Dutch Telco Giant Launches Bitcoin Mining Pilot Using Renewable Energy ...Middle East

T-Systems Multimedia Solutions (MMS), a subsidiary of Deutsche Telekom (T-Mobile’s parent company), launches a Bitcoin mining pilot using renewable energy.  The company announced the development today, noting that it has partnered with private bank Bankhaus Metzler for the initiative. According to the announcement, the pilot aims to gather relevant data on stabilizing Germany’s energy grid during high fluctuations.  Deutsche Telekom Taps Bitcoin Mining to Stabilize Germany Power Grid  The initiative was introduced to regulate power in Germany due to the variable outputs from renewable energy. Specifically, the announcement acknowledged that solar and wind-powered renewable energy sources us

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