The Texas Blockchain Council (TBC), a US cryptocurrency and blockchain advocacy group, announced that Ted Cruz
Cruz announced that he would support his opponent for reelection.
On the 12th (local time), TBC Chairman Lee Bratcher
Bratcher, via Twitter (formerly X), said that Senator Cruz had filed suit against Core Scientific, a bitcoin mining company.
"The Texas Blockchain Council is proud to endorse Senator Cruz," he said in a statement.
According to the article, Cruz is a former executive at Core Scientific, a company based in Denton, Texas.
He spoke to a crowd of over 150 people at the 2019 Symposium on Bitcoin and Bitcoin Science at the University of California, Berkeley, where he described Bitcoin as a tool to ensure freedom and mining as a tool for grid stability.
"Crypto is the future," he said. Cruz, who has served in the U.S. Senate since 2013, has attended TBC events before, most notably the former Texas Blockchain President.
At the North American Blockchain Summit, he spoke about Bitcoin mining and the benefits that mining companies in Texas could bring to the state's energy grid.
Coinbase's non-profit political advocacy organization, the Stand With Crypto political initiative, has criticized Senator Cruz's congressional voting record and digital
Based on his tweets about cryptocurrencies, Cruz has been rated a strong supporter of cryptocurrencies. In 2022, Cruz said, "I like Bitcoin because the government can't control it."
He stated:
2024/08/13 10:47 KST
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