RE: industry leading potential5 Jan 2022 16:22
The importance of the recent Asic UltraBoost patent filing or more specifically it's potential value has yet to be added.
ASIC UltraBoost looks to improve the algorithmic efficiency of Bitcoin mining
by proposing 3 specific variants to the SHA256 message scheduler for the 3
instances of SHA256 in Bitcoin mining. These Optimal SHA256 Message Schedule
Variants result in faster and more efficient Bitcoin mining by eliminating the
redundant computations within the SHA256 message schedule specific to Bitcoin
mining.
As such, the calculation of the midstates alongside the calculation of the
message digest is significantly optimised.
ASIC UltraBoost reduces the Message Schedule calculations for the 3 iterations
of SHA256 by approximately 20%.
The SHA256 function being a combination of the message schedule and the
compression function, when considering the optimisations of ASIC UltraBoost
for the entire SHA256 function, the number of operations across the 3
iterations of SHA256 are reduced by approximately 7%.
More accurate results, including an overall percentage improvement will be
available when ASIC UltraBoost is implemented in hardware.
https://www.bloomberg.com/press-releases/2021-09-30/quantum-blockchain-technologies-plc-asic-ultraboost-patent-application
MARA is estimated to have a little over 1% of total BTC hash and mined back to back BTC today. They have just purchased close to $1Billion in new rigs for del this year. What price would they put on an extra 7% optimization ?
https://btc.com/btc/blocks
QBT prove up the Asic UltraBoost and confirm it's working optimization and how it can be implemented into existing BTC farms and it's Rockets, Rockets and more Rockets here.
Really keen to see what happens here....
Sign In
Follow the stocks
