QBT Launches BlocKeeper: A New Approach to Bitcoin Mining

Quantum Blockchain Technologies (AIM:QBT) has launched BlocKeeper, an alternative approach to Bitcoin mining that involves acquiring and monetizing hash power rather than investing in mining rigs.

The company's CEO Francesco Gardin explained that after nearly six years in the sector, QBT identified a more capital-efficient route to Bitcoin exposure. This new model aims to generate Bitcoin through 'virtual mining' and hold it in treasury.

Gardin highlighted an experienced management team with expertise in business incubation, treasury management, quantitative analysis, cybersecurity, and cryptography. The company's proprietary technologies are expected to help BlocKeeper secure more favorable terms with hash power providers, a structure Gardin described as 'a win-win situation for both companies.'