Key Takeaways:
- Deutsche Telekom plans to start mining Bitcoin, enhancing its crypto-related activities.
- The company has been operating Bitcoin and Bitcoin Lightning Network nodes since 2023.
- Deutsche Telekom has been active in the Web3 space, acting as a Polygon validator and partnering with Fetch.ai.
Deutsche Telekom has announced its plan to start mining Bitcoin, expanding its crypto-related activities.
The company has been running a Bitcoin node and Bitcoin Lightning Network nodes since 2023.
NEW: T-Mobile Deutsche Telekom says they are running a #BTC and Lightning node ⚡️and will be mining #Bitcoin soon 👀
— Simply Bitcoin (@SimplyBitcoinTV) June 16, 2024
pic.twitter.com/VeXvzUvbK1
This news was revealed by Dirk Röder, head of Web3 infrastructure and solutions at Deutsche Telekom, at BTC Prague.
T-Mobile Owner @deutschetelekom Unveils #Bitcoin and Lightning Network Node Operations https://t.co/XnTBCmBm4s
— Bitcoin.com News (@BTCTN) June 16, 2024
Röder hinted at a future engagement in “digital monetary photosynthesis” but did not elaborate further.
Deutsche Telekom has been involved in the Web3 space, acting as a Polygon validator since June 2023, providing staking and validation services.
BREAKING: Deutsche Telekom/T-mobile to start mining #Bitcoin
— Bitcoin Archive (@BTC_Archive) June 14, 2024
They are already running a Bitcoin node!
🫡 @JoeNakamoto pic.twitter.com/8iseaz8lEp
Additionally, in February, the company partnered with Fetch.ai, a decentralized AI platform, to become a validator on its blockchain, supporting AI-driven services across various industries.