Biden Administration Requires Crypto Miners to Report Energy

Biden Administration Implements Electricity Reporting Requirements for Cryptocurrency Miners

The Biden administration has taken action to address concerns over the energy consumption and environmental impact of large cryptocurrency mining operations. In a recent press release, The Energy Information Administration (EIA) announced that it will now require these operations to report their electricity usage. The move comes as experts warn that the industry could strain the nation’s electricity grids and contribute to climate change.