Quantum Blockchain Technologies PLC (AIM:QBT, FRA:BYA1) CEO Francesco Gardin talked with Proactive’s Stephen Gunnion about the company’s latest progress in deploying its technology for bitcoin mining, including receiving its first mining rig and the integration of its Method C AI Oracle. Gardin explained that the rig is currently undergoing testing in Oregon before being shipped to the company’s Milan laboratory. The testing process ensures the system meets specifications before it is transported internationally.
According to Gardin, “right now the mining rig is in Oregon and we are about to ship it today or tomorrow.” Once the rig arrives in Milan, the company will focus on integrating the Method C AI Oracle software with the ASIC mining hardware. Gardin described how the Oracle can work with different ASIC systems, although the data used to train the model varies depending on the specific chip architecture. He also outlined how the company’s research and development team has refined the Method C approach by extracting key information from block headers that remains consistent during mining processes.
This enables the AI model to make predictions while using less data than previously expected, a development Gardin described as “an outstanding piece of work” from the R&D team. Seven members of the company’s R&D team have been prioritised to complete the integration work. Gardin noted that early testing and manufacturing of the ASIC-based system could take around four to six weeks, although timing may vary due to the complexities of new software and hardware development.
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