Deutsche Telekom: Europe's Largest Telecom Provider to Test Bitcoin Mining
In what is certainly a sign of the growing reach of the digital asset sector, Deutsche Telekom, the largest telecom provider in all of Europe, has begun testing Bitcoin mining. Specifically, the T-Mobile parent company is testing the process for surplus energy, according to a press release issued Monday. The firm announced the pilot project that would be taking place in collaboration with Bankhaus Metzler, one of Germany’s oldest banks. The project will seek to create a BTC mining infrastructure that is powered by renewable energy, the company notes. Source: Watcher.Guru Also Read: T-Mobile Parent Company Deutsche Telekom to Mine Bitcoin Deutsche Telekom Announces Bitcoin Mining Pilot Project There is no denying the vast growth that the cryptocurrency sector has enjoyed throughout 2024. The launch of crypto-based ETFs in the United States has opened the door to a wealth of new investors. Specifically, institutions like BlackRock and Fidelity have integrated massively with the asse...