Texas Senator Cruz Defends Bitcoin Mining, Says It Brings Jobs and Can Provide Emergency Grid Power

Texas Senator Ted Cruz expressed support for Bitcoin mining, saying it provides grid resilience during extreme weather.

Cruz said Bitcoin mining machines can quickly power down to free up energy during emergencies.

Cruz defended Bitcoin mining, saying it creates value and can help power homes and hospitals when needed.

Cruz tweeted that Texas is a "natural oasis" for Bitcoin mining due to its jobs, innovation, and freedom.

Cruz plans to run for senatorial re-election in 2022; some politicians see supporting crypto as a way to attract new voters.