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Deutsche Telekom Plans to Begin Bitcoin Mining: Details Undisclosed

Published 06/16/2024, 03:22 PM
Updated 06/16/2024, 03:45 PM
© Reuters.  Deutsche Telekom Plans to Begin Bitcoin Mining: Details Undisclosed

  • The German telecommunication company Deutsche Telekom has planned to mine Bitcoin.
  • Dirk Roder, Deutsche Telekom team lead, asserts that the platform will begin Bitcoin mining.
  • The platform’s move highlights Deutsche Telekom’s significant expansion of cryptocurrency operations and services.

The German telecommunication company Deutsche Telekom’s subsidiary T-Mobile plans to mine Bitcoin. The strategic decision was announced by Dirk Roder, Head of Web3 Infrastructure and Solutions at Deutsche Telekom, during the BTC Prague, one of the biggest Bitcoin events in Europe.

According to a video clip shared by Daniel Sempere Pico, a Bitcoin enthusiast, Roder narrated the evolution of Deutsche Telekom’s approach to Bitcoin. While in 2022, the platform ignored Bitcoin, in 2024, the platform plans to mine Bitcoin. Roder stated,

Since 2023, we are running a Bitcoin node, and we are running Bitcoin Lightning nodes as well […] I like to let you in on a little…

The post Deutsche Telekom Plans to Begin Bitcoin Mining: Details Undisclosed appeared first on Coin Edition.

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