Since the crypto mining ban in China in 2021, the US has become one of the largest mining hubs for Bitcoin miners. However, regulatory agencies have tightened their measures to increase their oversight over the industry.
Last month, one of the US Government agencies issued an emergency approval for the “EIA-862, Cryptocurrency Mining Facilities Report.”
The survey raised miner’s alarms as it seeks to collect sensitive data from crypto mining companies operating in the country. This concern led to a lawsuit initiated last week by several of the concerned parties.
EIA’s ‘Insufficient’ Response To The Lawsuit
On February 22, the Texas Blockchain Council (TBC), Bitcoin miner Riot Platforms, and the Chamber of Digital Commerce started a lawsuit against the US Department of Energy (DOE), the US Energy Information Administration (EIA), and the Office of Management and Budget (OMB).
The lawsuit follows the approval of an emergency survey by the OMB. EIA’s emergency r
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