Deutsche Telekom, the largest telecommunications provider in Europe, is about to venture into Bitcoin mining. The company has announced a new Bitcoin mining project that utilizes excess electricity from renewable energy sources, which would otherwise go to waste. This new Bitcoin mining project is named "Digital Monetary Photosynthesis" and is developed in collaboration with Deutsche Telekom's subsidiary MMS and Metzler Bank.

According to BlockBeats, on November 4, Cointelegraph reported that Deutsche Telekom is set to venture into Bitcoin mining. Germany's largest telecommunications service provider, Deutsche Telekom, has announced a new Bitcoin mining project that utilizes excess electricity from renewable energy sources, which would otherwise go to waste. This new Bitcoin mining project is called "Digital Monetary Photosynthesis" and is developed in collaboration between Deutsche Telekom's subsidiary MMS and Metzler Bank.

Deutsche Telekom Enters Bitcoin Mining Using Renewable Energy