Legal Action Forces US Energy Department to Suspend Crypto Mining Investigation
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Following legal action initiated by Riot Platforms and the Texas Blockchain Council against the U.S. Department of Energy (DOE), the department’s statistical branch, the Energy Information Administration (EIA), has put a temporary hold on its bitcoin mining survey and quarantined the data gathered to date. DOE Puts Bitcoin Mining Inquiry on Hold Amid Legal Challenges […]
Following substantial opposition, the United States has paused its endeavor to collect energy consumption data from Bitcoin miners. The Energy Information Administration (EIA), a US Department of Energy division, announced plans to gather information on crypto miners’ energy usage last month. Bitcoin Mining Survey Suspended EIA’s move was met with…
Swan Bitcoin has sued several former employees, accusing them of illegally taking highly prized components of its BTC mining business. Filed on September 25, the lawsuit claims these executives, now running Proton Management, conspired to misappropriate Swan’s intellectual property and secured funding from Tether to create a “counterfeit competitor.” Rain and…