U.S. Energy Information Administration - EIA - Independent Statistics and Analysis

Press Room

U.S. ENERGY INFORMATION ADMINISTRATION
WASHINGTON DC 20585

FOR IMMEDIATE RELEASE
January 31, 2024

EIA to initiate collection of data regarding electricity use by U.S. cryptocurrency miners

The U.S. Energy Information Administration (EIA) is initiating a provisional survey of electricity consumption information from identified cryptocurrency mining companies operating in the United States.

Beginning next week, EIA will survey identified commercial cryptocurrency miners, which are required to respond with details related to their energy use. The Office of Management and Budget (OMB) authorized the survey on January 26, 2024, as an emergency collection of data request.

EIA will also be soliciting public comment on the collection of cryptocurrency miners’ energy use data.

“We intend to continue to analyze and write about the energy implications of cryptocurrency mining activities in the United States,” said EIA Administrator Joe DeCarolis. “We will specifically focus on how the energy demand for cryptocurrency mining is evolving, identify geographic areas of high growth, and quantify the sources of electricity used to meet cryptocurrency mining demand.”

OMB approved the emergency request under 5 CFR 1320.13 under OMB control number 1905-0213. Further details of the OMB approval are available here.

The U.S. Energy Information Administration (EIA) is the statistical and analytical agency within the U.S. Department of Energy. By law, EIA’s data, analysis, and forecasts are independent of approval by any other officer or employee of the U.S. government. The views in the product and this press release therefore should not be construed as representing those of the U.S. Department of Energy or other federal agencies.

EIA Press Contact: Morgan Butterfield, EIAMedia@eia.gov
EIA Program Contact: Kenneth Pick, Kenneth.Pick@eia.gov