The Block33 minutes ago

Published on February 26, 2024 17:40 GMT+00:00edited on February 26, 2024 17:44 GMT+00:00

The U.S. Department of Energy has to temporarily bring to a halt an emergency survey that aims to measure crypto mining firms' electricity consumption, a Texas judge ruled. 

Judge Alan Albright of the U.S. District Court for the Western District of Texas Waco Division issued a temporary restraining order on Friday after the Texas Blockchain Council and bitcoin mining company Riot Platforms sued the Department of Energy last week calling the survey a product of "sloppy government process." 

The Energy Information Administration (EIA) — a statistical and analytical agency within the Department of Energy — announced earlier this month that it would begin surveying crypto mining firms following an "emergency collection of data request," citing bitcoin's increase in price over the …