The Texas Blockchain Council (TBC) has officially endorsed Senator Ted Cruz for reelection to the U.S. Senate. TBC President Lee Bratcher announced this support on August 12, during Cruz’s visit to Core Scientific mining facility in Denton, Texas.
Senator Cruz has been a strong advocate for Bitcoin and other cryptocurrencies. The TBC’s endorsement is based on Cruz’s understanding of Bitcoin’s role in promoting financial freedom and the potential benefits of cryptocurrency mining for Texas’s energy grid.
Since he took the Senate office in 2013, Cruz has been active in promoting the use of cryptocurrency in Texas. Moreover, the state is home to major crypto-mining companies like Riot Platforms and Core Scientific.
He has also spoken at various TBC events, including the North American Blockchain Summit, where he discussed the positive impact of Bitcoin mining on the state’s energy infrastructure.
In the upcoming November election, Cruz will compete against Democrat Colin Allred, Libertarian Ted Brown, and Democratic write-in candidate Tracy Andrus. As of mid-July, Cruz leads Allred by eight points, according to an ActiVote poll.
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