The Hill: US to require cryptocurrency mines to report energy use data

The Hill: US to require cryptocurrency mines to report energy use data Main Photo

2 Feb 2024


News

The U.S. government will require companies that mine for cryptocurrency to report information on their energy use.

The Energy Information Administration (EIA) has said that starting next week, it will “survey identified commercial cryptocurrency miners, which are required to respond with details related to their energy use.”

“We will specifically focus on how the energy demand for cryptocurrency mining is evolving, identify geographic areas of high growth, and quantify the sources of electricity used to meet cryptocurrency mining demand,” EIA Administrator Joe DeCarolis said in a written statement this week. 

Click here to view the original article from The Hill.