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Share Name Share Symbol Market Type Share ISIN Share Description
Quantum Blockchain Technologies Plc LSE:QBT London Ordinary Share GB00B50P5B53 ORD 0.25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.175 8.86% 2.15 2.10 2.20 2.25 2.00 2.00 30,923,136 16:21:48
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Nonequity Investment Instruments 0.0 -1.1 16.2 0.1 19

Quantum Blockchain Techn... Share Discussion Threads

Showing 4326 to 4347 of 5975 messages
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DateSubjectAuthorDiscuss
21/9/2021
18:10
Ah but hold on... according to figtree on the other thread, ARB holders are selling and buying into QBT. What a great strategy: sell ARB when they're about to list on Nasdaq, where the miner valuations are way ahead of ARB's. That is one of the most stupid statements I've ever seen and I've been around a while ! Mind you, if capital letters could send up the QBT share price, the header over there will do the trick.
yump
21/9/2021
18:02
Good volume today, arb sellers buying into QBT, no doubt. Portfolio switching taking place as we approach October. If anyone has held past 6 months, then next few months will reward as we enter key deliverables, the expert has to deliver to ensure maximisation of 10m stock - exercisable @5p. Most see Short term 5-20p here Q) Do you buy at 1.3p or 10p when big news is almost confirmed?
figtree99
21/9/2021
17:50
Very big large dustbin
a_2_b
21/9/2021
11:35
The design of the new IT infrastructure, which includes a 128 core Machine Learning workstation and an initial one Petabyte memory expandable unit, to host the proprietary enriched Bitcoin mining "Very Large Big Data", is now complete and its deployment into a data centre in Northern Italy will, due to favourable tax benefits on R&D, happen in September 2021. To date, all R&D has been completed using cloud resources.
mr woodland
21/9/2021
11:33
Purplehelmet, oh dear the plague has set into your brain, must be nearly a 1000 trolling posts here, might be time for you to seek help 💩
spary1
21/9/2021
10:42
Did anyone state that they are not involved with research and development in this sector? What’s your point exactly? The fact that their R&D is inextricably linked to coin, and they have patents pending?
karmapolice
21/9/2021
10:41
It’s not hard work, I said that daily price movements on AIM listed co are irrelevant and you said except for in April, you are now trying to suggest that it’s only relevant when the price is going up, and I direct you back to my original point, daily movements are irrelevant.
karmapolice
21/9/2021
10:40
Strong volume 7m now
zxie
21/9/2021
10:28
"While it is understood that this is extremely ambitious" translation. RUN..FOR..THE...FEKKIN...HILLS
purplepelmets
21/9/2021
10:20
So as per the cut and paste - its research they're involved in. So movements in crypto prices don't matter to the business, apart from quoting the big number multiples to impress the punters.
yump
21/9/2021
10:18
Oh dear this is hard work. When share prices are rising quickly, everyone looks at daily movements as if they're important, but the same folk say daily movements don't matter, when their favourite share has fallen out of favour. Been going on for years.
yump
21/9/2021
09:57
Keep loading is good price
zxie
21/9/2021
09:56
Source: UK Regulatory (RNS & others) TIDMQBT 18 August 2021 Quantum Blockchain Technologies Plc ("QBT" or "the Company") Crypto Mining R&D Project Update The board of Quantum Blockchain Technologies (AIM: QBT) is pleased to update the market on its Crypto Mining Research and Development ("R&D") project, which in the first instance will be used for the deployment of a proprietary technology for more efficient cryptocurrency mining. The primary goal of the project is to develop Bitcoin mining tools and techniques which will significantly outperform existing mining equipment, both in speed and energy consumption. While it is understood that this is extremely ambitious, the radically advanced technologies being utilised; quantum computing, Artifical Intelligence and Deep Learning, amongst others, renders the goal achievable. For this purpose, QBT has assembled a team of 13 sector experts, which is now fully operational. The members of the team have been selected from across the UK and Italy, and includes highly skilled professionals, Ph.D students and university professors, with expertise in, Quantum Computing, Machine Learning, Cryptography and Algorithms Optimisation Theory. QBT has entered into formal agreements with various university departments to retain the services of the new team. Any intellectual property and patents developed during the R&D project will belong exclusively to QBT. A number of working groups have been formed to address the key technologies at the core of QBT's crypto mining strategy. These are: * Quantum Computing * Cryptographic Optimisation * Deep Learning and Artificial Intelligence ("AI") * FPGA / ASIC Design * Algebraic and Boolean Equation Reduction * Very Large Big Data * High performance computing architectures As previously stated in the RNS of 2 June 2021, the Company has secured the services of an expert specialising in cryptocurrency mining blockchain optimisations. The development of only half of the optimisations previously created by the expert, has proved a 9.56% speed improvement using a commercial Graphic Processing Unit (GPU), compared to the standard Bitcoin mining algorithm on the same GPU. While it was never intended to use a GPU processor for Bitcoin mining, it is providing invaluable quantitative feedback on the optimisation techniques discovered by the in-house expert. A second and more