Deutsche Telekom, Europe's largest telecommunications provider based in Germany, has announced it will start mining Bitcoin in the near future.
Dirk Röder, head of infrastructure and Web3 solutions at Deutsche Telekom subsidiary T-Systems MMS, revealed this information while wearing a T-shirt with the company's logo and Bitcoin theme.
He referred to the mining process as "digital monetary photosynthesis" and shared that the company has been running a Bitcoin node since 2023.
When asked by Joe Nakamoto, an influential Bitcoin figure, whether T-Mobile (a subsidiary of Deutsche Telekom) will be involved in Bitcoin mining, Röder confirmed that it will.
Deutsche Telekom's involvement in the crypto space goes beyond Bitcoin. In 2022, the company announced partnerships with several blockchains, including Polkadot, Flow and Celo, where they operate nodes and have invested in its tokens.