QBT Unveils AI-Powered Bitcoin Mining Tool, Promises 30% Energy Savings

January 21, 2025
QBT Unveils AI-Powered Bitcoin Mining Tool, Promises 30% Energy Savings
  • This Oracle evaluates the likelihood of achieving a successful output from the SHA-256 algorithm, thus saving both time and resources during the mining process.

  • QBT, under the leadership of CEO Francesco Gardin, has made a significant breakthrough with its predictive Bitcoin Artificial Intelligence model mining tool, marking a notable achievement in the blockchain sector.

  • The company has created a predictive Oracle that assesses the SHA-256 algorithm's behavior, enabling miners to avoid unnecessary computations and conserve energy.

  • QBT's business model revolves around licensing its intellectual property to chip manufacturers, necessitating collaboration to integrate the Oracle's capabilities into mining chips.

  • Over the past three years, QBT has concentrated on enhancing the SHA-256 algorithm, which is crucial for Bitcoin mining, rather than merely developing a mining tool.

  • QBT's proprietary technology can potentially reduce Bitcoin mining energy costs by approximately 30% or increase mining speed with a 30% greater hash rate while maintaining current energy consumption levels.

  • In addition to its current innovations, QBT is also working on two additional projects aimed at further enhancing mining efficiency, with initial testing results showing promise.

  • The licensing structure includes upfront payments and ongoing maintenance fees for updates to the Oracle's neural networks, ensuring they remain aligned with blockchain advancements.

  • Gardin expresses strong confidence in QBT's potential for growth within the tech industry, focusing on licensing technologies that enhance mining operations for its partners.

  • As Bitcoin prices rise, competition within the mining sector intensifies, making QBT's technology a valuable asset for miners looking to improve their performance.

  • The article concludes by emphasizing QBT's innovative approach to Bitcoin mining and the excitement surrounding its future developments in the cryptocurrency landscape.

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