Bitcoin

<a href="https://ultramining.com/news/en/major-bitcoin-mining-pool-foundry-usa-to-introduce-fee-structure/">US</a> Senator Ted Cruz has voiced strong support for Bitcoin mining in <a href="https://ultramining.com/news/en/texas-residents-challenge-bitcoin-mining-industrys-impact-on-power-grid-and-communities/">Texas</a>, highlighting the potential benefits for the state. Cruz, who owns three mining machines operating in Texas, earns between $30 and $40 daily from his mining activities. He believes that embracing Bitcoin mining could provide significant economic advantages for Texas, according to <a href="https://foresightnews.pro/">Foresightnews</a>. 
Cruz's endorsement aligns with Texas's growing reputation as a hub for cryptocurrency mining, thanks to its relatively low <a href="https://ultramining.com/news/en/impending-bitcoin-halving-may-trigger-major-hashrate-decline-say-experts/">energy costs</a> and favorable regulatory environment. By advocating for Bitcoin mining, Cruz aims to promote technological innovation and economic growth in his home state. His personal investment in mining underscores his confidence in the potential of cryptocurrency and its associated technologies. 
As the debate over cryptocurrency regulation continues in the US, Cruz's support for Bitcoin mining highlights the ongoing efforts by some policymakers to integrate digital assets into the broader economic framework.

US Senator Ted Cruz Advocates for Bitcoin Mining in Texas

Ultramining_Eng

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