Quantum

Bitcoin

Quantum Blockchain Technologies PLC, a trailblazer in the field of Bitcoin mining, has revealed their latest innovation dubbed 'Method C.' This cutting-edge technique harnesses the power of machine learning and artificial intelligence oracle technology to predict successful hashes in the Bitcoin mining process with approximately 30% accuracy. Such a leap in predictive capability could dramatically reduce energy consumption, a significant milestone given the current environmental and economic concerns associated with crypto mining, according to <a href="https://www.proactiveinvestors.com.au/companies/news/1043022/quantum-blockchain-announces-bitcoin-mining-method-c-using-ai-1043022.html">Proactiveinvestors</a>. 
As 'Method C' approaches the end of its laboratory testing phase, QBT is initiating discussions with major industry figures, including <a href="https://ultramining.com/news/en/senator-lummis-pushes-for-crypto-regulation-amid-sec-lawsuits/">U.S.</a>-based Bitcoin rig producers and mining firms, eyeing potential commercial and technical partnerships. This new method is distinct from QBT's previous inventions, 'Methods A and B,' which can be offered as a SaaS product to existing miners, whereas 'Method C' needs to be incorporated during the ASIC chip's manufacturing. 
Moreover, QBT is also venturing into developing its proprietary ASIC chip to serve as a testing ground for its innovative technologies aimed at disrupting the traditional Bitcoin mining approach. 
Francesco Gardin, CEO and Executive Chairman of QBT, expresses confidence in the AI and machine learning techniques being employed to enhance <a href="about:blank">SHA-256</a> algorithm performance for Bitcoin mining. The company is now concentrated on transforming 'Methods A, B, and C' into viable commercial offerings, overcoming the challenges of reverse engineering undocumented third-party ASIC chips. 
QBT's forward momentum is underscored by the anticipation of North American and Chinese Bitcoin mining and chip manufacturing companies eager for the live test results, especially of 'Methods A and B,' on current commercial mining rigs. With the redesign of these methods into a SaaS client-server cloud application, QBT is on the brink of entering the commercial stage, signaling a transformative era for Bitcoin mining technology.&nbsp;&nbsp;

QBT to Transform ASIC Manufacturing with New Mining Method

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