New Step in Mining: Senator Ted Cruz Invests in ASIC
Date: 2024-06-03 Author: Oliver Abernathy Categories: BUSINESS
US Senator from Texas, Ted Cruz, has entered the world of cryptocurrency mining by purchasing three ASIC Bitcoin mining devices. His decision caused widespread resonance in the crypto community and received support from leading industry figures.
Ted Cruz not only admitted his participation in the crypto market, but also made a public statement about the launch of the three ASIC devices he purchased for Bitcoin mining. The move is an addition to its cryptocurrency portfolio, which includes other assets in addition to Bitcoin.
Answers from Industry Leaders
In response to this move, the head of the mining company Marathon Digital expressed gratitude to Cruz for his contribution to the security of the Bitcoin network and invited him to the leading Mining Disrupt conference in Miami. Leading industry figures such as Coinbase's Faryar Shirzad also welcome the move, seeing it as an investment in the future of the US financial system.
Long Term View on Investing
This is not the first time Ted Cruz has shared his investment strategies regarding cryptocurrencies. Last year, he admitted that he is a long-term investor in Bitcoin, despite its volatility, and continues to acquire assets in this area. This new step in mining only confirms his ambitious plans in the cryptocurrency world.
Moves such as the senator's investment in Bitcoin mining demonstrate the political community's growing interest in cryptocurrencies and their potential. This also highlights the significance and impact of cryptocurrencies on the future of the financial system as a whole.
