Quantum Blockchain Technologies Advances Bitcoin Mining Tests and Receives US Patent Allowance

Quantum Blockchain Technologies (LSE:QBT) reported progress in the testing and development of its Bitcoin mining technologies during the six months ended 30 June 2026, alongside developments in its intellectual property portfolio and financing position.

The company progressed Method C, its artificial intelligence-based Oracle technology, using datasets provided by an ASIC industry partner.

Quantum Blockchain said early testing indicated improved performance compared with conventional Bitcoin mining methods. Further testing is being carried out using manufacturer-supported data as the company moves its technology from laboratory validation towards live testing.

QBT Develops New Method B Variant

During the period, Quantum Blockchain introduced a new version of its Method B technology based on chaos mathematics.

The company also resumed research into the potential application of quantum computing to SHA-256, the cryptographic algorithm used in Bitcoin mining.

The research forms part of QBT's programme to develop AI- and mathematics-based techniques intended to improve Bitcoin mining efficiency. The technologies remain under development and testing.

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