Republican Senator Ted Cruz from Texas made an exciting announcement recently, revealing that he has obtained three application-specific integrated circuit (ASIC) bitcoin miners. In a statement made on X this week, Cruz proudly shared, “I just purchased 3 Bitcoin miners that have started hashing today in Iraan, TX.” Additionally, he expressed his pride in joining the esteemed community of Texas bitcoin miners. Cruz has long been a passionate supporter of bitcoin (BTC) and the wider cryptocurrency sector. He has actively advocated for Texas to become a haven and a welcoming environment for blockchain and crypto-related businesses. In a remarkable display of personal commitment to the cryptocurrency, Cruz invested $50,000 in bitcoin in 2022. Cruz’s strong opposition to the Federal Reserve’s development of a central bank digital currency (CBDC) is well-known. He consistently introduces legislation aimed at preventing the Fed from creating a CBDC, citing concerns about privacy, excessive government control, and financial surveillance.
