Quantum Blockchain remains committed to next-gen bitcoin mining technology

Quantum Blockchain Technologies PLC (AIM:QBT) remained focused on its research and development programme for its proprietary bitcoin mining algorithm in 2022, with progress made on enhancing and optimising bitcoin’s SHA-265 mining algorithm. On the financial side, Quantum reported €5mln (£4.3mln) in comprehensive losses for the year ended December 31, with operating losses coming to €4.55mln, per today’s full-year results.