Powered by
Crypto News

Senator Ted Cruz Acquires 3 Bitcoin ASIC Miners, Begins 'Hashing' in Texas

This article was published more than a year ago. Some information may no longer be current.

Republican Senator Ted Cruz from Texas has announced that he purchased three application-specific integrated circuit (ASIC) bitcoin miners. “I just bought 3 Bitcoin miners that started hashing today in Iraan, TX,” the Senator stated on X this week. “I’m proud to join the ranks of Texas bitcoin miners,” he added. Cruz is an ardent advocate of bitcoin (BTC) and the cryptocurrency sector at large. He has pushed for Texas to become an “oasis” and the most welcoming place for the blockchain and crypto industry. In 2022, he invested $50,000 in bitcoin, underscoring his personal commitment to the cryptocurrency. Cruz staunchly opposes the Federal Reserve’s development of a central bank digital currency (CBDC). He has consistently put forth legislation to prevent the Fed from creating a CBDC, highlighting worries about privacy, government overreach, and financial surveillance.

SHARE
Senator Ted Cruz Acquires 3 Bitcoin ASIC Miners, Begins 'Hashing' in Texas