Deutsche Telekom’s Subsidiary Enters Bitcoin Mining to Aid Germany’s Energy Sector

Deutsche Telekom’s subsidiary MMS (T-Systems MMS) has embarked on a pilot project with Bankhaus Metzler to mine Bitcoin using surplus renewable energy, aiming to support Germany’s energy stability. This initiative, which taps into excess power generated by sources like solar and wind, aligns with a broader mission to leverage blockchain technology for efficient, eco-friendly energy usage. The project has MMS utilizing its Web3 infrastructure expertise to operate the mining systems, while Bankhaus Metzler explores opportunities for digital asset financial services. If successful, the partnership may scale up, further integrating blockchain in Germany's renewable energy sector.

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