- Quantum Blockchain Technologies
- 06 March 2026 13:36:11
Source: Sharecast
The AIM-traded company said the rig was shipped following initial testing of its nominal specifications by US-based consultants.
Delivery to the company’s laboratory at Milan University was now being arranged, with the system expected to arrive within the next week.
The manufacturer also provided source code and technical documentation to support the integration work.
QBT’s research and development team had started analysing the rig’s software and ASIC architecture in preparation for porting the software version of its Method C AI Oracle onto the mining rig’s operating system.
Unlike the hardware version of the AI Oracle, which would require embedding into the ASIC chip itself, the software-based approach operates on the rig’s control board.
The company said that would significantly shorten development time, potentially saving more than a year of collaborative work.
It said the software version was also able to analyse the entire mining job and its associated variants, known as the meta-header, rather than evaluating individual bits within key header regions.
To accelerate development, the ASIC manufacturer provided a mining development kit (MDK), which allows the hashing board to be controlled via a computer server rather than directly through the mining rig.
QBT said the setup offered greater flexibility for testing the AI Oracle using a standard operating system compared with the more limited software environment of a typical mining rig.
The integration and testing process would involve three stages: collecting data on the ASIC’s hashing behaviour to train the AI Oracle, integrating the software into the rig’s existing operating environment, and then conducting live mining tests to refine performance.
QBT said it had assigned a team of seven specialists to the project, with the aim of completing live testing and demonstrating improvements in hashing performance to the manufacturer.
Chief executive and executive chairman Francesco Gardin said the delivery of the first rig marked an important milestone in the commercialisation of the company’s technology.
“Although it has taken a long time to reach this point, we are delighted that we have received the first Bitcoin mining rig and MDK with which to prove the enhanced mining efficiency of our AI Oracle software,” he said.
“To give us the best chance of success, we are focusing on testing the rigs of one manufacturer at a time, in order to shorten this current phase in the commercialisation of our products.”
He added that successful testing in the Milan laboratory would be a key step toward potential commercial agreements with hardware partners.
“This key step of the process will hopefully allow the company to finally deploy its AI technology on one of the most advanced mining rigs currently on the market.
“A successful outcome in our Milan lab, will, we believe, be the pre-condition to entering into contractual discussions with the ASIC manufacturer.”
At 1254 GMT, shares in Quantum Blockchain Technologies were up 10.59% at 0.47p.
Reporting by Josh White for Sharecast.com.