EIA Launches ‘Emergency Survey’ on Crypto Mining’s Power Use Amid Concerns of Alleged ‘Public Harm’

EIA Launches ‘Emergency Survey’ on Crypto Mining’s Power Use Amid Concerns of Alleged ‘Public Harm’

The U.S. Energy Information Administration (EIA) has gained clearance from the Office of Management and Budget (OMB) to conduct an urgent survey regarding electricity usage by cryptocurrency mining firms across the U.S. The EIA submitted this request on the grounds that “public harm is reasonably likely” should standard operations persist.
Biden’s OMB Approves EIA’s Emergency Survey on Crypto Mining Energy Impact
The Biden administration’s Office of Management and Budget (OMB) has greenlit the Energy Information Administration (EIA) of the U.S. government to initiate a survey among mining enterprises. Starting next week, the EIA aims to gather information from specified commercial crypto mining companies, mandating their cooperation in disclosing energy consumption details. The authorization for this emergency data collection request was granted by the OMB on Jan. 26, 2024. Additionally, the EIA plans to invite public feedback regarding the data gathering on the energy usage

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