Deutsche Telekom’s MMS to test Bitcoin mining using surplus renewable energy in Germany; Bitcoin miners now use AI as solo mining costs reach $96K per coin.

🚨🇩🇪EUROPE’S LARGEST TELECOM TO PILOT BITCOIN MINING WITH SURPLUS RENEWABLE ENERGY

Deutsche Telekom’s subsidiary MMS, in partnership with Bankhaus Metzler, has launched a pilot project in Germany to use surplus renewable energy for Bitcoin mining.

The initiative aims to… pic.twitter.com/j2nxpTk43I

— Mario Nawfal (@MarioNawfal) November 4, 2024

BITCOIN MINERS TURN TO AI AS COSTS OF SOLO MINING SOAR

Mining BTC is pricier than ever—some firms pay up to $96K to mint one coin.

So miners like Core Scientific and Hive are flipping GPUs to AI for more gains.

From Bitcoin to high-performance AI, they’re dodging Bitcoin’s… pic.twitter.com/VjeCmNC8aC

— Mario Nawfal’s Roundtable (@RoundtableSpace) November 4, 2024