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US energy data agency to begin tracking crypto mining power use

Tan KW
Publish date: Thu, 01 Feb 2024, 09:43 AM
Tan KW
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Future Tech

  The U.S. Energy Information Administration (EIA) said on Wednesday that it will provisionally start collecting the electricity consumption data from U.S. cryptocurrency mining companies.

"We will specifically focus on how the energy demand for cryptocurrency mining is evolving, identify geographic areas of high growth, and quantify the sources of electricity used to meet cryptocurrency mining demand," said EIA Administrator Joe DeCarolis.

 


  - Reuters

 

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