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Power Bitcoin United States

US Judge Halts Government Effort To Monitor Crypto Mining Energy Use (theguardian.com) 90

A federal judge in Texas has granted a temporary order blocking the U.S. government from monitoring the energy usage of cryptocurrency mining operations, stating that the industry had shown it would suffer "irreparable injury" if it was made to comply. The Guardian reports: The US Department of Energy had launched an "eemergency" initiative last month aimed at surveying the energy use of mining operations, which typically use vast amounts of computing power to solve various mathematical puzzles to add new tokens to an online network known as a blockchain, allowing the mining of currency such as bitcoin. The growth of cryptocurrency, and the associated mining of it, has been blamed for a surge in electricity use as data centers have sprung up across the US, even reviving, in some cases, ailing coal plants to help power the mining. [...]

"The massive energy consumption of cryptocurrency mining and its rapid growth in the United States threaten to undermine progress towards achieving climate goals, and threaten grids, communities and ratepayers," said Mandy DeRoche, deputy managing attorney of the clean energy program at Earthjustice. Until now, a lack of publicly available information has only benefited an "industry that has thrived in the shadows," DeRoche added.

The crypto mining industry, however, has claimed it is the victim of a "politically motivated campaign" by Joe Biden's administration and has, for now, succeeded in averting a survey that it contends is unfairly onerous. "This is an attack against legitimate American businesses with the administration feigning an emergency to score political points," said Lee Bratcher, president the Texas Blockchain Council, one of the groups that sued to stop the survey. "The White House has been clear that they desire to 'to limit or eliminate' bitcoin miners from operating in the United States. "Although bitcoin is resilient and cannot be banned, the administration is seeking to make the lives of bitcoin miners, their employees, and their communities too difficult to bear operating in the United States. This is deeply concerning."

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US Judge Halts Government Effort To Monitor Crypto Mining Energy Use

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  • by Anonymous Coward on Tuesday February 27, 2024 @09:07PM (#64274378)

    The guvvermint shoundn't be spying on all these crepto farms that are operaeting in the free market!

    • Re: (Score:2, Insightful)

      And these crypto farms are paying for their energy use like any other customer. What are they doing illegal?
      • by Luke has no name ( 1423139 ) <fox.cyberfoxfire@com> on Wednesday February 28, 2024 @12:23AM (#64274666)

        First, learn to speak the God Damned language.

        "What are they doing illegally?"

        Being asked for information isn't an admission of guilt. I think the gubmint is of the opinion that public water access and hospital power is more important than crypto mining and is looking into emergency scenarios.

        • That is ERCOT's problem.

          • Has ERCOT paid off the families of those who died the last time ERCOT failed? And in what world is death OK?

            • I don't know. Why don't you ask the families?

            • by mjwx ( 966435 )

              Has ERCOT paid off the families of those who died the last time ERCOT failed? And in what world is death OK?

              I'd say death is not OK and should never just be paid off as a cost of doing business... But ERCOTs problems run far deeper than crypto miners.

        • by mjwx ( 966435 )

          First, learn to speak the God Damned language.

          "What are they doing illegally?"

          Being asked for information isn't an admission of guilt. I think the gubmint is of the opinion that public water access and hospital power is more important than crypto mining and is looking into emergency scenarios.

          This.

          It's why we run censuses. So we can get a picture of the make up of the nation and that information can be used in policy planning.

          Whether or not one can be compelled to answer questions is another matter. Generally enough people are open and honest enough that we can safely ignore those who don't wish to participate.

          Also, as a side note I imagine most crypto farmers know exactly how much electricity their rigs are using, even if they're getting it illegally.

      • by Anonymous Coward on Wednesday February 28, 2024 @01:58AM (#64274766)

        And these crypto farms are paying for their energy use like any other customer. What are they doing illegal?

        Disclaimer: I'm against Proof of Work cryptography, if that work doesn't contribute to society.

        Maybe not illegal but here's the rub. Some things are more affordable because they're subsidized. If someone comes along and uses excessive amount of that subsidized good, everyone pays more, not just the dick.

        For example, there's probably no law against me buying all the fresh milk I can get my hands on so I can make a fountain of milk. The milk goes bad fairly fast of course so I have to keep buying lots of government subsidized cheap milk. One way or another, the cost of all the cheap milk I'm buying is going to cost everyone else or politicians will make it illegal for me to have a fountain of cheap milk.

        I'm on the fence as to if crypto mining from green energy sources is OK as nothing is entirely green. Even if they build their own green power plants, I'd say what they're doing is still wrong.

  • It is my understanding that the only part of Texas connected to the national power grid is El Paso. So if these crypto-farms are operating on an independent power grid, is it really any of Washington's concern how much power they are using?

  • by rsilvergun ( 571051 ) on Tuesday February 27, 2024 @10:02PM (#64274456)
    Elections have consequences. One of them is you paying for subsidized electricity for complex money laundering schemes.
    • Nominating fully-qualified individuals to serve in existing Federal judicial posts is not "packing the courts". That term refers specifically to the practice of adjusting the number of seats in a judicial body to open positions for more judges/justices to sway the leaning of that body (instead of waiting for a chair to open in the traditional manner).

