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.