Texas Blockchain Council and Riot Platforms, a major crypto mining firm, are taking the US Department of Energy (DOE) to court. They claim the DOE’s attempt to gather detailed energy usage data from bitcoin miners is illegal and overreaching.
The lawsuit argues that the DOE’s data collection:
- Breaks the law: It violates the Paperwork Reduction Act and the Administrative Procedure Act by lacking proper procedures and public input.
- Is unfair: It burdens miners with disclosing sensitive information without justification.
- Sets a bad precedent: It could harm the competitiveness of US bitcoin mining and allow for government overreach.
- Is politically motivated: It’s not about public safety, but about curbing the crypto industry.
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The miners are seeking a court order to stop the data collection. This case could have major implications for the future of bitcoin mining regulation in the US.
