REG-Quantum Blockchain Technologies Plc: Delivery of Bitcoin Mining Rig

Quantum Blockchain TechnologiesAnnouncement

Yesterday 07:02

6 March 2026

 

 

Quantum Blockchain Technologies Plc

("QBT" or "the Company")

 

 

Method C Software AI Oracle

Porting onto First Third-Party Mining Rig

 

Quantum Blockchain Technologies plc (AIM: QBT), the AIM-listed investment
company focused principally on a research, development and investment
programme within blockchain technology is pleased to           confirm that
the first Bitcoin mining rig has been shipped by one of the three ASIC
manufacturers with whom the Company is seeking to partner.

 

Initial testing of the nominal specifications by the Company's US-based
consultants has also been completed; therefore, the delivery of the rig to
QBT's laboratory at Milan University is currently being arranged and the rig
is expected to arrive in Italy within the next week. In parallel, source code
and technical documentation have been made available to QBT by the ASIC
manufacturer.

 

QBT's R&D team has begun to analyse the rig's unique software code and the
ASIC's architecture in order to implement the porting of the software version
of Method C AI Oracle onto the mining rig's operating system as soon as
possible.

 

Unlike the hardware version of the Method C AI Oracle, the software version
has the advantage of being able to perform its task on the rig's control
board, rather than being embedded into the ASIC, saving more than one year of
collaborative work. Further, the software version of the AI Oracle is able to
assess the entire `job' received by the mining pool and its allowed variants
(also called the meta-header), rather than individually assessing single bits
of various key regions of the header, hence the ability to run the software AI
Oracle on the control Board, rather than on the ASIC.

 

In order to expedite the development, the ASIC manufacturer has provided QBT
with an MDK (Mining Development Kit), where the control of the hashing board
connected to a computer server takes place on the server itself, rather than
the mining rig, making it                      easier to port the AI Oracle
and to test it in the initial phase. This method also provides greater
flexibility to a standard operating system on a general purpose computer
server, compared to the limited functionalities of a dedicated operating
system of a mining rig.

 

The porting and testing of the software's AI Oracle on mining rigs is a
three-step process:
1.            Data collection of the ASIC Hashing behavior, to train the AI
Oracle          
2.            Integration of the AI Oracle with the existing mining rig's
software environment          
3.            Testing and fine tuning of AI Oracle's performance during live
mining
 

QBT has allocated a team of seven experts to the project in order to execute
the live testing and provide the results (which are anticipated to show an
increased quality hashing performance of the mining rig) to the manufacturer
as quickly as possible.

 

 

Francesco Gardin, CEO and Executive Chairman of QBT, commented                
   , "Although it has taken a long time to reach this point, we are delighted
that we have received the first Bitcoin mining rig and MDK with which to prove
the enhanced mining efficiency of our AI Oracle software. To give us the best
chance of success, we are focusing on testing the rigs of one manufacturer at
a time, in order to shorten this current phase in the commercialisation of our
products.

 

This key step of the process will hopefully allow the Company to finally
deploy its AI technology on one of the most advanced mining rigs currently on
the market. A successful outcome in our Milan lab, will, we believe, be the
pre-condition to entering into contractual discussions with the ASIC
manufacturer."

 

-ends-

 

For further information please contact:

 

Quantum Blockchain Technologies Plc                               +39 335
296573

Francesco Gardin, CEO and Executive Chairman

 

SP Angel Corporate Finance                               (Nominated Adviser &
Broker)                     +44 (0) 20 3470 0470

Jeff Keating/ Caroline Rowe / Devik Mehta

 

Leander                                                    (Financial PR)    
                +44 (0) 7795 168 157

Christian Taylor-Wilkinson

 

 

About Quantum Blockchain Technologies Plc

 

QBT (AIM: QBT) is a London Stock Exchange AIM listed Research & Development
and investing company focused on an intensive R&D programme to disrupt the
Blockchain Technologies sector which includes, cryptocurrency mining and other
advanced blockchain applications. The primary goal of the R&D programme is to
develop Bitcoin mining tools and techniques, via its technology-driven
approach, which the Company believes will significantly outperform existing
market practices.

 

 

 



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