close

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

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

More News

View More

Recent Quotes

View More
Symbol Price Change (%)
AMZN  225.68
-4.62 (-2.01%)
AAPL  271.66
+1.96 (0.73%)
AMD  261.09
-3.24 (-1.23%)
BAC  53.16
+0.58 (1.10%)
GOOG  285.38
+10.21 (3.71%)
META  680.02
-71.65 (-9.53%)
MSFT  525.49
-16.06 (-2.97%)
NVDA  203.15
-3.89 (-1.88%)
ORCL  259.49
-15.81 (-5.74%)
TSLA  444.75
-16.76 (-3.63%)
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