T-Mobile Deutsche Telekom announced that it intends to start mining Bitcoin (BTC), expanding upon its ongoing crypto-based activities.

The telecommunications firm has been operating a Bitcoin node since 2023 and is currently running Bitcoin Lightning Network nodes.

Speaking at BTC Prague, Dirk Röder, head of Web3 infrastructure and solutions at Deutsche Telekom, said: 

“Since 2023, we are running a Bitcoin node, and we are running Bitcoin Lightning nodes as well [...] I like to let you in on a little secret we will engage in digital monetary photosynthesis soon.”

Former Cointelegraph contributor Joseph Hall asked Röder if he could elaborate on the meaning of “digital monetary photosynthesis,”

“We will.”

T-Mobile already Web3 native

The firm has been actively involved in Web3 as a Polygon validator since June 2023, establishing its position to leverage its extensive infrastructure and secure new revenue streams.

Related: Germany’s Deutsche Telekom plugs in as Polygon validator

As one of 100 validators, Deutsche Telekom has provided staking and validation services on Polygon for over a year and helped support the platform’s proof-of-stake consensus mechanism.

Related: AI tokens rally amid Nvidia’s breakout earnings

Fetch.ai validator since February

In February, Fetch.ai, a decentralized artificial intelligence (AI) platform, partnered with Deutsche Telekom to establish enterprise AI. 

As a validator on the Fetch.ai blockchain, the telecommunications firm helps to support Fetch.ai’s AI-driven autonomous agents.

These autonomous agents provide services in healthcare, automotive, supply chain management and digital identities by managing resources, conducting transactions and analyzing traffic flows.

Related: Fetch.ai announces GPU rewards for tokenholders after $100M infrastructure investment