Summary
The crypto mining industry is pushing back against the Energy Information Administration’s request for data through legal action, calling it invasive. The Texas Blockchain Council and Riot Platforms filed a complaint in federal court to stop the EIA from collecting information. The EIA’s survey could harm miners by revealing confidential data and bypassed federal statutes. Some miners, like Stronghold Digital Mining, are cooperating with the survey, but others feel unfairly targeted. The survey lacks important questions about the impact and benefits of mining operations.
Key Points
1. The crypto mining industry is taking legal action against the Energy Information Administration’s request for data, which they view as invasive government data collection.
2. The Texas Blockchain Council and Riot Platforms have filed a complaint in federal court, arguing that the EIA’s survey requesting information on electricity consumption and other data is unauthorized and could cause harm to miners.
3. The EIA survey has sparked controversy and pushback from various parties, including lawmakers, with some viewing it as a political move to unfairly target and discriminate against the crypto mining industry.