Third Largest Telecommunications Company in the World to Start Bitcoin Mining
Dirk Röder, the head of T-Systems MMS’s Web3 infrastructure and solutions at Deutsche Telekom subsidiary, has announced that Deutsche Telekom, Europe’s largest telecoms provider is set to join Bitcoin mining business at the BTC Prague conference.
Roder wore a pink bitcoin logo t-shirt reminiscent of their Deutsche Telekom logo in order to show off the company’s achievements.
“Since 2023 we are running a Bitcoin node and Bitcoin Lightning nodes,” he explained. He later revealed: ‘I would like to say with chest swelling from pride that we will soon be engaging in digital monetary photosynthesis.’
YOU WERE NOT READY…
“Is T-Mobile mining #bitcoin?”
— @JoeNakamoto“We will!
With a chest full of fckng pride, I like to let you in on a little secret: We will engage in digital monetary photosynthesis soon.”
— @21hemoonYou heard it at #BTCPrague first! 🚀 https://t.co/gXbZMZqQRk pic.twitter.com/Asy5x5iA7M
— BTC Prague (@BTCPrague) June 14, 2024
Bitcoin influencer Joe Nakamoto wanted clarity on this mysterious statement and said, “So is T-Mobile mining Bitcoin?” He confirmed it by saying “We will.”
READ MORE: Amber Group Acquires $20 Million Worth of Ethereum and Uniswap Tokens
Deutsche Telekom’ involvement in crypto goes beyond bitcoin; it had been participating in Ethereum network as a validator node by supporting project StakeWise – liquid staking protocol whose governance DAO it joined in 2022.
Similarly, they are also validating another chain known as Polygon and supporting Q as well as Chainlink blockchain networks which are among its larger plans. Besides operating Polkadot and Celo Network nodes, they directly invest into the tokens of these protocols.
Alexander Stefanov
Reporter at CoinsPress
Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over five years of experience covering the industry, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics - stay ahead of the curve with CoinsPress.
