“Validate Process for Germany”: Telekom Launches Bitcoin Mining
Deutsche Telekom has initiated a pilot project to operate a Bitcoin mining infrastructure using surplus energy. In collaboration with Bankhaus Metzler, Deutsche Telekom's subsidiary MMS plans to collect field data and conduct follow-up projects. The electricity is expected to come from renewable sources that would otherwise remain unused due to a lack of storage capacity. This initiative aims to validate the mining process in Germany and could serve as a model for efficiently utilizing surplus energy.
Bitcoin Miners Need New Business Fields Amid Rising Costs – AI is One of Them
According to a report by Crypto News Flash, Bitcoin miners are being compelled to adapt their business models. The production cost of one Bitcoin has risen to an average of $49,500, and considering other factors, it can even exceed $96,000 per coin. To remain profitable, many companies are diversifying their revenue streams and investing in artificial intelligence (AI). Core Scientific, for instance, offers Nvidia GPU hosting and uses its infrastructure to support AI applications.
Researchers Warn Bitcoin Mining Bans Could Have Unintended Environmental Consequences
A report by Exponential Science warns that banning Bitcoin mining in countries with low carbon emissions might lead these activities to shift to regions more reliant on fossil fuels. This would increase global carbon output rather than reduce it. Researchers emphasize the need for a balanced regulatory approach when considering such measures.
Sources:
- Ist Bitcoin-Mining eine Lösung für Deutschlands Stromüberschuss?
- "Prozess für Deutschland validieren": Telekom startet Bitcoin Mining
- Bitcoinminer brauchen angesichts steigender Kosten neue Geschäftsfelder – KI ist eins davon
- Forscher sagen, dass Bitcoin-Mining-Verbote unbeabsichtigte Umweltfolgen haben können
