German tradFi giants confirm trial to mine Bitcoin with surplus energy to stabilize grid
CAT
1 min read
German telecom giant Deutsche Telekom has partnered with Germany’s oldest bank, Bankhaus Metzler, to launch a pilot project testing Bitcoin mining infrastructure powered by surplus renewable energy. The initiative aims to utilize excess electricity from renewable sources that would otherwise remain unused due to grid limitations or insufficient storage options. Per the announcement on Monday, Nov. 4, […]
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German tradFi giants confirm trial to mine Bitcoin with surplus energy to stabilize grid
