Quantum Block Share News (QBT)

(Sharecast News) - Quantum Blockchain Technologies said on Wednesday that it has accelerated the live testing timeline for its AI-driven Bitcoin mining software by adopting a new approach that bypasses full hardware integration.

The AIM-traded company said it had connected its 'Method C' AI Oracle software directly to an ASIC manufacturer's Mining Development Kit, avoiding the need to integrate the system onto the mining rig's control board.

It said the workaround was expected to shorten testing timelines and allow preliminary results to be delivered by the end of April.

Under the revised approach, QBT said it had modified the ASIC manufacturer's CGminer-like operating system to intercept incoming mining jobs from the mining pool and route them through the AI Oracle.

The system then selected the most efficient hashes to execute, improving mining performance.

It said the operating system had already been successfully tested on an Intel x86 server at its Milan University laboratory and by its development team in Oregon.

Data collection from the mining rig was now underway in Milan, with neural network training to begin once sufficient data was gathered, followed by the creation of ASIC-specific AI models.

QBT added that, despite the accelerated process, it would continue a parallel project aimed at fully deploying the AI Oracle directly onto mining rigs.

The company also said the new approach could support further testing on additional platforms, including Antminer S9 and Bitaxe Gamma rigs, as part of future customer demonstrations.

"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," said chief executive and executive chairman Francesco Gardin.

"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."

At 1126 BST, shares in Quantum Blockchain Technologies were up 2.28% at 0.48p.

Reporting by Josh White for Sharecast.com.

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