close

Quantum Blockchain Technologies CEO upbeat on prospects for bitcoin mining "boosters"

--News Direct--

Quantum Blockchain Technologies PLC (AIM:QBT) chairman and CEO Francesco Gardin speaks to Thomas Warner from Proactive about ongoing discussions between the software and ASIC chip developer and a number of the largest North American cryptocurrency miners.

The miners have been providing Quantum Blockchain with a number of the most commonly used mining rigs available in the market for the company to study and implement the porting of its Method A and Method B chip enhancements. Gardin explains the ideas behind the Method A and Method B enhancements, likening them to "boosters" for the crypto mining process.

He says Method A seamlessly integrates with Intel-based mining rigs, thanks to their cooperation, while Method B has required intricate reverse engineering. Gardin says that his current focus is on business development, liaising with major miners in North America, and fine-tuning product engineering.

He expects that the next major milestone for the company will be to implement Method B in partnership with a functioning mining rig. Quantum Blockchain Technologies remains dedicated to guarding their intellectual property, ensuring their innovation remains a closely-held secret akin to Coca Cola's recipe.

Contact Details

Proactive UK Ltd

+44 20 7989 0813

uk@proactiveinvestors.com

View source version on newsdirect.com: https://newsdirect.com/news/quantum-blockchain-technologies-ceo-upbeat-on-prospects-for-bitcoin-mining-boosters-583887416

More News

View More

Recent Quotes

View More
Symbol Price Change (%)
AMZN  228.43
+0.00 (0.00%)
AAPL  270.97
+0.00 (0.00%)
AMD  214.95
+0.00 (0.00%)
BAC  55.88
+0.00 (0.00%)
GOOG  311.33
+0.00 (0.00%)
META  661.50
+0.00 (0.00%)
MSFT  484.92
+0.00 (0.00%)
NVDA  183.60
-0.09 (-0.05%)
ORCL  198.38
+0.00 (0.00%)
TSLA  489.08
+0.35 (0.07%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.

Starting at $3.75/week.

Subscribe Today