Largest European Telecom Begins Bitcoin Mining Using Excess Energy

Deutsche Telekom, Europe’s largest telecommunications provider, has announced a pioneering pilot project to operate Bitcoin mining infrastructure using surplus renewable energy. The initiative is a collaboration between Deutsche Telekom subsidiary MMS and Bankhaus Metzler, aiming to utilize excess electricity that would otherwise remain unused due to grid limitations or lack of storage solutions. Deutsche Telekom Starts Bitcoin Mining With the increasing integration of renewable energy sources like wind and solar into the power grid, energy production has become more irregular, leading to challenges in grid stabilization. The pilot project seeks…

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