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Texas Blockchain Council wins favorable ruling against energy regulators

In a case against multiple U.S. energy regulators, the Texas Blockchain Council (TBC) and Bitcoin mining company Riot Platforms secures wins.

AuthorSylvia Shen

Reading Time1 min

PublishedFebruary 26, 2024

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Headline

In a case against multiple U.S. energy regulators, the Texas Blockchain Council (TBC) and Bitcoin mining company Riot Platforms secures wins.

Context

In a case against multiple U.S. energy regulators, the Texas Blockchain Council (TBC) and Bitcoin mining company Riot Platforms have received a favorable verdict from a United States District judge. The U.S. Department of Energy, the Energy Information Administration (EIA), the Office of Management and Budget (OMB), and their respective leaderships allegedly wanted intrusive data gathering from cryptocurrency miners.

Evidence

Pending intelligence enrichment.

Analysis

The TBC and Riot persuaded the judge that irrevocable harm would occur in the absence of a temporary restraining order (TRO) prohibiting future data gathering, according to a February 23 filing. As a result, a TRO was issued by the court, preventing the EIA from compelling crypto miners to respond to the survey or from sharing any received data. Also read: Europe’s Digital Services Act applies in full from February 18 Court criticises Energy Agency’s approval

Key Points

A United States District judge has granted a favorable verdict in the case against multiple U.S. energy regulators, siding with the Texas Blockchain Council (TBC) and Bitcoin mining company Riot Platforms.
The court has issued a temporary restraining order (TRO) to prevent the Energy Information Administration (EIA) from compelling cryptocurrency miners to respond to a survey or share any received data, following allegations of intrusive data gathering.