Senator Ted Cruz supported the development of mining in Texas – Bits Media

Senator from Texas Ted Cruz Texas, previously running for the post of US president from the Republican Party, supported the development of the mining industry in the state.

Ted Cruz (TED CROSS) stated, What believes in cryptocurrencies and mining, Having talked about the advantages of bitcoin mining to increase the stability of energy systems under extreme weather conditions. Cruz explained, that if necessary, equipment for mining can be easily turned off. This will allow you to redirect energy resources to the main needs of the population, eg, hospitals and heating residential buildings.

Texas are characterized by severe weather conditions - this summer in the state was abnormally hot. In such cases, the Texas energy system, serving about 90% local population (25 million tales), forced to take extraordinary measures due to the load on her resources. As a result, miners of bitcoins had to reduce energy consumption. So, In August, the Marathon Digital Holdings mining company reduced the production of bitcoins by 9%.

“Texas is a center of jobs, Innovation and freedom, Therefore, he is like no other state for mining bitcoins ", - said the politician.

Cruise holds the position of Senator Texas with 2013 of the year. He is convinced, that the development of mining in the state can not only attract new industry companies to Texas, but also make the United States a leader in this developing industry. However, not all politicians share this point of view. For example, Senator from Massachusetts Elizabeth Warren (Elizabeth Warren) fears, that mining creates a strong load on the state power systems and negatively affects the climate.