Proactive - Interviews for investors

Quantum Blockchain: AI Oracle test on Antminer S9 explained

Episode Summary

Quantum Blockchain Technologies PLC (AIM:QBT, FRA:BYA1) CEO Francesco Gardin talked with Proactive's Stephen Gunnion about the latest progress in the company’s AI Oracle technology and its transition from hardware to software implementation in Bitcoin mining. Gardin explained that the company initially developed the AI Oracle as a hardware-based solution, but later pivoted to running it directly on the operating system of mining rigs. This shift allowed greater flexibility, although it introduced technical challenges due to reduced access to ASIC-level data. Despite this, he noted that the software approach has already delivered “very good results.” A key milestone is the successful deployment of the AI Oracle on a Bitmain Antminer S9, an older but accessible machine chosen because it is the last model with fully available source code. Gardin said, “we can show on a commercial machine, outdated of course, but we can show that it works,” highlighting the strategic importance of demonstrating real-world performance to potential partners. The company faced obstacles in accessing proprietary software from manufacturers of newer mining rigs such as the S19 and S21. As a result, it built an independent system to validate its technology. This proof-of-concept is expected to strengthen its position in negotiations with hardware partners and large-scale miners. Gardin also outlined that the company is currently in a data collection phase, training neural networks to understand ASIC behaviour before moving to live testing. Results from these commercial tests are expected within weeks. For more insights into cutting-edge blockchain innovations, visit Proactive’s YouTube channel, like this video, subscribe to the channel, and enable notifications for future updates. #QuantumBlockchain #BitcoinMining #AIOracle #CryptoTechnology #BlockchainInnovation #ASICMining #Bitmain #AntminerS9 #CryptoAI #MiningEfficiency #NeuralNetworks #CryptoNews #Fintech #DigitalAssets #ProactiveInvestors