Quantum Blockchain Technologies PLC (AIM:QBT, FRA:BYA1) has moved closer to proving the performance of its Method C AI Oracle after establishing a fully operational testing environment on an ASIC manufacturer’s mining rig and Mining Development Kit.
The AIM-listed blockchain technology investor told investors it had completed three key steps: modifying the mining rig operating system and microcontroller code, integrating the AI Oracle into the server-side operating system, and activating the ASIC manufacturer’s MDK for live laboratory testing.
Together, the changes allow QBT to run an end-to-end test architecture in which the AI Oracle evaluates mining jobs and selectively executes what the company describes as the most promising hashes, with the aim of improving mining efficiency.
Data collection is now underway and will be used to initiate neural network training, generate ASIC-specific AI models, carry out extended validation testing and produce preliminary performance results ahead of a live demonstration.
Chief executive and executive chairman Francesco Gardin said the company was “making solid progress” and expects to report preliminary results to the ASIC manufacturer “within the next couple of weeks”.
QBT is also continuing work to port the AI Oracle directly onto a mining rig control board, which it described as a key commercial objective.