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Share Name | Share Symbol | Market | Stock Type |
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Quantum Blockchain Technologies Plc | QBT | London | Ordinary Share |
Open Price | Low Price | High Price | Close Price | Previous Close |
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0.675 | 0.675 | 0.675 | 0.675 | 0.675 |
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NONEQUITY INVESTMENT INSTRUMENTS |
Top Posts |
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Posted at 14/3/2025 09:30 by ellipses Interesting from...UserSteve RE: Mining conferences Hexam said "They may not speaking but I presume they will be one of the 200+ exhibitors?" Good point. I checked the website (from the menu select Sponsor then Join as Sponsor. It says "SECURE YOUR BOOTH Exhibit Participation as a Sponsor supports both exhibiting and non-exhibiting brands ... Secure your booth sponsorship." So in order to be an exhibitor, you need to book a booth by becoming a Sponsor. And all Sponsors are listed on the website. Neither QBT nor Gardin are listed as a Sponsor, so it appears they are not yet sponsors and do not yet have an exhibition booth to use. There's still over a week to go so they might very well appear on the website over the coming days. I hope so, as this will be very reassuring. If QBT are going to be running live demonstrations at this conference then it seems reasonable to expect that they will have a place to do so. I.E a booth and in order to get one you have to be a Sponsor and QBT is not, as yet, mentioned as being a sponsor. Replace _ with . It looks like the minimum tier is $10K and a booth comes in at a minimum of $3K/$6K $6K gets them somewhere to play their video. If QBT do not register as a sponsor then we might be left with FG schlepping around the hall with Method C in his rucksack accosting other unsuspecting attendees with a "Pst. Wanna see my thing mine 30% faster. I've got a 3D video. Nudge Nudge." |
Posted at 13/3/2025 19:58 by ellipses There seems to be some excitement over on LSE regarding a 'breakthrough' by D-Wave...Indeed QBT have had some exposure to the company in the past... Notice that D-Wave were then and are now offering access to Quantum Annealing technologies. You might suppose that the nature of this becomes a bit suspect when the company mentions 5,000+ qubit implementations. Google’s latest iteration of its quantum machine, the Sycamore quantum processor, currently holds 70 qubits. This is a substantial leap from the 53 qubits of its earlier version. This makes the new processor approximately 241 million times more robust than the previous model. How can D-Wave claim 5,000 qubits when poor old Google is still stuggling along at 70? This is because D-Wave qubits are totally different to Google qubits. You might characterise Google qubits as being multi-state and amenable to general purpose calculations whereas D-Wave qubits are lowest-state and amenable to single purpose calculations. Indeed the release from D-Wave suggests a materials science application in magnetics where the process of annealing would be expected to make predictions as to how such materials might crystalise. This has absolutely nothing to do with the task that QBT have set for themselves and indeed the suggestion made over on LSE that it will accelerate their development of such ideas is entirely misplaced. This of course will beg the question as to why did QBT make such a song and dance about their involvement with D-Wave in the past and your simple answer is that QBT were once again misleading their investors. Quantum Annealing Computer ≠ Quantum Computer but it's close enough to fool the ignorant investor, as it has done over on LSE and drive the share price. Your other nicer but equally unappealing answer is that QBT set up a paid for jolly for someone to make use of D-Waves technology for research totally unrelated to their stated goals. |