      If it upsets you that people with a political leaning opposed to yours benefits from obeying the law, then too bad. Go eat your sour grapes somewhere else.

    • Actually there were articles about doing just this in the National Review during Clinton and Gingrich. Mid-1990's. So yes, it is indeed court packing as a political tool.

  • by amosh ( 109566 ) on Tuesday February 27, 2024 @10:08PM (#64274472)

    It's 2024. You can't report on law in the united states without saying WHO the judge is. Alan Albright - the judge here - isn't a judge who decides based on trivialities like "law." He's a Trump judge who decides based on vibes and who has had an almost unique order filed against him by the chief judge stripping him of much of his docket.

  • It's almost sickening to hear this direct tax money to the rich to make more money for themselves, and in this case, they do nothing for anyone. Parasites is a more accurate. I'm in TX and I still hate seeing (a judge in TX); it's always idiotic. At least Alabama got to the embro=child first, and saved us from that. I'm sure TX would have gotten to it, eventually. I read about the "Industry" in TX. 1. We gave them long, long, long term cheap electric rates (it was stupid, but like 50-75+ or something year
  • by doc1623 ( 7109263 ) on Tuesday February 27, 2024 @10:15PM (#64274490)

    It's almost sickening to hear this direct tax money to the rich to make more money for themselves, and in this case, they do nothing for anyone. Parasites is a more accurate. I'm in TX and I still hate seeing (a judge in TX); it's always idiotic. At least Alabama got to the embro=child first, and saved us from that. I'm sure TX would have gotten to it, eventually.

    I read about the "Industry" in TX.

    1. We gave them long, long, long term cheap electric rates (it was stupid, but like 50-75+ or something years, feel free to correct me on this, but produce a 'good' source). Cheaper than actual people get, for sure.

    2. We agreed to @%&* pay them for not using electricity in emergencies.

    It's the reverse Robin Hood. Cruz YOU really hate working people, that actually pay taxes don't you. Well... considering we're your main source of income, to give to the rich, maybe not. Please fall into a vat of acid or something, so we can see you as the super villain you are! Or, better yet, maybe we'll get lucky, and you won't go on to terrorize Gotham! ;)

  • by Procrasti ( 459372 ) on Tuesday February 27, 2024 @10:23PM (#64274508) Journal

    If you're worried about the greenhouse effects of crypto mining, tax carbon.

  • by cpurdy ( 4838085 ) on Tuesday February 27, 2024 @11:10PM (#64274566)
    [Judge] Albright oversees a significant portion of patent litigation within the United States. In 2021, the United States Court of Appeals for the Federal Circuit repeatedly rebuked him in a string of opinions for failing to transfer cases to more apt jurisdictions. A quarter of all patent lawsuits in the US were once heard by Albright, who has been widely criticized for ignoring binding case law.

    Wikipedia: Alan Albright [wikipedia.org]
  • ... or some other mechanism that doesn't require the expenditure of arbitrarily large amounts of valuable energy to solve pointless make-work problems?

    Other cryptocurrencies have done it, why hasn't Bitcoin?

  • by PJ6 ( 1151747 ) on Wednesday February 28, 2024 @07:48AM (#64275204)
    I know the thinking is that everyone should be allowed to do anything they want if they can make money doing it, public good be damned, but crypto mining isn't exactly producing anything of value here.

    And I don't understand how some can give a pass not only to normal monitoring of online activity for regular and national security purposes, but also flagrant violation individuals' privacy and the law with mass surveillance, and then in the same breath defend this position.

    It's like only activity that involves money (usually lots of it) has rights, and actual people don't.

    Coming from a party that crabs about freedom so much, that's messed up.
  • by Eunomion ( 8640039 ) on Wednesday February 28, 2024 @07:58AM (#64275218)
    This "judge" has literally admitted that the public knowing what this industry does would damage it, but somehow interprets that in the industry's favor. Psycho Orwellian fucktards in that state.
    • Thanks! I would add that they try and make it harder for everyone to vote! Last I heard, they were trying to restrict early voting hours to where most working people wouldn't be able to do it.
      • What irks me most is that the media never calls them on it. Never demands to know why they keep trying to limit or destroy democracy.
      • Last I heard, they were trying to restrict early voting hours to where most working people wouldn't be able to do it.

        Interesting.

        Can you post a link where you heard such a law being proposed?

        I'd be quite interested in hearing the exact restrictions they are trying to make and the justification(s) behind them....

    • The judge said nothing of the sort.

      Consider these three levels of "monitoring";
      1. Asking my electric company how much electricity I use.
      2. Publishing my electric bill.
      3. Asking me to compile a list of every appliance that uses electricity, the times that I operate said appliance, and how much I paid for the appliance.

      Texas is a lot closer to 3 than to 1.

      • Except it's not asking anything about you, it's asking about a corporation that gets massive subsidies just by being incoporated. Especially in Fucktardistan Texas.
  • "If people know what we are really doing, it will cause us irreparable harm" is not a great look.

  • Happily converting public resources into private wealth

Keep up the good work! But please don't ask me to help.

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