The U.S. Department of Energy (DOE) is closely examining bitcoin (BTC) mining. Should this be a cause for concern?

Specifically, the Energy Information Administration (EIA), a statistical agency under the DOE, will be conducting a survey of the electricity usage of selected U.S.-based miners over the next six months, starting next week, following the issuance of an "emergency collection of data request."

This information is derived from The Node newsletter, which provides a daily summary of the most important crypto news on CoinDesk and other platforms. You can sign up to receive the complete newsletter.
Considering the use of the term "emergency" in the request and the current administration's critical view of cryptocurrency, there are concerns that the data collected could be used to develop potentially detrimental policies for the mining industry. In its public filing, the EIA mentions the potential for "public harm" from crypto mining as the reason for collecting this data.

"EIA is a policy-neutral agency that does not create, implement, enforce, or comment on policy," stated EIA spokesperson Morgan Butterfield in an email response to CoinDesk. "The results from the data we collect will help guide our future course of action over the next six months, leading to a regular three-year review."#mining #MiningCompanies #Write2Earn #BTC #TradeNTell

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Crypto Mining Apps to Avoid for Beginners: Don't Fall for These Glitches

Crypto mining can be a great way to earn passive income, but it's important to do your research before getting started. There are a number of crypto mining apps out there, but not all of them are created equal. Some apps are simply scams, while others are poorly designed and can damage your device.

Here are a few crypto mining apps that beginners should avoid:

Bitcoin Miner

Daily Bitcoin Rewards

Crypto Holic

MineBit Pro

Bitcoin 2021

Ethereum — Pool Mining Cloud

Bitcoin — Pool Mining Cloud Wallet

These apps have been known to engage in a variety of fraudulent activities, such as:

Stealing your cryptocurrency

Installing malware on your device

Exaggerating their profitability

Running hidden ads

Using your device's resources to mine cryptocurrency without your consent

Even if an app is not actively malicious, it may still be best to avoid it if it is poorly designed or does not offer a good user experience. Some apps may be difficult to use, or they may not be compatible with your device. Others may charge high fees, or they may not pay out your earnings on time.

If you're a beginner, it's best to stick with well-established and reputable crypto mining apps. There are a number of these apps available, and they offer a variety of features and benefits.

Here are a few tips for choosing a crypto mining app:

Read reviews from other users. This is a great way to get a sense of the app's reputation and performance.

Check the app's fees. Some apps charge high fees, which can eat into your profits.

Make sure the app is compatible with your device. Not
apps are available on all platforms.

Look for an app with a good user interface. This will make it easier to use and manage your mining operation.

Do your research on the app's developer. Make sure the developer is reputable and has a good track record.

Crypto mining can be a great way to earn passive income, but it's important to be careful when choosing a mining app.
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