Posted at 13/3/2025 09:52 by 1knocker FLC, anddown, yes.Some of the execs of the big hitters may drop in at a trade show to meet other top execs they already know and do business with, but they won't be trawling the stands of hopeful loss making penny companies with the company cheque book in hand. In fact, such people probably won't tour the stands at all. They will meet with other big players away from the fair, using the fair simply as as an opportunity to meet others in the same town at the same time. You all heard FG. He has been touting QBT's wonder tech for years, and has been told that it is for him to demonstrate that it works, in live demonstrations in real time. The message given him, loud and clear, is: 'If and when you have something ready to roll out commercially tell us and ask for an opportunity to demonstrate it to us. until then, we don't want to hear from you.' FG also recognises that the whole sector is sceptical of his claims, and that if he does ask for an opportunity to demonstrate the tech to a potential customer it had better work, because they won't risk having their time wasted twice. Serious, profit making, companies employ people to PREVENT time wasters selling moonbeams from contacting their senior executives, never mind their CEOs. When a self designated 'consultant' (aka a fired employee of a company in trouble like Intel) turns up acting for an outfit like QBT that does not impress them. Their reaction is 'Poor sod. Still out of work. By next week he will be selling cleaning products door to door'. QBT attends these fairs in order to have something - anything - to talk about when it next needs to raise cash. Same with the videos, 3D or otherwise, and the interviews. How many CEOs of the big miners and the rig makers do you think watch the videos or listen to the interviews? I'll tell you. The same number as traipse around trade fairs in the hope of being given a promotional baseball cap, and to collect company stickers and free chocolates. |
Posted at 12/3/2025 18:46 by 1knocker ASSERTION'All the chip makers are being very helpful, short of telling us what we need to know in order to use their chips' COMMENT So you are getting the same 'help' anyone would get if he bought a chip and examined it? Ie zilch. ASSERTION 'You can be the best pilot (driver) in the world but if you haven't got a car ...' COMMENT Too bloody true. ASSERTION 'The potential customers for our tech are sitting back and saying come and show us it works in a live demonstration, and with these people you only get one shot..' COMMENT Has FG conveniently forgotten that TWO YEARS AGO he claimed that contract negotions to purchase rifhts to use the tech were at an advanced stage, with lawyers engaged on both sides to thrash out the final contract details? SSERTION And the supposedly 'final' appeal QBT won is in fact, as FG only now admits, subject to a further appeal, which the defendants are pursuing. QBT is nevertheless attempting to enforce the judgment. COMMENT If Italian law is the same as English law (as in this respect it appear it is) an appeal does not operate as a stay of execution of the judgment appealed BUT IF YOU LOSE THE APPEAL YOU HAVE TO PAY BACK ANY MONEY YOU HAVE RECOVERED AND ALL YOUR ENFORCEMENT COSTS ARE WASTED. A point FG conveniently glossed over. CONCLUSION One could go on, but it is just too depressing to analyse any more of FG's ducking and diving. Does anyone now doubt that the FT had QBT's and FG's measure, which this credulous interviewer (who accepted every FG self-contradiction at face value, with no follow up questions) only too clearly did not? The more you stir the QBT pot, the more it stinks. Actually, you don't even need to stir the pot. Just read what FG has said over the years as a continuum, and see how the story changes, jam tomorrow and baseless hype being the only constants. |
Posted at 11/3/2025 17:07 by 1knocker FG should have kept quiet, and certainly should not have acknowledged that QBT is widely regarded as a scam and his announcements as fake news.. He spoke, and QBT dropped another 0.05p.For the rampers who like extrapolations, if QBT continues to drop at a daily rate of 0.05p (doesn't sound much when put like that, does it?) it will hit zero inside 3 weeks. Would that be a whooosh, a thud, or just a dying whimper? |
Posted at 11/3/2025 10:53 by 1knocker PS The interview is informative in one respect. We now know what the 'valuable strategic advice' Rios has given was:Rios: 'Your problem is that within the industry QBT is perceived as a scam, and your claims as fake news, and the FT says it has no assets' FG: 'Oh dear. What do we do about that?' Rios: 'Employ me to attend events in exotic locations, as QBT's front man, and to introduce you to people. Everyone recognises me. It is the sombrero and the 'tache, I think. Everyone laughs and smiles when they see me' FG: 'I could also make another video' Rios: ' Haven't you already tied that, many times?' FG: 'Yes, but this time I will make it i 3D. That will make all the difference. No one will suspect that something presented in 3D is fake news. And I could include the girl in the sash. The one who handed out chocolates and QBT stickers in