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.