Quantum Blockchain Technologies Plc (LSE:QBT) has released its 2024 year-end results, showcasing notable strides in its research and development efforts aimed at transforming Bitcoin mining. Among its key achievements is the introduction of “Method C,” an artificial intelligence-powered innovation that has demonstrated a 30% increase in mining efficiency. The company is now actively collaborating with ASIC chip manufacturers to integrate this cutting-edge technology into commercial mining hardware.

In addition to Method C, Quantum is making headway in preparing its previously developed Method A and Method B technologies for market launch. The company has begun discussions with several major players in the Bitcoin mining and ASIC manufacturing industries, laying the groundwork for strategic partnerships that could accelerate the adoption of its solutions.

These technological milestones arrive at a critical juncture for the cryptocurrency industry, which continues to evolve in the aftermath of Bitcoin’s recent halving event and growing scrutiny over the sector’s energy consumption. QBT’s innovations place it in a strong position to lead the next wave of advancements in more sustainable and efficient mining practices.

About Quantum Blockchain Technologies Plc

Quantum Blockchain Technologies Plc is an AIM-listed company on the London Stock Exchange, dedicated to pioneering advancements in blockchain and cryptocurrency technologies. With a core focus on disrupting the traditional Bitcoin mining landscape, QBT is developing AI-driven tools and protocols designed to surpass current industry standards in speed, efficiency, and sustainability.