Texas Senator Ted Cruz has expressed his support for Bitcoin mining, stating that he is a “big believer” in the industry. He believes that Bitcoin mining can help enhance the resiliency of the energy grid, explaining how the machines can be shut off during times of crisis, freeing up energy for essential services. Cruz’s endorsement comes as politicians from both sides of the aisle are becoming more open to Bitcoin and digital assets. Cruz, who has been a senator since 2013, has also announced his plans to run for re-election next year.
AI Sentiment: Positive