Quantum Blockchain Technologies (QBT) announced a major advancement in Bitcoin mining technology, reporting a 30% efficiency increase through its proprietary AI-driven tools. The London-based firm revealed its Method C AI Oracle successfully predicted optimal SHA-256 inputs during live tests, significantly reducing computational waste. This breakthrough comes as QBT narrowed its 2024 pretax loss to €3.0 million from €4.3 million in 2023, despite generating no revenue during either period.
The AI-enhanced mining system analyzes mining parameters in real-time to identify high-probability hash solutions. According to company lab results, the technology reduces energy consumption per bitcoin mined by nearly one-third compared to conventional methods. Following successful testing, QBT filed a patent application in January 2025 and secured a partnership with an unnamed ASIC chip manufacturer to integrate the AI software into commercial mining hardware.
Two additional AI tools—Method A and Method B—are undergoing live testing, with the company negotiating integration into aftermarket mining rig control boards. QBT plans to monetize the technology through SaaS subscriptions and licensing agreements, potentially disrupting an industry where energy efficiency directly impacts profitability margins.
Company executives characterized 2024 as a “year of breakthrough results,” noting that reduced administrative expenses (down to €3.0 million from €4.0 million) reflect strategic prioritization of technology development over operational scaling. The announcement coincided with QBT shares closing 18% lower at 0.74 pence in London, suggesting investor caution despite the technical achievement.
