Telecom Giant and T-Mobile Parent Deutsche Telekom Plans to Mine Bitcoin

Deutsche Telekom, parent company of T-Mobile, plans to venture into Bitcoin mining, announced Dirk Röder at BTC Prague. The move, amidst a volatile mining landscape post-2021’s bull market and subsequent halving, marks a significant shift. While bolstering industry sentiment, concerns arise over intensified competition for existing miners. Deutsche Telekom’s extensive involvement in digital assets, including running Bitcoin and Lightning nodes since 2023, underscores its evolving role in blockchain technologies.

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