The Chamber of Digital Commerce Takes Legal Action Against EIA’s Bitcoin Mining Data Collection
Perianne Boring, CEO and founder of the Chamber of Digital Commerce (CDC), has announced that the association has taken legal action against the Environmental Impact Assessment (EIA). This comes after an EIA survey was rolled out to acquire sensitive Bitcoin mining data and crackdown on these mining operations.
Chamber Of Digital Commerce Files For A Restraining Order
The Chamber of Digital Commerce recently filed a legal suit to obtain a temporary restraining order against the EIA and injunction to halt their survey process. Furthermore, Boring highlighted “abuse of power” by the EIA, which poses a threat to the Bitcoin mining industry. Currently, the Chamber is awaiting the court’s decision on the restraining order to safeguard the industry’s interests.
Texas Blockchain Council Initiates Legal Action Against DOE and EIA
- The Texas Blockchain Council (TBC) and Riot Platforms have also initiated legal action seeking relief against the U.S. Department of Energy (DOE), its EIA, and the U.S. Office of Management and Budget (OMB).
- A lawsuit was lodged in the U.S. District Court for the Western District of Texas alleging that the EIA’s data collection efforts on Bitcoin mining are unlawful.
- The plaintiffs argue that both the EIA and OMB have breached regulations and engaged in arbitrary conduct.
TBC Seeks Measures After Sensitive Bitcoin Data Collection
The plaintiffs argue that the EIA’s rushed data collection procedures for BTC mining violate due process and intrude into private sector data. They claim that this flawed government process is driven by artificial time constraints and overreaching data collection practices.
Mines and TBC are seeking interim measures in the form of a temporary restraining order and preliminary injunction to halt further data collection activities. They also aim to nullify the OMB’s authorization for such data collection and prevent future endeavors without proper notice and public comment.
Hot Take: Protecting Bitcoin Mining Industry from Government Overreach
Legal actions taken by the Chamber of Digital Commerce and Texas Blockchain Council highlight the need to protect the Bitcoin mining industry from government overreach. The EIA’s data collection efforts have been deemed unlawful, with claims of breach of regulations and abuse of power. These lawsuits seek to safeguard the interests of Bitcoin miners, ensuring that due process is followed and private sector data is not intruded upon. As a crypto enthusiast, it is important to stay informed about such legal battles and support initiatives that promote a fair and regulated environment for cryptocurrency operations.