Deutsche Telekom, Europe’s largest telecommunications supplier, is ready to enterprise into Bitcoin mining. This announcement was made by Dirk Röder, head of Web3 infrastructure and options at T-Techniques MMS, a Deutsche Telekom-owned subsidiary, through the BTC Prague convention on Friday.

Röder, who sported a shirt that includes a pink Bitcoin graphic styled after Deutsche Telekom’s emblem, revealed the corporate’s plans with evident enthusiasm. “Since 2023 we [have been] running a Bitcoin node and we are running Bitcoin Lightning nodes as well,” he acknowledged. Röder then hinted at an upcoming enterprise, saying, “And 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.”

This cryptic announcement prompted Bitcoin influencer Joe Nakamoto to hunt clarification, immediately asking, “So is T-Mobile mining Bitcoin?” To which Röder responded succinctly, “We will.”

Deutsche Telekom’s foray into the cryptocurrency area is not confined to Bitcoin. The corporate has been steadily growing its involvement in numerous blockchain initiatives. In 2022, Deutsche Telekom prolonged its assist to the Ethereum community by working validator nodes and collaborating with the liquid staking protocol StakeWise, becoming a member of its governance DAO. This transfer was in keeping with the corporate’s technique, which incorporates working a validation node for the Polygon community and supporting the Q and Chainlink blockchain networks. The agency additionally function nodes on the Polkadot and Celo networks and makes direct investments in these protocols’ tokens.