For instance, the justification for the emergency order, granted by the Office of Management and Budget, was the recent crypto price rally, which saw bitcoin climb over 50% in a matter of months, which the EIA said would “incentivize more cryptomining activity, which in turn increases electricity consumption.”
![The U.S. Government Seems to Be Closing in on Bitcoin Mining The U.S. Government Seems to Be Closing in on Bitcoin Mining](https://www.coindesk.com/resizer/4Ocn7aRBXJB37ZU9f8yt6QxJ3yo=/1200x628/center/middle/cloudfront-us-east-1.images.arcpublishing.com/coindesk/IYNKCMVIINHUNOP2FIWRTXLM5E.jpg)