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Deutsche Telekom Becomes Validator on Theta Network
Deutsche Telekom Joins Theta Network as Validator Node
- Deutsche Telekom has become a validator node operator on the Theta Network, marking its first involvement in blockchain validation.
- It joins major companies like Google, Samsung, and Sony in securing and validating transactions on Theta's native L1 network.
- Validators are required to stake THETA tokens and earn TFUEL as rewards.
- The move aligns with Deutsche Telekom's focus on reliable and secure infrastructure, as noted by Dirk Roeder, Head of Telekom MMS Web3 Infrastructure and Solutions.
Previous Initiatives: Bitcoin Mining with Renewable Energy
- In 2024, Deutsche Telekom collaborated with Bankhaus Metzler on a pilot Bitcoin mining project using surplus renewable energy.
- The project operated at Riva GmbH Engineering in Backnang, utilizing photovoltaic systems for mining operations.
- Telekom MMS contributed its expertise in Web3 technology, while Metis Solutions GmbH managed the mining infrastructure.
- Bankhaus Metzler handled the financial aspects of the initiative.