Quantum Blockchain Technologies PLC CEO Francesco Gardin talked with Proactive's Stephen Gunnion about progress in optimising bitcoin mining through the company’s AI-based methods A, B, and C.
Gardin confirmed ongoing negotiations with two partners to port methods A and B onto aftermarket control boards for mining rigs. He stated these discussions are expected to conclude post-summer. One of the unnamed partners, he noted, is already running thousands of miners using their own aftermarket boards. “So small increases and zero energy costs, which is the magic word,” Gardin explained.
He described the performance of method A, which can boost hashing power by approximately 3% with no extra energy. While this figure may appear modest, Gardin stressed its economic value: “30 bitcoin is $3 million now... at no extra energy cost.” He reported that mid-sized miners reacted strongly to the solution, saying it could shift operations from breakeven to profitable.
Method C, still under development, could offer up to a 30% performance gain but requires integration with ASIC chip manufacturers. Gardin noted that chip redesigns are already underway and once validated, the company’s IP could be included in the next generation of ASIC chips.
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