Blockchain Quantum technology maintains progress through encryption mining technology – Icymi

Blockchain quantum techniques PLC (target: QBT) This week has been updated on Crypto-predicing technology that can reach the level of success rates-with research and development efforts approaching their fruits.

CEO Francesco Gardine told investors that the company has obtained a major ASIC chip (BM1370), which is necessary to test the technology “method B” – one of three methods currently offering.

For method A, Gardin said that the company is also conducting tests in the real world of ASIC potatoes to ensure mining efficiency.

The company aims to provide a verified performance that cannot be refuted to potential industry partners.

Here, we take a closer look at what was said when Francesco joined the studio.

Premium: Join Quantum Blockchain Technologies Plc CEO Francesco Gardin. Francesco, very good to talk to you again.

You are outside with the update of business today, you really focus on your methods A and B, and you seem to make progress on those fronts.

Francesco Garden: Yes, good morning, Stephen. Yes, in fact. We issued a market update covering what was not included in the last announcement in January.

We discussed all other methods, while the C method is still presenting. We are working very hard to arrange an experimental offer for the Bitcoin Mining Exhibition in Miami at the end of this month.

The illustration is not only limited to showing direct technology; It also requires all necessary graphics and supportive elements. Therefore, there is a lot of work concerned. Our update focused on the Betry Bly, where we finally we have the required ASIC chip.

You cannot race, even if you are the best driver, if you don’t have a car. We were waiting for this Intel chip, but it lacks the source code.

Next, the BM1370 chip of the main Chinese manufacturer became available, but as usual, no specifications or documents were presented. Reverse engineering was difficult, because manufacturers do not usually want people to understand their inner chips.

Now, we have confirmed that we can use this slide, and since Bitaxe, the installed system, open source, now we have the source code.

We are currently testing the B method with this slide, which is very positive news.

Premium: In Method A, this is tested in a laboratory to measure mining efficiency at the present time?

Francesco Garden: Yes, of course. We use ASIC chips, so it is a real system, and we measure performance.

What we want to provide to potential clients and partners is not refuting data, ensuring that the results are not waived.

We test the system with different versions of CGMINER and USB miners. There is a huge amount of work that includes before we can offer a final product to the world and potential customers.

It is an arduous stage of our development, but we are very focused on the willingness of the experimental offer in Miami.

Premium: Do you think that investors may be disappointed because you did not cover the method C to update business today?

Francesco Garden: Well, we discussed method C just one month ago.

We continue to develop, and we felt that there is no need to submit another update soon.

Premium: Last year, a number of NDAs signed the main players in the Bitcoin Market. Can you make any updates on that?

Francesco Garden: Yes. Our discussions are managed with the major players in the industry by Vladimir Kosnarsuk, our international commercial advisor, and Jose Rios.

These main players are open to the direct illustration with our system engineers and any additional information we can provide.

At this stage, the ball is in our stadium. They are waiting for patience, but in this industry, you only get one chance. The illustration should be perfect.

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Premium: I also introduced an update on the legal issue. Can you tell us more?

Francesco Garden: Yes, everything goes as planned. When you have a judgment against someone for 6.5 million euros in addition to interest, they will try to challenge the highest level.

Therefore, it was not a surprise that they had appealed the Italian court of Cason, the highest civil and commercial issues court.

However, this appeal does not prevent us from recovering money. We take all the necessary legal measures, including seizing assets and frozen banking accounts, and we already recover money.

Premium: Francesco, I hope you will be up to update any progress