Uk.Finance.Yahoo Quantum Blockchain Technologies Reports Progress in Bitcoin Mining Innovations
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- •QBT's Method C shows improved performance in Bitcoin mining tests.
- •The company received a US Notice of Allowance for its ASIC UltraBoost technology.
- •QBT established BlocKeeper Plc for virtual Bitcoin mining operations.
Quantum Blockchain Technologies (QBT) has announced advancements in its Bitcoin mining technologies, focusing on its AI-driven Method C and a new variant of Method B based on chaos mathematics. The company is transitioning from laboratory validation to live testing with support from ASIC manufacturers. QBT has received a US Notice of Allowance for its ASIC UltraBoost technology, indicating progress in its intellectual property efforts. The establishment of a new subsidiary, BlocKeeper Plc, aims to facilitate virtual Bitcoin mining operations. The company reported a comprehensive loss of €1.1 million for the first half of 2026 but moved to a net current asset position due to financing activities. Ongoing research into quantum computing applications for SHA-256 is also part of QBT's strategy to enhance mining efficiency.
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