Home/NEWS/

Quantum Blockchain PLC cooperates with encryption experts to optimize mining operations.

Quantum Blockchain PLC cooperates with encryption experts to optimize mining operations.

2021/6/3

Quantum Blockchain Technologies PLC stated that as part of the Bitcoin mining research and development strategy, the company has signed a service agreement with a British international cryptographic expert who specializes in the optimization of the cryptocurrency mining blockchain. The AIM listed company stated that in Bitcoin mining, “tangible and destructive optimization” can be carried out to speed up execution and save energy. It is expected that the first set of optimizations will be tested in the next few weeks. Quantum also stated that this work aims to improve the efficiency of Bitcoin mining by reducing energy use and accelerating hashing. This will increase the likelihood of successful mining operations. In addition, the company intends to apply for any related intellectual property rights generated during the patent application process. At the same time, the group stated that the existing and upcoming mining optimizations are expected to be implemented on the commercial core in the next three months, on the field programmable gate array computer chip for six months, and finally in the second half of 2022—— Implemented on ASIC chip.


NOTICE
This is an original piece. Reproduction in whole or part without written permission is prohibited.
0
About products purchase, please contact our sales manager:
[email protected]

About miner repair and after-sale issues, please contact the repair manager email:
[email protected]

For business cooperation, please contact:
[email protected]

COMPLAINTS & SUGGESTIONS
If you have any dissatisfaction during the transaction or have valuable suggestions for us, please contact us via this email address:
[email protected]
Attention!

Recently, many companies claiming to be mining companies imitate us and say that they are related to us, or that they are our branch companies, which has caused customers to be deceived. Please be careful not to believe any impostors, please check our correct contact information and beware of being deceived getting scammed, and losing money.
please check our right contact way: Here

CLOSE