Tennessee. She has big assets. That will impress the FT' Rios: 'The one with the long legs and big boobies? FG: Yes. She was very popular and gave QBT great credibility. And she will look good in 3D. She prompted a lot of comments about assets. No one who saw her thought QBT was a scam, with no assets. But the FT journalist was not at Tennessee, so he did not see her' Rios: 'Its worth a try, I suppose. But first book my first class flights and top hotel accommodation at some industry jamborees. Don't forget - First class and 4 Star - that is essential because I have a 'perception' problem, a credibility problem, to overcome too after getting the push from Intel' FG: 'Will do. But not 4 Star. 5 Star. I'll come myself as well of course, as we shall be pushing the boat out and QBT will be paying' |
Posted at 11/3/2025 10:29 by 1knocker The transcript contains a lot of 'same old, same old'.Another 'hopefully by the y/e' (a Block release QBT depends upon) Yet more 'everyone is very interested' and another 'we know all the main players and are talking to them'. But also some unusual notes of realism: !. an acknowledgements that QBT has a credibility problem and is prone to be dismissed by serious players in the sector as a sam and its claims as fake news. 2. Also an assertion that the CEO's of miners do not know how crypto mining works and don't understand QBT's technology. 3. Also that FG and his team are unknown faces to the significant players in the sector, so they need to attend events to meet industry people and obtain recognition, and rely on Rios because (though given the heave ho by Intel) he did at least spend years trying to flog a now discontinued chip to them. I am not sure how you square 'everyone is very interested' with the miner CEO's allegedly not even understanding how their own mining tech works, or indeed how FG and QBT can have been talking to all the main sector players for years but are still unknown faces to them. I do understand how QBT may be regarded as a scam and its claims 'fake news', though I am surprised that FG is prepared to admit that. Quite how signing up Rios as a consultant - an ex-employee of Intel who who used to try to flog a now discontinued chip and was declared 'not wanted on voyage' by Intel when it pulled manufacture of that chip - solves the perception that QBT is a scam and that its technological breakthrough claims are fake news is a mystery to me. Logically, the sight of Rios as a QBT consultant might be expected to reinforce that perception. If FG exhibits the same habit of crossing wires and advancing contradictory propositions simultaneously in his mathematical and tech analysis as he does in his promotional interviews, it is just as well for him that he is employer as well as employee when pitching for QBT consultancies at eye watering fees. It does help if you are conducting both sides of the negotiation. No risk of any awkward perceptions about =scams and fake news undermining confidence, and full facial recognition on both sides of course, without even the need for an introduction from some gent is a sombrero. |
Posted at 08/3/2025 19:06 by 1knocker If an 8.5m transaction ws in fact a purchase and not a sale, QBT holders should be very worried indeed.A substantial sale will inevitably depresses the share price - it knocks confidence and thus demand at the same time as it increases supply of shares. The converse is true in the case of a substantial purchase. When even an 8.5m purchase does not stop the price slide, things really are dire. The best that can be said is that while 8,5m is a substantial number of QBT shares, such a purchase does not amount to much in money, and it is the money spent on a purchase which, if significant, bolsters market confidence. If there is any telling statistic it is the absence of insider purchases. There seems to be no price so low that insiders consider QBT shares investible. They ought to know, and they are not buying (even at a fraction of the recent placement price) notwithstanding that QBT now has money for at least another year of cash burn, it is supposedly soon to market a viable product, and the Sipiem judgment debt is supposedly recoverable, with ever increasing additional sums in interest and inflation adjustments. That is something which should give even the most optimistic holder and every prospective purchaser pause for thought. |
