Quantum Blockchain Technologies Plc (AIM: QBT) has taken delivery of its first Bitcoin mining rig from an ASIC manufacturer, along with a Mining Development Kit, allowing its research and development team to begin integrating the software version of its Method C AI Oracle with the machine’s operating system.
The software-based approach offers several advantages over the hardware version, as it runs directly on the rig’s control board. This could shorten development time by more than a year and enable the system to analyse the entire mining job received from the pool.
The company has assigned a team of seven specialists to accelerate the porting and testing programme, which will follow a three-stage process. The goal is to demonstrate improved hashing performance and potentially open the door to commercial discussions with the ASIC manufacturer.
According to the company, the software-based version of Method C can run on the rig’s control board rather than being embedded directly into the ASIC chip. This approach could shorten development time by more than a year compared with a hardware integration process.
The software also enables analysis of the entire mining “job” and its potential variations, rather than examining only individual parts of the block header, which could broaden the scope of testing.
QBT has assigned a team of seven specialists to the project. The next phase will involve collecting operational data, integrating the software and conducting live mining performance tests.
Gardin said that a successful outcome at the Milan laboratory could pave the way for contractual negotiations with the ASIC manufacturer.
