Europe’s largest telecommunications provider plans to mine Bitcoin using surplus energy from renewable sources, which would otherwise remain unused.
Deutsche Telekom is set to venture into Bitcoin mining, in a positive sign of adoption for the world’s first cryptocurrency.
Deutsche Telekom, Europe’s largest telecommunications provider, announced a new Bitcoin (BTC) mining project using surplus energy from renewable sources, which would otherwise remain unused.
The new Bitcoin mining project, called “Digital Monetary Photosynthesis,” is developed by Deutsche Telekom’s subsidiary MMS in collaboration with Bankhaus Metzler.
