Home Bitcoin News Bitcoin Mining Quantum Blockchain Applied sciences Shares Rise on Optimistic Bitcoin Mining Outcomes

Quantum Blockchain Applied sciences Shares Rise on Optimistic Bitcoin Mining Outcomes

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By Michael Susin

Quantum Blockchain Applied sciences PLC shares rose Monday after the corporate stated that experimental bitcoin mining utilizing its algorithm confirmed constructive outcomes.

Shares at 0724 GMT have been up 0.55 pence, or 30%, at 2.4 pence.

The London-listed cryptocurrency funding firm stated one technique examined confirmed improved efficiency in pace and vitality consumption in contrast with present crypto mining gadgets.

The aim of the testing is to gather actual time information to develop knowledge-based algorithms, the corporate stated.

Quantum Blockchain expects to fill two new patent functions as quickly as practicable, it stated.

Write to Michael Susin at [email protected]


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