Disruptive Bitcoin Mining System19 Jan 2025 19:25
While QBT's main goal is to develop disruptive Bitcoin mining systems with a significant competitive advantage in mining activity, selected partners will have access to proprietary mining hardware and software, as well as mining pool and data services.
Unlike current standard BTC mining approach, based on a search, where the mining rig runs as many Tera hashes per second as possible, during the circa 10 minutes allowance for each block, with no special criteria on which hashes to process first, also described as brute force, or blind search, QBT’s Method C, organised as an Oracle, decide for each specific instance of an header whether it is likely to generate a wining hash, or not.
Method C performs a real time assessment of different header’s parameters before submitting them to SHA-256 and decides whether they are worth processing, or can be skipped. This approach avoids processing a large number of hashes, obtaining the target result, u.e. the a winning hash, in less time.