6 May 2026
Quantum Blockchain Technologies Plc
( “ QBT ” or “
the Company ”)
Update on Method C AI Oracle Porting and MDK Testing
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 provide an update on the
ongoing development and testing of its Method C AI Oracle software on the ASIC
manufacturer ’ s mining rig and Mining Development Kit (
“ MDK”).
Further to the Company ’ s announcement of 8 April 2026,
QBT confirms continued progress on its accelerated testing strategy, aimed at
demonstrating the performance of its AI Oracle.
Key Technical Progress
The Company has now achieved three important milestones which establishes a
fully operational testing environment:
• Modification of
the mining rig operating system, including changes to the micro-controller
code, enabling the generation of structured mining data streams to feed the AI
learning engine;
• Completion of
the AI Oracle integration within the server-side operating system, allowing
mining jobs to be intercepted, analysed and optimised before execution; and
• Successful
assembly and activation of the ASIC manufacturer ’ s MDK,
enabling live testing and real-time data collection in QBT ’
s laboratory.
Together, these developments allow QBT to operate a complete end-to-end test
architecture in which the AI Oracle evaluates mining jobs and selectively
executes only the most promising hashes, with the goal of improving mining
efficiency.
Testing Progress and Timeline
Data collection is now underway and represents a critical step towards
training the AI models. As data volumes increase, QBT expects to:
• initiate neural network
training;
• generate ASIC-specific AI
models;
• conduct extended
validation testing; and
• deliver preliminary
performance results, followed by a live demonstration.
The MDK-based approach has accelerated the early stages of testing compared to
the original plan; however, further time and data is required for model
training and validation to ensure robust and reliable preliminary results.
Industry Engagement
The Company also confirms that QBT representatives met with the ASIC
manufacturer at the recent Bitcoin 2026 conference, where progress was
presented and the next phases of development were agreed. Further positive
discussions were held with other key industry representatives, proving a
growing interest in the AI Oracle among ASIC manufacturers.
Next Steps
QBT ’ s immediate focus is on expanding data collection,
refining the AI model and progressing towards preliminary results. In
parallel, the Company continues to work on porting the AI Oracle directly onto
a mining rig control board, which remains a key commercial
objective.
Francesco Gardin, CEO and Executive Chairman of QBT, commented,
“ We are making solid progress in establishing a
fully operational testing environment for Method C and are now generating the
data required to train and refine our AI models. The combination of
system-level changes, successful integration of the AI Oracle and activation
of the MDK allows us to accelerate testing and move closer to demonstrating
real-world performance.
“I was also pleased to meet with the ASIC manufacturer at Bitcoin 2026,
where we presented our progress and aligned ourselves on the next stages of
development. We look forward to reporting preliminary results to this company
within the next couple of weeks.”
-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
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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