Federal judge in Texas says new requirement would cause ‘irreparable injury’ to industry amid surging electricity usage
The US government has suspended its effort to survey cryptocurrency mining operations over their ballooning energy use following a lawsuit from an industry that has been accused by environmental groups of fueling the climate crisis.
A federal judge in Texas has granted a temporary order blocking the new requirements that would ascertain the energy use of the crypto miners, stating that the industry had shown it would suffer “irreparable injury” if it was made to comply.
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