PR Newswire
LONDON, United Kingdom, April 08
8 April 2026
Quantum Blockchain Technologies Plc
(«QBT» or «the Company»)
Update on ASIC Manufacturer AI Oracle Test
Quantum Blockchain Technologies plc (AIM: QBT), the AIM-listed investment
company, is pleased to announce that it has found a way to accelerate the live
testing of its Method C AI Oracle software on the mining rig of the ASIC
manufacturer, the loan of which QBT announced on 6 March 2026. This work around
is expected to shorten live-testing timelines and deliver earlier preliminary
results of the AI Oracle which the Company now expects to receive by the end of
April 2026.
The approach has been made possible by connecting the AI Oracle directly to the
ASIC manufacturer’s Mining Development Kit («MDK») thereby avoiding the time
-consuming process of fully integrating the AI Oracle onto the mining rig.
The use of the MDK circumnavigates the need to translate and optimise the AI
Oracle for the ASIC control board which, whilst feasible, is a time consuming
task. Instead, QBT has succeeded in modifying the CGminer-like operating system
of the ASIC manufacturer’s rig to intercept all incoming mining jobs from the
mining pool which are then passed to the AI Oracle with the result that only the
best hashes are executed thereby enabling more efficient Bitcoin mining.
The ASIC manufacturer’s CGminer-like operating system has already been
successfully tested on an Intel x86 family server in the Company’s Milan
University laboratory and by its Oregon development team. This process bypasses
the activities normally performed on the rig’s hashboards; instead replicating
them via a cable connected directly to the server.
Data collection from the mining rig has started at QBT’s Milan laboratory. When
the minimal critical mass of data has been generated, the training of the neural
networks will begin, followed by the generation of the AI software model
specific to the ASICs on the third-party’s hashboard.
Notwithstanding the accelerated process’ successful implementation, the
objective of deployment of the AI Oracle onto the mining rig remains a key
objective and the Company will be running a parallel project to also achieve
this aim.
Francesco Gardin, CEO and Executive Chairman of QBT, commented, «Connecting the
AI Oracle directly to the hashboard of the MDK enables QBT’s development team to
start live-testing immediately once the new AI Oracle is generated from the data
collected from the mining rig. Moreover, we also believe that this solution will
speed up our internal testing on the Antminer S9 and the Bitaxe Gamma mining
rigs, which are both additional targets for the Company’s future customer
demonstrations.
«I am, therefore, extremely pleased that this development shortcut will
potentially allow QBT to provide its preliminary results earlier than expected.»
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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