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    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

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    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

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    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

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    Enhancing Security in Online Gambling with Blockchain Technology

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    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

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    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

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    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

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    The Future of Gambling: How Casino Sites Are Leveraging Web3

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    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

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    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

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    CryptoPunks price surges to $200k, $PUNKS loaner Gondi accused of facilitating chandelier bids

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    You Can Now Buy NBA Top Shot NFTs From Vending Machines in Japan

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    Still Loving My ‘If It Went to Zero’ NFT

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    Ordinals soar on the back of Bitcoin art – Here are our top 7 picks

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    NFT sales skyrocket 40% to $221m, CryptoPunks jump 590%

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    CryptoPunks and Pudgy Penguins Secure Top Positions

    How to differentiate NFTs from memecoins

    How to differentiate NFTs from memecoins

    Pudgy Penguins denies rumors that it bought OpenSea

    Pudgy Penguins denies rumors that it bought OpenSea

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    LasMeta and Pyth Network Partner to Unveil NovaDrop NFTs

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    PEPE GAMES Integrates with GaFin to Power the Meme Gaming Hub

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    A Pressure Group Forced Steam to Remove Adult Games. It’s Coming After Crypto Next

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    NFTs Stage a Summer Comeback: Blue-Chips Reclaim Spotlight in July Rally

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    On-Chain Games Don’t Have a ‘Secret Sauce,’ YGG’s New Advisor Says

    Top 5 Gaming Blockchains Set to Explode in the Next Bull Run

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Home Mining

Anglo-Italian company claims major breakthrough in Bitcoin mining

March 22, 2024
in Mining
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Anglo-Italian company claims major breakthrough in Bitcoin mining
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The world of Bitcoin (BTC) mining is a race against time and inefficiency. Miners dedicate huge computing power to solve complex mathematical puzzles, securing the network in the process.

READ ALSO

Top 10 Miners Dominate 94% of Hashrate and Hoard Over 55,000 BTC

Bitcoin Miner MARA Is Missing Out on AI Boom: Compass Point

Enter Quantum Blockchain Technologies (QBT), an Anglo-Italian company, with a story that could rewrite the narrative of Bitcoin mining.

Their secret weapon

Method C represents a revolutionary approach that leverages the power of artificial intelligence (AI) and machine learning.

Unlike traditional methods, which resemble a brute-force attack on a digital lock, Method C aims to be more elegant. It utilizes an AI oracle technology, to predict the outcome of these computations.

The environmental impact of Bitcoin mining has been a major point of contention. A 30% reduction in computations would translate to a substantial decrease in the overall energy footprint of the network.

For miners themselves, Method C presents the enticing prospect of lower operational costs and potentially higher profits.

From theory to reality

However, the path forward isn’t without its challenges. While the theoretical framework for Method C is solid, integrating the AI solution with existing mining rigs requires careful consideration.

It’s akin to fitting a high-tech fingerprint scanner onto a traditional lock – a complex feat that demands seamless integration.

Despite these obstacles, QBT remains confident. The company plans to demonstrate Method C’s viability by integrating it with prototype chips and existing patent applications.

Conversations with leading mining rig makers are happening, aiming to demonstrate real-world performance improvements.

See also  Luxor’s Aaron Foster on Bitcoin Mining’s Growing Sophistication

Key milestones on the horizon

The coming months will be a period of intense prediction for QBT.

The successful application of their Methods A and B (details yet to be revealed), alongside live comparisons demonstrating Method C’s efficiency gains, will be key milestones to observe.

If QBT can bridge the gap between theory and practice, they have the potential to guide in a new era of sustainable, efficient, and more intelligent Bitcoin mining.

This isn’t just a story about tech; it’s a story about innovation with the potential to reshape the future of cryptocurrency.

Tags: AngloItalianBitcoinBreakthroughclaimsCompanyMajorMining

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