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Bitcoin News & Updates / Ted Cruz Believes Texas’ Abundant Energy Is Opportunity for Bitcoin
« on: October 13, 2021, 02:57:04 PM »
Speaking at the Texas Blockchain Summit last week, Senator Ted Cruz (R-TX) said Bitcoin could make use of the state’s abundant energy resources. Senator Ted Cruz (R-TX) said last Friday that Texas’ abundant energy resources represent a great opportunity for Bitcoin.
“Fifty percent of the natural gas in this country that is flared, is being flared in the Permian right now in West Texas. I think that is an enormous opportunity for Bitcoin, because that’s energy that is just being wasted,” Cruz told Jimmy Song at the Texas Blockchain Summit last week. Source
“Fifty percent of the natural gas in this country that is flared, is being flared in the Permian right now in West Texas. I think that is an enormous opportunity for Bitcoin, because that’s energy that is just being wasted,” Cruz told Jimmy Song at the Texas Blockchain Summit last week. Source