Crypto miner backs US senator's efforts to incentivize using flared gas

Texas Senator Ted Cruz proposed a bill aimed at incentivizing crypto miners to use flared gas for energy generation in the state. In an April 1 notice, Cruz said he had introduced the Facilitate Lower Atmospheric Released Emissions, or FLARE, Act in the US Senate, aiming to make Texas “the number one place for Bitcoin mining. ” Bitcoin (BTC) miner MARA Holdings endorsed the proposed legislation on X, claiming it would reduce emissions and “unlock stranded energy. ”April 1 draft of FLARE Act source: https://cointelegraph.com/news/ted-cruz-flare-energy-crypto-miners-texas?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound