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  222.55
-10.32 (-4.43%)
AAPL  267.44
-0.02 (-0.01%)
AMD  230.29
-10.23 (-4.25%)
BAC  51.64
+0.16 (0.31%)
GOOG  284.96
-0.64 (-0.22%)
META  597.69
-4.32 (-0.72%)
MSFT  493.79
-13.70 (-2.70%)
NVDA  181.36
-5.24 (-2.81%)
ORCL  220.49
+0.63 (0.29%)
TSLA  401.25
-7.67 (-1.88%)
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