US Senator Ted Cruz has expressed support for Bitcoin mining in Texas, emphasizing its role in enhancing the energy grid’s resiliency during extreme weather situations. He highlighted that Bitcoin mining machines can quickly be powered down, acting as “emergency reservoirs of power” and allowing energy resources to be redirected to essential needs. Cruz’s endorsement aligns with the growing bipartisan support for cryptocurrencies among politicians, with figures from both sides of the political spectrum showing interest in digital assets. However, there are still detractors of cryptocurrencies in Washington D.C. who express concerns about their potential impact on national security.
AI Sentiment: Positive
