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Crypto Mining and the BTC-Spot ETF Market
In recent sessions, the spotlight returned to crypto mining. The US Energy Information Administration (EIA) issued a press release on January 31, focusing on crypto mining. Notably, the EIA will begin surveying identified crypto miners this week. The EIA will require crypto miners to provide details on their energy use. EIA Administrator Joe DeCarolis said, “We intend to continue to analyze and write about the energy implications of cryptocurrency mining activities in the United States. We will specifically focus on how the energy demand for cryptocurrency mining is evolving, identify geographic areas of high ... (full story)