• Home
  • Cryptocurrency
  • Blockchain
  • Analysis
  • News
    • Regulations Security
    • Getting Started
  • Insights
    • Opinion
    • Expert Interview
  • All Posts
Facebook X (Twitter) Instagram
Trending
  • KiloEx Exchange Exploiter Restores All Stolen Funds Following $7.5 Million Hack
  • Hashkey Targets XRP ETF in Asia with New Fund Supported by Ripple
  • Sygnum Predicts Potential Altcoin Rally in Q2 2025 Due to Enhanced Regulations
  • Media Tycoon Files Counterclaim Against Justin Sun in $78 Million Sculpture Dispute
  • Yemenis are embracing DeFi in response to US sanctions on the Houthi group
  • Saylor and ETF Investors’ ‘Stronger Hands’ Contribute to Bitcoin Stabilization — Analyst
  • Bitcoin Dip Buyers Show Interest at BTC Range Lows, Yet Remain Risk-Averse Until $90K Establishes Support
  • Kyrgyzstan’s President Enacts CBDC Legislation Granting Legal Status to ‘Digital Som’
Facebook X (Twitter) Instagram
CoinovelCoinovel
  • Home
  • Cryptocurrency
  • Blockchain
  • Analysis
  • News
    • Regulations Security
    • Getting Started
  • Insights
    • Opinion
    • Expert Interview
  • All Posts
CoinovelCoinovel
Home » Energy officials facing lawsuit from Texas Blockchain Council and Riot Platforms over crypto mining data
Energy officials facing lawsuit from Texas Blockchain Council and Riot Platforms over crypto mining data
Energy officials facing lawsuit from Texas Blockchain Council and Riot Platforms over crypto mining data

Energy officials facing lawsuit from Texas Blockchain Council and Riot Platforms over crypto mining data

0
By admin on 2024-02-23 Regulations Security

The Texas Blockchain Council (TBC) and mining company Riot Platforms have taken legal action against the Energy Information Administration (EIA) over its attempt to collect information on energy usage from cryptocurrency miners. In a filing on February 22, the TBC and Riot accused the U.S. Department of Energy, EIA, Office of Management and Budget, and their leadership of seeking to gather “invasive” data from crypto miners. The lawsuit was filed before the February 23 deadline, which threatened fines and penalties for non-compliance with an EIA survey on mining companies’ electricity usage. The TBC argued that the data collection was politically motivated and claimed that requiring mining firms to provide potentially contractual information to the government and make it public would be an overreach of authority. The group singled out Senator Elizabeth Warren and the White House for orchestrating the EIA’s actions and requested a temporary restraining order to halt the data collection. Texas Blockchain Council President Lee Bratcher stated that the legal challenge was not just about resisting a single request for proprietary information, but about defending against a broader pattern of regulatory overreach that could harm innovation and economic growth. The Department of Energy classified the collection of data from crypto miners as an “emergency” request in an effort to gain a “baseline snapshot” of miners’ energy consumption nationwide. Critics of the Energy Department’s actions have questioned the urgency of the data collection, suggesting that policymakers could use the information for politically motivated attacks on Bitcoin (BTC) and the crypto industry. Representative Tom Emmer of Minnesota, a supporter of pro-crypto legislation in Congress, sent a letter to OMB Director Shalanda Young on February 20, questioning the motivation behind the EIA survey. Emmer suggested that the Biden administration was prioritizing climate change policies at the expense of crypto miners. A hearing on the lawsuit is scheduled for 5:30 pm UTC on February 23 in Texas. Cointelegraph reached out to Senator Warren’s office for comment but did not receive a response at the time of publication.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

KiloEx Exchange Exploiter Restores All Stolen Funds Following $7.5 Million Hack

Media Tycoon Files Counterclaim Against Justin Sun in $78 Million Sculpture Dispute

Saylor and ETF Investors’ ‘Stronger Hands’ Contribute to Bitcoin Stabilization — Analyst

  • Popular
  • Latest
  • Hot comments
2022-02-23 Getting Started

Cryptopedia: Unveiling the Metaverse’s Potential to Revolutionize the Internet

2022-03-07 Getting Started

Unveiling Cryptopedia: Grasp the fundamentals of DAOs and their operational mechanisms

2022-03-25 Getting Started

Cryptopedia: Explore Web3 and its goal to revolutionize internet services

2025-04-18 Regulations Security

KiloEx Exchange Exploiter Restores All Stolen Funds Following $7.5 Million Hack

2025-04-18 Cryptocurrency

Hashkey Targets XRP ETF in Asia with New Fund Supported by Ripple

2025-04-18 Cryptocurrency

Sygnum Predicts Potential Altcoin Rally in Q2 2025 Due to Enhanced Regulations

Latest Gallery

Latest Recommendations
2025-04-18 Regulations Security

KiloEx Exchange Exploiter Restores All Stolen Funds Following $7.5 Million Hack

2025-04-18 Cryptocurrency

Hashkey Targets XRP ETF in Asia with New Fund Supported by Ripple

2025-04-18 Cryptocurrency

Sygnum Predicts Potential Altcoin Rally in Q2 2025 Due to Enhanced Regulations

2025-04-18 Regulations Security

Media Tycoon Files Counterclaim Against Justin Sun in $78 Million Sculpture Dispute

2025-04-18 Blockchain

Yemenis are embracing DeFi in response to US sanctions on the Houthi group

2025-04-18 Regulations Security

Saylor and ETF Investors’ ‘Stronger Hands’ Contribute to Bitcoin Stabilization — Analyst

2025-04-18 Cryptocurrency

Bitcoin Dip Buyers Show Interest at BTC Range Lows, Yet Remain Risk-Averse Until $90K Establishes Support

2025-04-18 News

Kyrgyzstan’s President Enacts CBDC Legislation Granting Legal Status to ‘Digital Som’

2025-04-17 Blockchain

Polygon’s Nailwal: The Jio Partnership Will Propel Real-World Web3 Adoption for 450 Million Users

2025-04-17 Blockchain

Babylon’s Total Value Locked Decreases by 32% as Wallets Unstake $1.2B in Bitcoin

2025-04-17 Regulations Security

OpenAI pursued a deal with Anysphere prior to shifting its focus to WindSurf

2025-04-17 Analysis

Bitcoin Gold’s Imitation Strategy Could Surpass $150K as BTC Remains ‘Remarkable’

2025-04-17 Cryptocurrency

AI Tokens and Memecoins Dominate Cryptocurrency Narratives in Q1 2025: CoinGecko

2025-04-17 Cryptocurrency

Four Reasons Why the Price of Bitcoin Could Surge to $90,000 in April

2025-04-17 News

Trump Criticizes Powell for Delaying Interest Rate Cuts, Calling It ‘Too Late’

2025-04-17 News

Wyoming Commission Considers Whether Stablecoin Falls Under SEC Regulations

About
About

Coinovel is an enthralling novel of cryptocurrencies. Engage with narratives, delve into stories, and journey through the captivating world of digital currencies.

X (Twitter) Telegram
Popular posts
2022-02-23 Getting Started

Cryptopedia: Unveiling the Metaverse’s Potential to Revolutionize the Internet

2022-03-07 Getting Started

Unveiling Cryptopedia: Grasp the fundamentals of DAOs and their operational mechanisms

2022-03-25 Getting Started

Cryptopedia: Explore Web3 and its goal to revolutionize internet services

Copyright © 2025 coinovel. All rights reserved.
  • Home
  • Cryptocurrency
  • Blockchain
  • Regulations Security
  • Analysis
  • Insights
  • News
  • Getting Started

Type above and press Enter to search. Press Esc to cancel.