Texas should use Bitcoin mining to capture wasted natural gas: Sen. Ted Cruz

U.S. Senator Ted Cruz believes The United States should be using natural gas to mine Bitcoin instead of flaring it.

Speaking during the Oct. 8 Texas Blockchain Summit, Senator Cruz asserted that Bitcoin mining can be used to monetize energy created through oil and gas extraction rather than burning it, arguing that there is “enormous opportunity for Bitcoin […] to capture that gas instead of wasting it.”

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