impactful set of optimisations for the Bitcoin mining algorithm have now been identified by the expert, which will be filed as an international patent within weeks. This is ideally the first of several patents the Company plans to file in the coming months. More details on the efficiency in running the Bitcoin mining algorithm with this new set of optimisations, will be released shortly after filing the patent. The Field Progammable Gate Arrays ("FPGA") and Application Specific Integrated Circuit ("ASIC") expert retained by the Company will start implementing the first set of optimisations on FPGA this month and early completed versions of the FPGA are due by the end of October 2021, while the optimisations covered by the patent being filed are due by December 2021. Based on the performance achieved by the FPGA chip, it may be decided to use it as the Company's first mining engine. ASIC development work will start in parallel in October 2021. The design of the new IT infrastructure, which includes a 128 core Machine Learning workstation and an initial one Petabyte memory expandable unit, to host the proprietary enriched Bitcoin mining "Very Large Big Data", is now complete and its deployment into a data centre in Northern Italy will, due to favourable tax benefits on R&D, happen in September 2021. To date, all R&D has been completed using cloud resources. At the beginning of August 2021, the first Deep-Learning optimisation of the Bitcoin mining algorithm was autonomously generated by one of QBT's AI systems. This optimisation is identical to one of the phase-one optimisations created by the expert, but generated independently. This early result strongly supports the strategy adopted by the Company to invest in the heavy use of Deep Learning. Work on the D-Wave quantum computer has begun by QBT's quantum team. While an implementation of the core Bitcoin mining algorithm has already been developed, programming of this quantum processor requires a totally different approach to traditional software design. This is due to the specific approach to quantum computing of D-Wave's quantum processor, namely, quantum annealing. However, the efforts represented by the very steep initial learning curve, will hopefully, be rewarded by the significantly improved performance expected to be delivered by D-Wave's quantum processor. Updates on progress achieved will be released in due course. Francesco Gardin, CEO and Executive Chairman of QBT, commented, "Assembling a new team and taking this project to operational status within four months has been a difficult challenge and has required a tremendous effort. However, thanks to our exceptional team, we have been able to achieve this. "Over the past few months we have resisted the temptation to mine for cryptocurrencies using 'standard' methods as it is not part of our current strategy. QBT is looking to be a highly disruptive influence in the circa £75 billion* market of approximately 2.21m Bitcoins yet to be mined and we believe that the past few months of intensive R&D will be crucial to achieving this. Our strategy for Bitcoin mining is knowledge intensive, rather than capital intensive, based on the unique, combined interaction between our human experts and our innovative AI systems. "I would like to thank our shareholders for their patience and state that our roadmap is clearly defined and we will pursue it with determination." * at the current market price of US$46,400 per Bitcoin
karmapolice
21/9/2021
09:55
What challenge is this exactly? And as I said I don’t really follow your comments regarding daily price movements in April and you don’t seem to want to ratify that. I don’t really see the relevance of how long I have been investing either, though do tell us what quantum you have invested here please, that’s probably a more relevant question.
karmapolice
21/9/2021
09:42
So, challenge avoided. Go on, just one tangible thing they're doing with a crypto in the real world of business. Its OK to just say they're doing research. Daily movements are always banged on about when the share price is rising and then forgotten when its falling. How long have you been investing ?
yump
21/9/2021
09:35
If you actually bothered to read the RNS issued by the company you would know what they are doing, I suggest perhaps you do that. Daily movements were significant in April? Sorry I don’t follow, please clarify.
karmapolice
21/9/2021
09:33
only daily movements to the upside are significant here I am guessing
purplepelmets
21/9/2021
09:31
Daily movements were significant in April though of course. Name one thing they are actually doing in the real business world, with a crypto currency then Karma. Research doesn't count.
yump
21/9/2021
09:17
LOL frayed nerves much!! Gonna tell mummy again??
purplepelmets
21/9/2021
08:45
Lordy Lordy what a meltdown. Any news or just wild gamblers fleeing for the exit? BTW didn't a very astute investor call 1p for this week? He looks like Nostradamus the way his QBT predictions all come true and makes the pump and dump multi ID rampers look like clowns.
purplepelmets
20/9/2021
21:59
Bulgarian, do you remember an Irish exploration company loved by Penny share traders called Bula Resources? :-) That was one of those!
timbo
20/9/2021
20:49
^ reminds me of discussions from years ago in the O$G exploration space. Rampers would bang on about the price of oil or gas, blah blah, when the firm in question hadn't even put a drill in the ground. 9 times out 10 said firm subsequently served up a pile of dust. And the price of oil remained irrelevant. What remains to be seen here are the commercial deliverables and in what timescale.
bulgarian
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