Join the larget crypto conference of 2024 in Bitcoin


Scientists developed energy-efficient Bitcoin mining algorithms

Scientists developed energy-efficient Bitcoin mining algorithms 4

Quantum Blockchain has subsequently introduced a new bitcoin mining algorithm that enhances existing crypto mining hardware with increased speed and power efficiency when compared to the existing algorithm.

The result of the development was the first two knowledge-based algorithms controlling SHA-256 computing as the company said in a statement on May 23.

According to the company, it has moved to direct tests of bitcoin mining via the standard version of the SHA-256 algorithm in the live environment, as it seeks to collect quantum live data to strengthen the company’s current database. The results were obtained by a test called method A.

The team also implemented another test called method B. A proprietary ASIC chip installation is required to improvise a Knowledge-based mining approach.

   -----Cryptonews AD----->>> 

BYBIT - Copy Trading

Sign up for a Bybit account and claim exclusive rewards from the Bybit referral program! Plus, claim up to 6,045 USDT bonus at .

  <<<-----Cryptonews AD-----  


Based on the results of the test success, the new algorithm will subsequently improve the current bitcoin mining theory of commercial ASIC chips. The theoretical analysis is already showing progress, but the test results of the quantum experiment are yet to be confirmed.

CEO and Executive Chairman of QBT, Francesco Gardin described the company’s progress in improving existing mining hardware and said:

“As we continue to improve the existing design of the ASIC chips based on traditional mining by optimizing the silicon implementations and the SHA-256 Algorithm, on the other hand, our Quantum Computing team has reportedly achieved their first accurate quantum calculation of the smaller size version of SHA-256 and is now scaling up to full SHA-256.”

The UK-based company claims that they have reached a new milestone after performing simulations on a quantum version of SHA-256 which is at an extremely scaled-down level. They achieved the same results for the first time as compared to the existing running algorithm.

The aim is to monitor the number of Qubits available in the next phase of commercial Quantum Computers that would be able to sustain the SHA-256 computations as highlighted by Quantum, and the task has been scheduled for the next two months.

When the next results were published, Quantum stated that there were no specific time limits due to the level of complexity of the task.

Quantum’s solution can be viewed and considered as a significant milestone in the field of cryptocurrency, with bitcoin mining being considered for scrutiny for energy consumption, However, manufacturers have gone over the years to improve the current hardware to handle power consumption problems.

Read also: PayPal seems bullish to provide all possible crypto services

Scientists developed energy-efficient Bitcoin mining algorithms











Buy bitcoin and other cryptocurrencies on crypto exchanges  Binance ,  Coinbase ,  Kraken  and  Bitfinex !



.Grapefruit Media

Grapefruit Media


Unique Meta Crypto Investing Platform

Unique Meta Crypto Investing Platform



Peer Usdt

Create your free account here…




Read more… 




Read more… 

Create your free account here… 


SUPEREX – The most secure digital asset trading platform of the world!

SUPEREX Digital asset trading network

Read more… 

Create your free account here… 


SPIN2MONEY – Investing Platform

spin2money Investing Platform

Read more… 

Create your free account here… 


SMART PART TIME Investing Platform


Smart Part Time

Read more… 

Create your free account here… 


LIGA FIFA Betting Platform

Liga Fifa Betting Platform

fifa world cup Qatar 2022

Read more… 

Create your free account here… 


Ads by Cryptonews24




Risk Reminder:
Trading foreign exchange and/or contracts for differences on margin carries a high level of risk and may not be suitable for all investors.
The possibility exists that you could sustain a loss in excess of your deposited funds.
Before deciding to trade the products reviewed by, you should carefully consider your objectives, financial situation, needs and level of experience.
You should be aware of all the risks associated with trading on margin. provides general news and advice that does not consider your objectives, financial situation or needs.
The content of this website must not be construed as personal advice. recommends you seek advice from a separate financial advisor.
Nothing on this website should be considered financial advice.
This website is for informational purposes only and you should not rely on anything that is printed or said on this website to make any financial decisions.


Please follow and like us:

Social media & sharing icons powered by UltimatelySocial