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Quantum Blockchain Technologies PLC - London-based, blockchain sector-focused investor - Announces it is in talks with two unnamed companies over the potential use of its bitcoin mining technology, and is in talks with two chip manufacturers to use its Method C software. This follows the Bitcoin 2025 conference in Las Vegas where the company presented its artificial intelligence technology for bitcoin mining. Quantum Blockchain Chief Executive Officer Francesco Gardin says: ‘The company is finally entering into the on-site third-party assessment phase with potential customers and partners. The live and off-line demonstrations of QBT’s technology in Las Vegas proved to be essential in convincing some of the major players that the ability to make predictions on the behaviour of SHA-256 using AI learning models is indeed, real, as it provides a practical solution to improve the quality hashing power of a miner.’
Current stock price: 1.10 pence, up 50% on Thursday afternoon in London
12-month change: up 26%
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