US Government Agrees to Destroy Bitcoin Mining Data Gathered

BREAKING: The US federal government has agreed to halt its mandatory assessment and data collection of energy consumption by the Bitcoin mining industry, settling a lawsuit filed by the Texas Blockchain Council. This landmark decision forces the government to destroy data it gathered on Bitcoin mining.

A lawsuit by the Texas Blockchain Council has forced the US Government to destroy data it gathered on Bitcoin mining. The lawsuit successfully stopped the Biden Administration's attempt to collect energy usage information from crypto mining companies. The government survey to get data on cryptocurrency mining companies' electricity usage has been tabled, according to a court document filed on Friday. This represents a significant victory for the Bitcoin mining industry and privacy advocates.

The United States government has agreed to halt its mandatory assessment and data collection of energy consumption by the Bitcoin mining industry. The decision comes after facing legal challenges over the emergency data collection program.

The U.S. Energy Information Administration (EIA) has agreed to discard any data it already collected in response to its emergency Bitcoin mining survey, court documents reveal. The U.S. Energy Information Administration told a federal district court on Friday that it has “formally withdrawn and ceased” the emergency collection of data from Bitcoin miners.

The EIA initially launched the emergency data collection to understand the energy impact of cryptocurrency mining. However, critics argued that the survey was overly broad and lacked proper justification. BREAKING: the Biden Administration is cancelling the fake Bitcoin mining emergency declaration and destroying the data that it illegally collected.

The decision marks a major turning point for the relationship between the US government and the Bitcoin mining industry. This outcome underscores the importance of protecting data privacy and preventing government overreach.