    • CHAINLINK
    • LITECOIN
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • OPINION
No Result
View All Result
BlockNews
Home CRYPTO

U.S. Energy Department Backtracks on Bitcoin Mining ‘Emergency’ Survey

Conie by Conie
March 1, 2024
in CRYPTO
Share on XShare in TelegramShare on Reddit
  • The U.S. Energy Information Administration (EIA) launched an emergency survey to gather data on Bitcoin mining energy use, but faced pushback from the industry who argued it was unreasonable.
  • Bitcoin miners and industry groups like the Texas Blockchain Council sued the EIA, saying the expansive survey overstepped by demanding extensive data with threats of fines.
  • The EIA has now halted its emergency Bitcoin mining survey, admitting it should have followed proper public comment processes. This is a major win for the mining industry against government overreach.

The U.S. Energy Information Administration (EIA) has halted its emergency Bitcoin mining energy survey after pushback from the industry. This is a win for Bitcoin miners who argued the survey overstepped.

The EIA launched an emergency survey in January to gather data on the energy use of U.S. Bitcoin mining companies. But the industry fought back, arguing the survey was unreasonable. Now the EIA is backing down.

Miners Object to Survey’s Scope

The survey would have forced mining firms to submit extensive data on electricity consumption. This included details on the number of facilities, locations, power sources, and blockchain types. Firms faced criminal fines for refusing to comply.

The EIA claimed the survey was urgent to assess Bitcoin’s environmental impact. But miners said it went too far. The Texas Blockchain Council and Riot Blockchain sued the EIA for overreach.

JUST IN: 🇺🇸 US Energy Department cancels its survey of #Bitcoin miners following the lawsuit filed by Riot Platforms and Texas Blockchain Council 🚀

— BlockNews.com (@blocknewsdotcom) March 1, 2024

Victory for the Miners

On February 26th, the EIA confirmed it has ditched the emergency survey plans. The agency admitted it should have followed standard public comment processes.

Going forward, the EIA will have to be more transparent about data requests. This is a major win for the mining industry in defending its interests.

The Road Ahead

While miners support reasonable data sharing, this survey crossed the line. The industry continues to make strides in transparency around energy use. With the right approach, miners and regulators can find common ground. But the EIA learned its lesson—progress will come through cooperation, not coercion.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: BitcoinBlockchaincrypto
TweetShareShare
Conie

Conie

Conie is a Web3 enthusiast, an experienced creative writer, and a passionate gamer. With her ability to fuse innovation with imagination, she brings a distinctive perspective to each piece she writes, delving into the ever-changing territories of the digital world, storytelling, and virtual adventures.

DON'T MISS THESE! HOT OFF THE PRESS

Peter Schiff Says Strategy Underperformed Despite Bitcoin Bet — Here Is Why the Claim Is Being Challenged
BITCOIN

Peter Schiff Says Strategy Underperformed Despite Bitcoin Bet — Here Is Why the Claim Is Being Challenged

December 29, 2025
XRP Eyes a Possible Comeback After a Turbulent 2025 — Here Is What Could Drive a Move Back to $3
CRYPTO

XRP Eyes a Possible Comeback After a Turbulent 2025 — Here Is What Could Drive a Move Back to $3

December 29, 2025
BlackRock Moves $192M in Bitcoin to Coinbase as ETF Outflows Deepen – Here Is What We Know
BITCOIN

BlackRock Moves $192M in Bitcoin to Coinbase as ETF Outflows Deepen – Here Is What We Know

December 29, 2025
Ripple CTO Acknowledges Cardano’s Midnight as Privacy Narrative Gains Momentum – Here Is Why It Matters
CARDANO

Ripple CTO Acknowledges Cardano’s Midnight as Privacy Narrative Gains Momentum – Here Is Why It Matters

December 29, 2025
Bitmine Doubles Down on Ethereum Accumulation as Year-End Selling Pressures Build – Here Is Why It’s Notable
CRYPTO

Bitmine Doubles Down on Ethereum Accumulation as Year-End Selling Pressures Build – Here Is Why It’s Notable

December 29, 2025
Strategy Adds 1,229 Bitcoin as Holdings Near 672,500 BTC – Here Is What Comes Next
BITCOIN

Strategy Adds 1,229 Bitcoin as Holdings Near 672,500 BTC – Here Is What Comes Next

December 29, 2025
Load More

Related News

Peter Schiff Says Strategy Underperformed Despite Bitcoin Bet — Here Is Why the Claim Is Being Challenged

Peter Schiff Says Strategy Underperformed Despite Bitcoin Bet — Here Is Why the Claim Is Being Challenged

December 29, 2025
Gold Suffers Sharp Breakdown as Selling Accelerates Into Year-End – Here Is Where Prices Could Be Headed Next

Gold Suffers Sharp Breakdown as Selling Accelerates Into Year-End – Here Is Where Prices Could Be Headed Next

December 29, 2025
XRP Eyes a Possible Comeback After a Turbulent 2025 — Here Is What Could Drive a Move Back to $3

XRP Eyes a Possible Comeback After a Turbulent 2025 — Here Is What Could Drive a Move Back to $3

December 29, 2025
Silver Crashes Over 15% After Record Run as Margin Hike Triggers Selloff – Here Is What Shook the Market

Silver Crashes Over 15% After Record Run as Margin Hike Triggers Selloff – Here Is What Shook the Market

December 29, 2025
BlackRock Moves $192M in Bitcoin to Coinbase as ETF Outflows Deepen – Here Is What We Know

BlackRock Moves $192M in Bitcoin to Coinbase as ETF Outflows Deepen – Here Is What We Know

December 29, 2025
Twitter Telegram Threads

BLOCKNEWS.COM

BlockNews is your premier source for real-time cryptocurrency, blockchain, political and financial market news.

Stay ahead of the herd with BlockNews

RESOURCES

  • About Us
  • Contact Us
  • Editorial Policies
  • Terms and Conditions
  • Privacy Policy
  • Sitemap

DISCLOSURES AND POLICIES

BlockNews provides independent reporting on crypto, blockchain, and digital finance. Content is for informational purposes only and does not constitute financial advice. Sponsored material is always disclosed. By using this site, you agree to our Terms and Conditions and Privacy Policy.

© 2025 BlockNews

No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • LITECOIN
    • CHAINLINK
    • SUI
  • MEMECOINS
  • POLITICS
  • FINANCE
  • NFT
  • DEFI
  • GUIDES

© 2025 BlockNews