I'm curious why the EIA has decided to expedite their
Bitcoin survey. Is there a specific reason or urgent need for them to gather data on bitcoin more quickly?
7
answers
henry_miller_astronomer
Sun Feb 23 2025
The cryptomining industry has been under scrutiny in recent years regarding its energy consumption.
GinsengBoost
Sun Feb 23 2025
The court filings reveal a significant decision made by the administrator of the EIA.
Raffaele
Sun Feb 23 2025
The decision was to expedite the survey due to recent developments in the market.
Silvia
Sun Feb 23 2025
Specifically, the administrator cited the recent increase in bitcoin's price as a primary reason.
CryptoAce
Sun Feb 23 2025
Additionally, the higher demand for energy during winter months was also a contributing factor.