Dominoes Falling.Dominoes Falling.
BREAKING: Telecom Giant and T-Mobile Parent Deutsche Telekom plans to mine Bitcoin.
Telecommunication giant Deutsche Telekom, (parent company of T-Mobile) announced that it has been running a Bitcoin node since 2023.
Speaking at Bitcoin Prague, Dirk Röder Head of web3 infrastructure at T-Mobile had this to say:
“Since 2023, we [have been] running a Bitcoin node and we are running Bitcoin Lightning nodes as well.”
But it doesn’t stop there…
Dirk Röder closed out his presentation with the following:
“With a heart full of… pride, I would like to let you in on a little secret; we will engage in digital monetary photosynthesis soon.”
If you’re like me you are probably wondering what on earth “digital monetary photosynthesis” even means.
Dirk clarifies:
“Is T-Mobile mining Bitcoin?” Dirk replied “We will”.
That is HUGE.
T-Mobile is one of the largest US telco’s with a market cap of ~$208 billion.
And now they’ve decided to join the Bitcoin mining game…
Such a cumbersome term - digital monetary photosynthesis
I’m still not sure what he meant. Got any idea?