The post Deutsche Telekom Enters Bitcoin Mining with T-Mobile Integration appeared on BitcoinEthereumNews.com.

Deutsche Telekom, Europe’s largest telecommunication provider, has announced plans to start mining Bitcoin via T-Mobile. Established in 1995 following the privatization of the former state-owned monopoly Deutsche Bundespost, Deutsche Telekom has grown to become one of the world’s leading integrated telecommunications providers. “With a heart full of pride, I would like to let you in on a little secret: we will engage in ‘digital monetary photosynthesis’ soon,” said Dirk Röder, head of Web3 infrastructure and solutions at Deutsche Telekom-owned subsidiary T-Systems MMS. Deutsche Telekom ventures into Bitcoin mining, advancing blockchain commitments and setting a precedent in the telecom industry. Deutsche Telekom Eyes Bitcoin Mining Expansion In a breakthrough move, Deutsche Telekom revealed its plans to initiate Bitcoin mining through its subsidiary, T-Mobile. This landmark announcement came from Dirk Röder during the BTC Prague conference. Röder’s excitement was palpable as he confirmed the company’s intention to delve into Bitcoin mining, marking a significant step in their blockchain endeavors. Company’s Blockchain Integration and Advancements Since its privatization in 1995, Deutsche Telekom has evolved into a global telecommunications powerhouse, offering a plethora of services from fixed-line to IT solutions. This expansion into Bitcoin mining is an extension of their existing digital initiatives which include operating Bitcoin and Bitcoin Lightning nodes. The company has also notably enhanced its blockchain footprint as a validator on the Polygon network, showcasing its commitment to integrating cutting-edge technology. Röder highlighted the developer-friendly nature of the Polygon ecosystem and Deutsche Telekom’s role in supporting blockchain security and decentralization. Strategic Partnerships and Technological Innovations Deutsche Telekom’s subsidiary, MMS, has further solidified its position in the blockchain space. Besides partnering with Polygon, MMS has established itself as the first corporate partner of the Fetch.ai Foundation. This partnership emphasizes the integration of AI and Web3 technologies, reflecting Deutsche Telekom’s dedication to innovation.…

---

Filed under: News - @ June 16, 2024 11:28 am