US Senator Ted Cruz says Texas should use abundant energy for bitcoin mining.

US Senator from Texas Ted Cruz recently addressed the Texas Blockchain Summit and mentioned that the state could use abundant energy for Bitcoin mining.

Ted Cruz, the US Senator from Texas, recently addressed the Texas Blockchain Summit and mentioned that the state could use abundant energy for Bitcoin mining. Cruz also highlighted the key benefits of Bitcoin mining through natural gas. Bitcoin mining has always been the hottest topic for discussions among the crypto community. Despite the latest jump in its adoption and price, the world’s leading cryptocurrency has been criticized for the significant use of energy in its mining.

 

The use of environment-friendly energy resources for BTC mining has been encouraged. 

In the last few months, several influential figures in the global crypto community have encouraged the use of environment-friendly energy resources for BTC mining. As reported earlier, El Salvador is using volcano-generated power to mine bitcoin. Even US Senator Ted Cruz made this point. He said, “We are the number 1 wind energy producer in the country. Secondly, if you look at natural gas right now, a massive amount of natural gas is being flared in West Texas. I think that is an enormous opportunity for Bitcoin because that energy is being wasted.”

 

The Mayor of Miami is planning to reduce the cost of electricity to facilitate Bitcoin miners.

The latest statement from Ted Cruz came nearly four months after Francis Suarez, the Mayor of Miami said that the city is planning to reduce the cost of electricity to facilitate Bitcoin miners. Suarez is the holder of BTC and Ethereum. As reported earlier in June 2021, the Mayor of Miami said that he purchased BTC near $30,000 and Ethereum near $1,500. He also added that Miami could provide clean energy for BTC mining. 

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Jai Pratap
Jai Pratap
A Mass Media Graduate who loves to write. Jai is also a sports enthusiast and a big movie buff. He loves to learn new things.

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