This week at the BTC Prague conference, Deutsche Telekom’s subsidiary T-Systems MMS announced its operation of a Bitcoin node and a Lightning Network node. Deutsche Telekom, Europe’s largest telecommunications provider and the parent company of T-Mobile, also shared plans to mine bitcoin.
T-Mobile Owner Deutsche Telekom Unveils Bitcoin and Lightning Network Node Operations
This article was published more than a year ago. Some information may no longer be current.
WRITTEN BY
SHARE
BTC Prague Conference: T-Mobile Owner Operates a Bitcoin Node, Plans to Mine the Leading Crypto
Dirk Röder, T-Systems MMS Web3 lead, revealed at BTC Prague that the firm has been operating both a Bitcoin and Lightning Network node since 2023. Röder, representing the German IT service provider, explained that T-Systems MMS has supported the Bitcoin network since last year. Deutsche Telekom and its subsidiaries are not new to blockchain technology; they have previously announced support for Polygon and Ethereum, along with a few other blockchain networks.
Last year, Röder stated that Deutsche Telekom’s business model is straightforward. “We provide our cloud infrastructure for blockchain networks such as Ethereum or Polkadot. These are so-called ‘ nodes,’ for example nodes in the network that record transactions and thereby secure the blockchain as ‘guardians.’”
Röder added:
We are, so to speak, an enabler for the ‘ blockchain highways.’ For this service, we get paid in cryptocurrencies. At the same time, we give Web3 the necessary security for future applications.
The Web3 lead was also asked if the company would mine bitcoin ( BTC) and Röder responded that they plan to. By expanding its role beyond node operation to potentially mining bitcoin, Deutsche Telekom aims to significantly bolster the blockchain industry and infrastructure of Web3.
What do you think about Deutsche Telekom’s Bitcoin node announcement? Share your thoughts and opinions about this subject in the comments section below.
