Sierra Club Urges Accurate Insight into Crypto Mining Firms' Energy Use in Federal Survey Support

Sierra Club, a leading environmental organization, supports the U.S. Department of Energy's survey of crypto mining companies' energy usage. The group highlighted concerns about the excessive energy consumption of crypto mining operations and the potential impact on electricity demand, especially during extreme weather events. They argue that delaying data collection risks grid reliability and could lead to increased electricity prices and grid outages.