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Quantum Blockchain Technologies Unveils Breakthrough in AI-Driven Bitcoin Mining Tool with Method C

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Manage episode 446630458 series 2891889
Indhold leveret af Proactive Investors. Alt podcastindhold inklusive episoder, grafik og podcastbeskrivelser uploades og leveres direkte af Proactive Investors eller deres podcastplatformspartner. Hvis du mener, at nogen bruger dit ophavsretligt beskyttede værk uden din tilladelse, kan du følge processen beskrevet her https://da.player.fm/legal.
Quantum Blockchain Technologies Plc CEO Francesco Gardin joined Steve Darling from Proactive to announce several key advancements in the company's AI-based Bitcoin mining tool, Method C. Developed by the company's R&D team, Method C incorporates a predictive Machine Learning model and an AI Oracle. The Oracle, in real time, evaluates the likelihood of an input to the SHA-256 algorithm generating a winning Bitcoin hash. Gardin revealed that Method C's AI Oracle has been successfully integrated into Bitcoin mining hardware, boosting performance from 30% to 50%, especially at lower mining difficulty levels. Lab tests at current mining difficulty have confirmed the Oracle’s effectiveness, challenging industry assumptions and marking a significant step towards commercialization. The company is planning to file a patent for Method C by the end of the year. Quantum Blockchain Technologies is now focusing on two critical elements to move Method C toward a commercial version. These include maintaining the Oracle’s success as mining difficulty increases, and developing a software-only version of the AI Oracle for use by mining pools. #proactiveinvestors #quantumblockchaintechnologies #ain #qbt #methodc #oracle #bitcoin #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
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608 episoder

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Manage episode 446630458 series 2891889
Indhold leveret af Proactive Investors. Alt podcastindhold inklusive episoder, grafik og podcastbeskrivelser uploades og leveres direkte af Proactive Investors eller deres podcastplatformspartner. Hvis du mener, at nogen bruger dit ophavsretligt beskyttede værk uden din tilladelse, kan du følge processen beskrevet her https://da.player.fm/legal.
Quantum Blockchain Technologies Plc CEO Francesco Gardin joined Steve Darling from Proactive to announce several key advancements in the company's AI-based Bitcoin mining tool, Method C. Developed by the company's R&D team, Method C incorporates a predictive Machine Learning model and an AI Oracle. The Oracle, in real time, evaluates the likelihood of an input to the SHA-256 algorithm generating a winning Bitcoin hash. Gardin revealed that Method C's AI Oracle has been successfully integrated into Bitcoin mining hardware, boosting performance from 30% to 50%, especially at lower mining difficulty levels. Lab tests at current mining difficulty have confirmed the Oracle’s effectiveness, challenging industry assumptions and marking a significant step towards commercialization. The company is planning to file a patent for Method C by the end of the year. Quantum Blockchain Technologies is now focusing on two critical elements to move Method C toward a commercial version. These include maintaining the Oracle’s success as mining difficulty increases, and developing a software-only version of the AI Oracle for use by mining pools. #proactiveinvestors #quantumblockchaintechnologies #ain #qbt #methodc #oracle #bitcoin #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
  continue reading

608 episoder

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