[ad_1] <br><div><p>22 March 2023</p><p><b>Quantum Blockchain Applied sciences Plc</b><br/>( “QBT” or “the Firm”)</p><p>Publication of Firm report on Bitcoin mining trade</p><p>Quantum Blockchain Applied sciences, the AIM-listed (AIM: QBT) firm actively growing breakthrough {hardware} and software program to enhance the effectivity of crypto-currency mining, right now publishes its detailed analysis report on the monetary efficiency of the world’s main publicly-traded Bitcoin mining companies.</p><p>The report, titled “<b><i>BTC 2022 Mining Business: Predominant Listed Miners</i></b>” is obtainable by <span>clicking on the next hyperlink</span>: <span>quantumblockchaintechnologies.co.uk/investor-relations/stories</span></p><p>Among the many report’s key findings is the shocking inverse relationship throughout 2022 between the Bitcoin worth and the technical problem of mining efficiently. As the worth of Bitcoin fell, it grew to become tougher and costly for miners to take part within the trade.</p><p>The report dissects varied efficiency metrics of the 9 largest publicly-traded Bitcoin mining firms and in addition ranks them on their 2022 mining output. Key components akin to particular person firm’s electrical energy utilization, EBIT and EBITDA, mining effectivity, the ratio between Bitcoins mined and offered for liquidity functions are all tabulated and graphed. Bitcoin is the most important cryptocurrency on this planet. It misplaced practically 65% of its market worth throughout 2022.</p><p>For Quantum Blockchain Applied sciences (“QBT”), the analysis underpinning this report is a part of the Firm’s basic evaluation to discern essential financial drivers of right now’s Bitcoin mining trade. QBT sees vital alternatives for brand new applied sciences, together with these being developed on the firm, to enhance the operational efficiency and monetary return of Bitcoin mining {hardware}.</p><p>For additional info please contact:</p><p><b>Quantum Blockchain Applied sciences Plc</b><br/><span class="xn-person">Francesco Gardin</span>, CEO and Government Chairman +39 335 296573</p><p><b>SP Angel Company Finance</b> (Nominated Adviser &amp; Dealer)<br/>Jeff Keating +44 (0)20 3470 0470<br/><span class="xn-person">Kasia Brzozowska</span></p><p><button class="link caas-button collapse-button" aria-label="" title="" data-ylk="elm:readmore;slk:Story continues">Story continues</button></p><p><b>Leander</b> (Monetary PR)<br/>Christian Taylor-Wilkinson +44 (0) 7795 168 157</p><p>About Quantum Blockchain Applied sciences Plc</p><p>QBT (AIM: QBT) is an AIM listed funding firm which has not too long ago realigned its strategic focus to know-how associated investments, with particular regard to Quantum computing, Blockchain, Cryptocurrencies and AI sectors. The Firm has commenced an aggressive R&amp;D and funding programme within the dynamic world of Blockchain Expertise, which incorporates cryptocurrency mining and different superior blockchain purposes.</p></div> <br>[ad_2] <br><a href="https://uk.finance.yahoo.com/amphtml/news/quantum-blockchain-technologies-plc-bitcoin-070000258.html">Source link </a>