Large cryptocurrency miners in US now have to report energy use to government

The Biden administration is now requiring some cryptocurrency producers to report their energy use following rising concerns that the growing industry could pose a threat to the nation’s electricity grids and exacerbate climate change.

The Energy Information Administration announced last week that it would start collecting energy use data from more than 130 “identified commercial cryptocurrency miners” operating in the US. The survey, which started this week, aims to get a sense of how the industry’s energy demand is evolving and where in the country cryptocurrency operations are growing fastest.

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