**News Flash: Texas Blockchain Council Endorses Ted Cruz for Senate Reelection**

The Texas Blockchain Council (TBC) has thrown its support behind incumbent Senator Ted Cruz for his reelection bid. TBC President Lee Bratcher announced the endorsement in an Aug. 12 post, highlighting Cruz's understanding of Bitcoin and its potential for freedom and grid stability.

Cruz, a vocal crypto advocate, has previously spoken at TBC events about the benefits of Bitcoin mining in Texas. Rated as "strongly" supportive of crypto by Coinbase’s Stand With Crypto initiative, Cruz is set to face Democrat Colin Allred, Libertarian Ted Brown, and Democratic write-in candidate Tracy Andrus in November.

Polls show Cruz with an eight-point lead over Allred. Meanwhile, Vice President Kamala Harris has accepted the Democratic nomination for the 2024 presidential race, potentially shifting the political landscape in Texas. The state is a hub for crypto-mining companies like Riot Platforms and Core Scientific.