๐บ๐ธ US Congressman Tom Emmer Challenges Emergency Bitcoin Mining Data Collection ๐
๐ Date: February 23, 2024
๐๏ธ Representative Tom Emmer, R-Minn.:
- Challenges emergency data collection on bitcoin mining by the Energy Information Administration (EIA).
- Raises concerns about the threat posed by bitcoin miners to public safety.
๐ Background:
- EIA approved for emergency data collection on the location and energy usage of bitcoin mining operations in the US.
- EIA estimates bitcoin mining consumes between 0.6% and 2.3% of US electricity consumption.
๐ค Emmer's Concerns:
- Questions OMB's choice of emergency authorization over normal clearance procedures.
- Seeks clarification on potential criminal charges for non-compliance with the survey.
๐ Ongoing Situation:
- EIA to collect data immediately, with preliminary results expected by mid-2024.
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