Tag: pilot
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Deutsche Telekom and Bankhaus Metzler Launch Pilot Project to Power Bitcoin Mining with Surplus Renewable Energy in Germany
Deutsche Telekom’s industry-focused subsidiary, Telekom MMS, has joined forces with the storied private banking institution Bankhaus Metzler to initiate a pioneering pilot project that utilizes Bitcoin mining as a mechanism for stabilizing the German energy grid. This strategic collaboration aims to address the inherent volatility of renewable energy production by deploying Bitcoin mining rigs to…
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