We’ve previously reported on Deutsche Telekom‘s operating nodes and staking services for multiple blockchains – 14 and counting. From a strategic perspective, it views this as a modern version of traditional telecom infrastructure services. Deutsche Telekom’s Dirk Röder revealed that the telecoms company already operates Bitcoin and Lightning network nodes and plans to mine Bitcoin. He was talking at the BTC Prague event on Friday.
However, a Deutsche Telekom spokesperson emphasized to Ledger Insights that the nature of the work is about infrastructure rather than investment. With most blockchains switching to proof of stake, Bitcoin’s proof of work is far more energy hungry with the ongoing debate about the sheer quantity of energy it uses.
Deutsche Telekom plans to run a pilot to explore how to reduce Bitcoin mining’s energy impact on the environment. It involves adapting the Bitcoin mining rigs to the available energy supply in seconds. In other words, if there’s a general energy shortage, then bitcoin rigs would presumably power down. If there’s excess energy, it will use it for mining. This was compared the Texas energy stabilization models.
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