Posted at 03/3/2025 13:15 by ellipses I'd still like to know why they failed to get Method B to work on the BMZ2 ASIC when it is likely to be the case that this was the ASIC they were cooperating on with Intel to get the hardware modifications proposed in their two, failing, patent applications incorporated in the chip.It really makes no sense them talking to Intel about this unless Intel gave the information about the architecture and communications interface on the ASICs and if they had that information it should have given them an easy route through to implementing Method B on those ASICs. Unfortunately now FG appears to admit as much in his most recent Proactive Handjob video QBT seem to have worked with a third party, presumably not Intel, to do this and this third party would not release this information to them without doing an exclusive deal. QBT did not agree and, once again, ended up in the same repeated dead end. Unless I have missed something it might seem reasonable to conclude that the supposed cooperation with Intel did not happen or did not happen in any real depth or to the extent that FG wants people to believe. It seems to be another example of the blokes fairy tales being full of holes. Furthermore I find it quite surprising that given they have Rios on board that they are talking about gaining access to these ASICs via the work done by OSMU rather that Rios stepping in and both procuring the parts for them, it appears he was part of brokering the release of the ASICs from Block to OSMU, and also showing them how to hook Method B up to them. After all we are led to believe that Rios was deeply involved in the development of these ASICs so he should be the go to source for such information. If that is not the case then whilst Rios might be an organizer and facilitator for such things I might have to go back to my previous characterization of the man being a glorified sales rep. The fact that even with Rios acting as their Strategic Advisor QBT have not managed to get their hands on these ASICs and are still left relying on the OSMU, with which Rios is heavily involved, to come up with the firmware required to operate Method B against them really does not add up. Also given they had to roll their own FPGA including the SHA256 lanes in order to arrive at a demonstration of Method C after all of the hoo-haa about ESP-Miner and the BitAXE being their saviour seems to be a prime indicator that they could not work out how to use ESP-Miner and the BitAXE to demonstrate anything. Given this continual fail are things going to be any different once OSMU and @Skot have got the BMZ2 chips on a board along with the firmware? It does not seem very likely. After all on the Core Scientific video the person from block said these things were hard even if you do have all of the information and described third parties such as QBT being a Burden as in not worth bothering with. All we have really had as an excuse for QBT repeatedly going nowhere is that FG's AI numpty Megabranes don't have the skill set to go anywhere. It's been like that for at least a year if not longer. FG is continually blabbing on about his links to all of the best Universities in the world and all of the Megabranes he has on tap so don't these Universities have Electronics Faculties and are all of these Megabranes of the wrong flavour with no mates to ask? Won't anyone lend him a logic analyser? Pathetic. |
Posted at 22/2/2025 07:06 by zydecoco RIOS TRANSLATOR ACTIVATED:Thrilled to be named an advisor to London based Quantum Blockchain Technologies (QBT). I AM GETTING PAID ON ANOTHER FREELANCE GIG AND GET TO TRAVEL TO THE UK.AI and blockchain are both groundbreaking technologies in their own right, but it's the convergence of these two domains that really captures my imagination. I DREAM ABOUT STUFF.QBT's mission is to push the boundaries of blockchain innovation, leveraging AI, quantum computing, and deep learning to reimagine cryptographic protocols and blockchain applications. QBT RECKON THEY HAVE SOMETHING DIFFERENT - YEAH, RIGHT, WHATEVER.This is exactly the kind of ambitious, forward-thinking work that will yield the next big breakthroughs in decentralized tech.THEY HAVE A TOTALLY CRAZY PIPE DREAM.The future of blockchain isn't just about mining or transactions-it's about creating intelligent, secure, and scalable systems that redefine what's possible. I LOVE MESSING ABOUT WITH STUFF BUT DELIVERING NOTHING.I can't wait to be part of QBT's journey to fuse advanced cryptography with cutting-edge AI to develop truly transformative solutions. I AM GOING TO GET PAID FOR QUITE A WHILE BECAUSE THESE GUYS HAVE NO PROPER PLAN OR CLUE.Let's get disruptive.ANYONE ELSE OUT THERE DAFT ENOUGH TO PAY ME? |
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