T-Mobile Deutsche Telekom announces Bitcoin mining plans at BTC Prague

T-Mobile Deutsche Telekom announced that it intends to start mining Bitcoin

BTC, expanding upon its ongoing crypto-based activities.

The telecommunications firm has been operating a Bitcoin node since 2023 and is currently running Bitcoin Lightning Network nodes.

Speaking at BTC Prague, Dirk Röder, head of Web3 infrastructure and solutions at Deutsche Telekom, said:

“Since 2023, we are running a Bitcoin node, and we are running Bitcoin Lightning nodes as well [...] I like to let you in on a little secret we will engage in digital monetary photosynthesis soon.”

T-Mobile already Web3 native

The firm has been actively involved in Web3 as a Polygon validator since June 2023, establishing its position to leverage its extensive infrastructure and secure new revenue streams.