Abundant Energy = Bitcoin Mining?

What’s happening? At the Texas Blockchain Summit, U.S. Senator Ted Cruz linked natural gas flares with a potential energy source for bitcoin mining.

Why is this important? From the words of U.S. Senator Cruz: “The beauty of Bitcoin mining is that if you can connect to the internet, you can use that energy and derive value from those renewables in a way that would be impossible otherwise. And, I think we are going to see in the next five years massive innovations in that regard as well,” 

How will this be important? Miami has Miami Coin. Wyoming is open for crypto business and making moves to bank crypto currency.

Finance Magnates | Texas Should Use Abundant Energy for Bitcoin Mining, Says Ted Cruz