Home Crypto Deutsche Telekom announces plans to mine Bitcoin at BTC Prague

Deutsche Telekom announces plans to mine Bitcoin at BTC Prague

by Editorial Staff
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T-Cell Deutsche Telekom has introduced that it intends to begin mining Bitcoin (BTC), increasing its present crypto-based operations.

The telecommunications agency has operated a Bitcoin node since 2023 and at present operates the Lightning Community Bitcoin nodes.

Talking at BTC Prague, Dirk Roeder, Head of Infrastructure and Web3 Options at Deutsche Telekom, stated:

“Since 2023, we have now been working with the Bitcoin node in addition to the Bitcoin Lightning nodes. […] I would prefer to allow you to in on just a little secret that we’ll quickly be doing digital financial photosynthesis.’

Former Cointelegraph worker Joseph Corridor requested Raeder if he might discuss concerning the that means of “digital financial photosynthesis,”

“We are going to.”

Supply: Daniel Sempere Pico

T-Cell is already native to Web3

The agency has been actively concerned in Web3 as a Polygon validator since June 2023, positioning itself to leverage its intensive infrastructure and supply new income streams.

Associated: Germany’s Deutsche Telekom joins as a Polygon validator

As one of many 100 validators, Deutsche Telekom has been offering betting and verification providers on Polygon for over a yr and has helped assist the platform’s bid validation consensus mechanism.

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Fetch.ai validator since February

In February, Fetch.ai, a decentralized synthetic intelligence (AI) platform, partnered with Deutsche Telekom to construct enterprise AI.

As a validator on the Fetch.ai blockchain, the telecommunications agency helps assist Fetch.ai’s autonomous AI-driven brokers.

These autonomous brokers present providers in healthcare, automotive, provide chain administration and digital identification by managing sources, conducting transactions and analyzing site visitors flows.

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