Cynthia Lummis Sen. Cynthia Lummis (R-WY) railed against the Biden administration’s “absurd” scheme to survey electricity consumption from the cryptocurrency mining industry in an exclusive comment to Breitbart News.
The U.S. Energy Information Administration (EIA) is starting a “provisional” survey of electricity consumption from cryptocurrency miners. The Office of Management and Budget (OMB) authorized the survey on January 26 as part of an emergency collection of data request.
Although the survey may seem like just an attempt to understand the burgeoning financial industry better, cryptocurrency advocates have balked at the granular information requested from the industry, calling it “Orwellian.”
The survey demands information such as specific mining hardware and hash rate data.This survey follows a letter sent by Democrat lawmakers, led by known anti-crypto Sen. Elizabeth Warren (D-MA), to the Environmental Protection Agency (EPA) and Department of Energy, demanding that they compel cryptocurrency miners to disclose their energy consumption data.Lummis, a staunch […]
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