- QBT’s Method C AI Oracle now mines live Bitcoin blocks with 30% enhanced performance.
- The AI Oracle reduces energy cost or accelerates mining speed by 30%.
- The technology is validated with FPGA hardware, targeting potential ASIC application.
Quantum Blockchain Technologies (QBT) has made a significant breakthrough with its Method C AI Oracle, now capable of live Bitcoin mining using current blockchain blocks.
The implementation of the AI Oracle on FPGA chips has proven effective, with QBT seeing material advantages despite the limited hashing power of the FPGA compared to ASIC chips.
QBT Unveils Live AI-Based Bitcoin Mining with 30% Performance Improvement
QBT’s AI Oracle has transitioned from lab-based simulations to real-time Bitcoin mining, offering significant advantages in efficiency. By predicting non-winning SHA-256 computations, the AI Oracle can skip irrelevant calculations, reducing unnecessary energy use. In trials using FPGA chips, the technology has shown a 30% improvement in mining performance, which could be crucial for enhancing the profitability and sustainability of Bitcoin mining operations.
While FPGA mining is far less powerful than ASIC, this demonstration proves that QBT’s AI-driven solution holds substantial promise. The AI Oracle’s efficiency could transform Bitcoin mining by either slashing energy costs or boosting the mining speed at current energy levels. The company has filed a patent for the “Implementation of Binary Decision Trees,” cementing its position as a leader in innovative blockchain technology.
The FPGA-based version of the AI Oracle allows QBT to demonstrate its mining capabilities on a small scale. The company’s next step is to scale up to more powerful ASIC chips, which could unlock the full potential of the technology. By targeting partnerships with hardware manufacturers, QBT aims to leverage its disruptive technology for widespread adoption across the Bitcoin mining industry.
Through continued testing and refinement, QBT is positioning its AI Oracle to make a significant impact on Bitcoin mining, particularly as energy costs continue to rise. The company’s future focus will be on transitioning to ASIC chips for commercial-scale deployments.
QBT’s AI Oracle has proven its ability to enhance Bitcoin mining efficiency, and the company’s plans to transition to ASIC hardware could position it as a leader in the industry’s future.
“We believe this has the potential to be a major breakthrough for the entire Bitcoin mining industry” – Francesco Gardin, CEO of Quantum Blockchain Technologies.
