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Quantum

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Quantum Blockchain Technologies (QBT), a UK-based research company, has developed AI-powered algorithms to increase the mining winning probability of ASIC Bitcoin miners. In an interview with Cointelegraph, CEO Francesco Gardin revealed how QBT's AI enables smart search of winning hashes, unlike conventional random searches, according to <a href="https://cointelegraph.com/news/bitcoin-mining-researchers-claim-new-tech-ups-winning-hash-chance-by-260" rel="noopener noreferrer nofollow">cointelegraph</a>. 
Over two years, QBT has created patented methods with the help of twenty experts in various fields. They've developed two algorithmic search methods to improve ASIC miners' performance. "Method A" boosts efficiency by 10%, and "Method B" enhances the winning probability by 260%. 
QBT aims to increase mining performance of existing ASIC chips with a software AI component. They are also working on a new architecture for ASIC mining chips to optimize Bitcoin mining. Additionally, QBT's long-term goal includes using quantum computers for Bitcoin mining with an in-development SHA-256 computation method. 
In July 2023, QBT announced a patent application for architectural changes to Bitcoin mining ASIC chips. The "anticipatory resource efficiency algorithm" reduces logic gates of SHA-256 ASIC architecture, lowering energy costs and enhancing efficiency. This could free up to 8% of logic gates, making certain logic gates unnecessary on the ASIC chip. 
Gardin emphasized that current BTC mining relies on brute force and luck. QBT's technology, developed using Intel's Blockscale ASIC chips, could provide advantages to any mining rig. The firm's technologies are hailed to give an "uncatchable advantage" using AI and SHA-256 optimization. 
QBT is considering various options to bring its solutions to the Bitcoin mining market, including subscription, licensing, joint ventures, or outright purchasing. This groundbreaking approach could reshape the Bitcoin mining industry, offering innovative solutions to enhance efficiency and success rates. 
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Quantum Blockchain Technologies Revolutionizes Bitcoin Mining with AI-Powered Algorithms

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