US Senator Ted Cruz has become a Bitcoin miner

US Senator Ted Cruz is known as a longtime supporter of cryptocurrency. He announced the purchase of three application-specific integrated circuit (ASIC) Bitcoin mining machines to launch mining operations in Iraan, Texas.

Notably, Senator Cruz is an outspoken supporter of cryptocurrency regulation.

In the announcement on X, Senator Cruz revealed that he has joined the ranks of Bitcoin miners in Texas.

Marathon Digital CEO Fred Thiel praised Senator Cruz's initiative, welcoming him to the Bitcoin mining community. He also emphasized his contribution to improving network security.

Texas favors Bitcoin mining due to its business-friendly laws and affordable energy sources, including wind, solar, and natural gas. Such an environment has boosted Bitcoin mining in smaller towns like Iraan, creating jobs, spurring energy infrastructure investment, and generating tax revenue.

According to a financial disclosure, Senator Cruz purchased Bitcoin worth between $15,000 and $50,000 on January 25, when the BTC price was around $37,000.

Meanwhile, Senator Cruz is not the only lawmaker supporting crypto. Several US Senators have also revealed cryptocurrency holdings, reflecting growing political support.

Wyoming Senator Cynthia Lummis has allocated capital to Bitcoin, purchasing about $250,000, making her the US lawmaker with the most invested in the asset.