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Deutsche Telekom MMS has started an exclusive partnership with Bankhaus Metzler for a pilot project operating a $BTC mining infrastructure by utilizing surplus energy. The collaboration targets using the electricity coming from renewable sources of energy. The platform disclosed this development on its official web portal.
Telekom’s Pilot Project for $BTC Mining Infrastructure Uses Renewable Energy
Telekom pointed out that the pilot project using renewable energy for $BTC mining infrastructure is a significant step. The project reportedly aims to offer authentic field data as well as insights for the planning of more projects. With the spike in the production of energy from such sources, the requirement to regulate the energy grid also increases. This is because the production irregularly heightens in line with the weather.
Especially via wind and photovoltaic power, the surplus energy’s amount is increasing. The respective regulating power via $BTC mining is effectively practiced across the rest of the countries. They take into account Finland and the United States of America. The pilot project reportedly focuses on the validation of the procedures for Germany.
Because of the flexible load, the $BTC miners could contribute a lot in balancing the demand and supply levels in the power grid. The long-term objective deals with utilizing the data coming from the pilot project for the energy grid’s stabilization during the fluctuations.
The Partners Aim to Delve in the Exclusive Financial Possibilities Concerning Digital Assets
Metis Solutions GmbH from Dresden is responsible for managing the hosting of $BTC miners for the above-mentioned pilot project. The locations of mining containers are situated within Riva GmbH Engineering’s premises in Backnang. Both collaborators intend to further explore the possibilities concerning the financial services that take into account the digital asset sector.