🇺🇸 US Congressman Tom Emmer Challenges Emergency Bitcoin Mining Data Collection 🛑

📅 Date: February 23, 2024

🏛️ 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.

🔍 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.

🤔 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.

📈 Ongoing Situation:

- EIA to collect data immediately, with preliminary results expected by mid-2024.

#BTC #TrendingTopic #Write2Earn #BinanceSquareUpdates #cryptonews $BTC