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Impact of Deutsche Telekom's Bitcoin mining on renewable energy by mid-2025?
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Deutsche Telekom's MMS Blockchain Begins Bitcoin Mining with Bankhaus Metzler Using Surplus Renewable Energy
Nov 4, 2024, 11:34 AM
Deutsche Telekom, Europe's largest telecommunications company, has initiated Bitcoin mining operations utilizing surplus renewable energy. The company's subsidiary, MMS Blockchain, is collaborating with Bankhaus Metzler to establish a Bitcoin mining infrastructure. This initiative aims to optimize energy use and provide data support for the energy grid. Deutsche Telekom is already running a Bitcoin node as part of this effort, marking a significant step in the integration of cryptocurrency mining with renewable energy sources.
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