Extracts from March 10th RNS : ASIC -2nd Patent + Infrastructure5 Apr 2022 12:17
ASIC Development and Second Patent
*Drafting of the technical document for the Company's second patent application
is now complete and implementation on an FPGA is nearly finished.
*Results of the “overall performance achieved by the combination of the optimisations from the first and the second patent” will be obtained for the final FPGA code
shortly.
*The Company plans to conduct tests using the new optimisations within
an ASIC development environment, to provide more accurate measurements with
respect to energy consumption and mining speed, on a 5nm ASIC, which is the
Company's ultimate goal.
*The Company is working with two independent partners to conduct verification
tests on the final performance of QBT's prototype ASIC. Their role is also to
advise on how best to achieve efficiencies in coding, in order to best exploit
the specific manufacturing technologies of individual silicon fabricators, when
it comes to manufacturing of the prototype chips.
*Quantitative performance data will be available within a few weeks.
——————
IT infrastructure
*The Company's IT infrastructure is now fully operational.
*Solo mining activities, created to test AI accelerated miners, running on CPU, GPU and FPGA are currently being finalised.
*The Company will provide the results of these tests once testing has been completed.
Francesco Gardin, CEO and Executive Chairman of QBT, commented: "We have made
impressive progress on all our core R&D areas.
Field Testing
*We will now start field testing our optimisations of BTC mining in the next few weeks.
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