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LONDON - Quantum Blockchain Technologies plc (AIM:QBT) announced Thursday it is in discussions with two companies to integrate its AI-based Bitcoin mining technologies onto existing aftermarket control boards following demonstrations at the Bitcoin 2025 conference in Las Vegas.
The company, which focuses on blockchain technology research and development, presented what it describes as its Method A and Method B AI technologies to potential partners at the conference. QBT claims its demonstration showed increased mining rewards when using its proprietary AI software compared to standard mining operations.
QBT is targeting the aftermarket control board segment, where third-party boards replace original manufacturer components in mining rigs to optimize performance. The company believes this approach offers the fastest route to market for its software products.
According to the press release, implementing QBT’s modified software on these aftermarket control boards would be comparable to routine firmware updates typically performed by providers of such boards.
The company is also engaged with two ASIC chip manufacturers who will assess QBT’s "Method C" technology for potential integration into new chip designs currently under development.
"The Company is finally entering into the on-site third-party assessment phase with potential customers and partners," said Francesco Gardin, CEO and Chairman of QBT, in the statement.
The announcement did not provide specific performance metrics, timeline for commercial deployment, or financial details of any potential partnerships. The information is based on a company press release statement.
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