Deutsche Telekom to Dive into Bitcoin Mining

IconCryptoNewsTerminal Staff15 Jun, 2024

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Deutsche Telekom to Dive into Bitcoin Mining

Deutsche Telekom, Europe's leading telecommunications provider, has announced its plans to venture into Bitcoin mining. This strategic move was disclosed at the recent BTC Prague conference, where Dirk Roeder, Head of Web3 Infrastructure and Solutions at Deutsche Telekom, made the announcement. According to Roeder, Deutsche Telekom has already established a Bitcoin node in 2023 and a Lightning node. The company's future plans include the commencement of Bitcoin mining operations. This development marks a significant step for Deutsche Telekom in embracing the world of cryptocurrency and blockchain technology.