Deutsche Telekom Launches Pilot Project for Bitcoin Mining Using Surplus Renewable Energy
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Nov 04 2024Deutsche Telekom's Pilot Project: Deutsche Telekom is launching a pilot project in collaboration with Bankhaus Metzler to utilize surplus renewable energy for Bitcoin mining, addressing energy grid stability issues in Germany during fluctuating production periods.
Sustainable Energy and Blockchain Integration: The initiative aims to convert excess electricity from renewable sources into Bitcoin, enhancing operational efficiency in the energy sector while promoting blockchain technology applications in financial services.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
