According to Bitcoin.com, US Senator Ted Cruz recently announced the introduction of the FLARE Act, a federal proposal aimed at converting wasted energy into efficient use through targeted tax reform. This federal bill seeks to amend the 1986 Internal Revenue Code to provide for permanent full expending of property used to capture natural gas that would otherwise be burned or emitted and use it for value-added products. Cruz described this initiative as a strategic step to leverage the state's abundant energy supply and strengthen its leadership position in the digital asset sector. The congressman said, "I am committed to making Texas the preferred place for Bitcoin mining. The FLARE Act incentivizes entrepreneurs and cryptocurrency miners to use natural gas that would otherwise be stranded