Posted 2/3/2024, 1:05:12 PM
Biden Seeks Data on Bitcoin Mining Energy Use, Raising Fears of Crackdown
- Biden administration launched an "emergency" survey of bitcoin miners' energy use, sparking fears of a government crackdown
- Energy Information Administration told to urgently collect bitcoin mining energy data, citing "public harm"
- Bitcoin price has surged over 200% from recent lows, rallying to over $43,000
- Bitcoin supporters fear Biden administration "has it out for bitcoin" and could "kill it"
- Bitcoin vs dollar framed as pivotal battle, with dollar's dominance under threat from bitcoin's rise