Summary
The US Energy Information Administration (EIA) plans to survey commercial cryptocurrency miners to understand their electricity consumption. The survey, authorized by the Office of Management and Budget, aims to collect data on energy use from miners and analyze the energy implications of cryptocurrency mining activities in the US. The EIA will also open a public comment period on the collection of miners’ energy use data. Lawmakers have previously called for crypto miners to disclose their emissions and energy use.
Key Points
1) The US Energy Information Administration is conducting a survey to understand the electricity consumption of commercial cryptocurrency miners. The survey was authorized by the Office of Management and Budget on Jan. 26.
2) The EIA will also open a public comment period on the collection of crypto miners’ energy use data, although the timing and deadline for the comment period are not specified.
3) The EIA aims to analyze and report on the energy implications of cryptocurrency mining activities in the United States, focusing on the evolving energy demand, geographic areas of high growth, and sources of electricity used for mining.