US Government Closes In on Bitcoin Mining

The U.S. Government’s Close Scrutiny of Bitcoin Mining Sparks Concerns

The U.S. Government has intensified its evaluation of Bitcoin mining, raising concerns among cryptocurrency enthusiasts. In its latest move, the Department of Energy has conducted a survey aimed at collecting crucial data regarding the energy consumption associated with cryptocurrencies. This data could potentially be used to reinforce the government’s stance that blockchain technology poses a “public harm.” As the findings of this survey are awaited with bated breath, the future of Bitcoin mining in the United States hangs in the balance.