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IN BRIEF: Quantum Blockchain says to speed up live testing of software

ALN

Quantum Blockchain Technologies PLC - London-based blockchain sector-focused research & development technology company - Announces it has found a way to speed up the live testing of its Method C AI Oracle software on the mining rig of the application-specific integrated circuit manufacturer, the loan of which it had announced in March. ‘This work around is expected to shorten live-testing timelines and deliver earlier preliminary results of the AI Oracle which the company now expects to receive by the end of April 2026,’ Quantum Blockchain says.

Chief Executive Officer Francesco Gardin says: ‘Connecting the AI Oracle directly to the hashboard of the mining development kit enables QBT’s development team to start live-testing immediately once the new AI Oracle is generated from the data collected from the mining rig. Moreover, we also believe that this solution will speed up our internal testing on the Antminer S9 and the Bitaxe Gamma mining rigs, which are both additional targets for the company‘s future customer demonstrations.’

Current stock price: 0.51 pence each, closed 8.1% higher on Wednesday in London

12-month change: down 22%

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