close

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

ⓘ This article is third-party content and does not represent the views of this site. We make no guarantees regarding its accuracy or completeness.

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

Report this content

If you believe this article contains misleading, harmful, or spam content, please let us know.

Report this article

More News

View More

Recent Quotes

View More
Symbol Price Change (%)
AMZN  264.14
-3.08 (-1.15%)
AAPL  300.23
+2.02 (0.68%)
AMD  424.10
-25.60 (-5.69%)
BAC  49.77
-0.08 (-0.16%)
GOOG  393.32
-3.85 (-0.97%)
META  614.23
-4.20 (-0.68%)
MSFT  421.92
+12.49 (3.05%)
NVDA  225.32
-10.42 (-4.42%)
ORCL  192.95
-2.66 (-1.36%)
TSLA  422.24
-21.06 (-4.75%)
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