EIA Retracts Emergency Bitcoin Miner Energy Survey After Lawsuit Alleges Overreach
• EIA recently launched an "emergency" survey of US Bitcoin miners' energy use, but retracted it after legal pressure • Texas Blockchain Council and Riot Platforms sued EIA for "administrative overreach" in implementing the survey • EIA claimed the survey was urgent due to potential for more miners coming online and straining energy grids • The survey would have forced miners to submit data on electricity consumption or face criminal fines • An updated Cambridge study found previous estimates of Bitcoin's energy use were greatly overstated