Bitcoin Miners Halt Government Survey of Energy Use After Court Challenge Bitcoin miners have stopped a government survey of energy consumption due to a legal challenge.

A survey that was hastily launched to collect data on the energy usage of American Bitcoin mining companies has been withdrawn due to legal pressure from the industry. Last month, The Texas Blockchain Council and Riot Platforms, a prominent Bitcoin mining company, joined forces to obtain a temporary restraining order against the U.S. Energy Information Administration (EIA) over what they deemed as excessive administrative measures in carrying out the survey. The EIA announced in February that it had retracted the survey. The Texas court filing on Friday stated that the EIA would no longer continue with its emergency survey plans, relieving individuals and entities of any obligation to respond. The Texas Blockchain Council emphasized on Twitter that the EIA must now adhere to standard notice and comment procedures before considering similar requests in the future. Originally announced in late January, the EIA’s survey would have required U.S. mining companies to disclose detailed information on their electricity consumption, with the possibility of facing criminal penalties for non-compliance. The information provided included the number of facilities operated by the operators, their locations, the power sources they used, and whether they were involved with a proof-of-work or proof-of-stake blockchain. The EIA attempted to expedite the survey by labeling it as an emergency action, suggesting that not doing so could potentially harm the public. The EIA used Bitcoin’s fast-growing value as proof, suggesting that it could encourage additional miners to join the network and significantly boost its energy consumption. They also pointed out that in states like Texas, where electrical grids can be unreliable during extreme weather, Bitcoin mining could cause demand spikes that disrupt system operations and drive up consumer prices. The Chamber of Digital Commerce stated in a press release on Friday that they are in favor of appropriate data sharing, however they believe that the survey and the emergency justification in this case were not reasonable. They argue that this poses a serious threat of irreversible damage to the U.S. cryptocurrency mining industry. The most recent update of Cambridge’s Bitcoin Mining Index revealed that previous estimates of the network’s power consumption were significantly exaggerated. In addition, multiple research reports have indicated that the majority of the industry is fueled by renewable energy sources. Managed by Ryan Ozawa, subscribe to receive daily crypto news updates directly to your email.