- The US Energy Information Administration (EIA) has decided to suspend its survey of crypto miners’ energy consumption temporarily.
- The decision comes following Riot Platforms (NASDAQ:RIOT) and the Texas Blockchain Council’s lawsuit against the department’s scrutiny.
- The court ordered EIA to temporarily suspend the probe, claiming the move to be arbitrary and capricious.
The US Energy Information Administration (EIA), a statistical wing of the Department of Energy, has agreed to suspend its investigation into crypto miners’ energy consumption temporarily. The decision followed a lawsuit filed by Riot Platforms and the Texas Blockchain Council against the department’s scrutiny.
EIA will not enforce any requirement to file Form EIA-862 nor seek or impose any fines, penalties, or other adverse consequences based on a failure to respond to the survey through March 22, 2024.— EIA (@EIAgov) February 23, 2024
EIA announced the department’s decision to suspend the survey via an X post. The department assured that they will not “utilize any data received from any party responding to Form EIA-862.” They added,
EIA will not enforce any requirement to file Form EIA-…The post EIA Temporarily Suspends Crypto Mining Survey Following a Lawsuit appeared first on Coin Edition.