The U.S. Energy Information Administration (EIA) has been accused of “federal overreach” and abuse of power after it was announced that it would be authorized to collect regular energy usage data from cryptocurrency miners, Bloomberg reports. has been done.
In an emergency request approved by the Office of Management and Budget (OMB) last week, the EIA asked commercial cryptocurrency miners to Allowed to request to share details of energy usage.
The approval comes after the EIA claimed that the combination of a severe freeze in the United States and an increase in cryptocurrency mining activity due to rising Bitcoin prices could cause “increased electricity market uncertainty.” recognized as a problem.
The request also asserted that:There is a significant likelihood that harm to the public will occur if normal clearance procedures are followed.”
But despite these claims, the move has drawn strong criticism from two groups in particular.
Texas Blockchain Council President Lee Bratcher and Digital Chamber of Commerce Principal Executive Perrianne Bowling said in a statement that the EIA’s emergency action amounts to federal overreach and relies on data centers to operate. It affects all industries.”
They say this move ispolitically motivated to help the White House achieve its goals This is to reduce greenhouse gas emissions. ”
Read more: Europol says suspected crypto miners made millions of dollars in stolen electricity
In response, EIA stated the following: “We have conducted dozens of surveys of energy producers and consumers, some of which we have been conducting for decades. We look forward to working together to provide Americans with a clear understanding of their energy use.”
According to EIA, by 2023, crypto mining will be Responsible for up to 2.3% of total electricity usage in the United States.
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