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Quantum Blockchain Advances Bitcoin Mining Tests, Wins US Patent Allowance

Original: Quantum Blockchain Technologies Advances Bitcoin Mining Tests and Receives US Patent Allowance

Quantum Blockchain Technologies, a London-listed firm, says it is progressing with tests of its energy-efficient Bitcoin mining methods and has received a notice of allowance from the United States Patent and Trademark Office for its technology. The company, which develops overclocking and AI-based approaches to cryptocurrency mining, says the patent approval supports its efforts to commercialise more efficient mining hardware as interest in Bitcoin mining profitability grows.

Why now: Investors are watching crypto-related firms as Bitcoin prices and mining economics draw renewed market attention.

Quantum Blockchain TechnologiesBitcoinUS Patent and Trademark Office

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