Business
Update following Nashville Bitcoin Conference
Quantum Blockchain Technologies Plc (QBT) provided an update following its attendance at the Nashville Energy & Mining Summit, where management engaged with ASIC manufacturers and discussed hardware and software delivery timelines, having already received partial source code access. The company is now recognized as a leader in applying AI to SHA-256 optimization for Bitcoin mining. QBT is allocating resources to master the 256 Foundation's open-source Bitcoin mining stack, enabling the rapid implementation of its Methods onto new mining rigs later this year, offering a platform independent of specific manufacturers. Disclaimer*
About this update from Quantum Blockchain Technologies Plc
[{"type":"text","content":"\n\n \n \n \n \n \n \n \n \n 4 February 2026\n \n \n \n \n \n \n \n \n \n Quantum Blockchain Technologies Plc\n \n \n \n (“QBT” or “the Company”)\n \n \n \n \n \n \n \n \n \n General Update following Nashville Bitcoin Conference \n \n \n \n \n \n \n Quantum Blockchain Technologies plc (AIM: QBT), the AIM-listed investment company, reports on developments following its attendance at the Nashville Energy & Mining Summit (NEMS26) at Bitcoin Park on 22nd and 23rd January 2026.\n \n \n \n \n \n The gathering saw key representatives of the Bitcoin industry attending as participants, allowing QBT’s management team to engage with those ASIC manufacturers which have signed NDAs with the Company. These discussions were focused on the timing for the delivery of both hardware and software from these potential customers and commercial partners. It should be noted that partial access to source code has already been granted to the Company. \n \n \n \n \n \n The Company also held in-depth discussions with other key Bitcoin industry players who were present. These meetings were made possible as QBT is now being perceived and recognised by the industry as a forerunner in the use of AI technology being applied to SHA-256 optimisation, i.e., the core algorithm for Bitcoin mining.\n \n \n \n \n \n During the same event, the 256 Foundation, whose stated mission is to \n “\n Dismantle the proprietary mining empire to make Bitcoin and freedom tech\n nology accessible to anyone” presented a working ‘open source’ real-time mining system, using three EmberOne hashing boards, comprising 36 ASICs in total. \n \n This launch represented the first implementation of a Bitcoin-mining stack, i.e., a complete open software and hardware publicly available design made from the following open-source components:\n \n \n \n \n \n \n Hashing board (EmberOne), \n \n \n Control board\n \n (Libre Board), \n \n \n Firmware (Mujina), and a \n \n \n Mining Pool (HydraPool)\n \n \n \n \n \n \n This is a significant milestone for the Bitcoin industry as it finally opens access for any system designer to assemble a complete mining rig, using an open-source framework which is readily accessible. This differs radically from the current industrial model of existing Bitcoin mining systems which comprises of...