US to require cryptocurrency mines to report energy use data ...Middle East

The Hill - Technology

The U.S. government will require companies that mine for cryptocurrency to report information on their energy use. The Energy Information Administration (EIA) has said that starting next week, it will “survey identified commercial cryptocurrency miners, which are required to respond with details related to their energy use.” “We will specifically focus on how the energy demand for cryptocurrency mining is evolving, identify geographic areas of high growth, and quantify the sources of electricity used to meet cryptocurrency mining demand,” EIA Administrator Joe DeCarolis said in a written statement this week. The survey was authorized by the White House Office of Management and B

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Last updated : 02 February 2024 clock 09:16 PM

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US to require cryptocurrency mines to report energy use data ...Middle East

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