Quantum Blockchain Techn... Share Discussion Threads

[volsung] 30/9/2021 14:11

Top of the leader board...Get In!

[cobra kai] 30/9/2021 14:06

How's the cash position here?

and convertible loans in the closet here?

I want to buy it.

[spary1] 30/9/2021 13:51

Wait till we get the RNS to state we are mining with these new chips or we have sold the chips or partnering with a Bitcoin miner, then as you say John, BOOM

[spary1] 30/9/2021 13:47

And we have had major progress since then

[spary1] 30/9/2021 13:47

Yep took a couple of weeks to get to 4.4p last time if I recal

[knigel] 30/9/2021 13:31

Seems like the market has woken up

[glasswala] 30/9/2021 13:30

This was 5p some months back so really at 1.55 this really needs to go a long way up

[smackeraim] 30/9/2021 13:30

Market certainly likes it

[buffskins] 30/9/2021 13:25

loving it JC, keep em coming :0)

[johncasey] 30/9/2021 13:18

game changing rns ...ahead of the game..this could finish ARB off

[johncasey] 30/9/2021 13:17

shes gonna blow guys..incessant buying

[spary1] 30/9/2021 13:16

Today’s RNS offers this

AsicBoost: AsicBoost is a patent-pending method to speed up Bitcoin mining by a factor of approximately 20%. The performance gain is achieved through a high­ level optimization of the Bitcoin mining algorithm (SHA256) which allows for a drastic reduction in gate count on the mining chip.

The SHA256 function being a combination of the message schedule and the compression function, when considering the optimisations of ASIC UltraBoost for the entire SHA256 function, the number of operations across the 3 iterations of SHA256 are reduced by approximately 7%.

A nearly 7% efficiency in running the Bitcoin mining algorithm can be used to increase mining speed or save energy. On the massive numbers of iterations involved in mining, this level of saving represents, either a 7% increase in the mining probability, or a 7% energy saving at the existing mining probability. In both cases, for large mining facilities this optimisation corresponds to significant mining revenues, or saved energy bills, all leading to increased profit. We are very optimistic on the future results of our R&D efforts, as this first patent application has shown.

“Finally, I’d like to thank the whole R&D team of QBT, with a special mention to our cryptography expert, who has been key to this first important success of the R&D programme.”

Sweet, now I wonder who we will partner with or who will by our tech seeing helmet is worried about cash, (which we have) won’t be long before we do a ARB style rise imho

Staff are happy with the option reward shares at 5p and 10p to reward them for their hard work, I’m sure this will be multiples of that before to long imho

ARB went from 4p to £3.30 and a market cap of 1.1 billion I think it was from memory

[karmapolice] 30/9/2021 13:07

ALL OF IT

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!!
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!!
/

[karmapolice] 30/9/2021 13:06

Are you being deliberately obtuse?

READ THE RNS

[spary1] 30/9/2021 12:54

Try reading the whole RNS Bulgarian ;)

KP and other investors obviously have !

[bulgarian] 30/9/2021 11:54

KP,

As you are a stickler for the facts - perhaps you would point us to where in the RNS,

"..
AsicBoost: AsicBoost is a patent-pending method to speed up Bitcoin mining by a factor of approximately 20%. The performance gain is achieved through a high­ level optimization of the Bitcoin mining algorithm (SHA256) which allows for a drastic reduction in gate count on the mining chip.."

Is mentioned exactly?

[figtree99] 30/9/2021 11:54

Propriety mining?

This breakthrough result, which we believe has the potential to be game changing, will be used for the deployment of our proprietary FPGA and ASIC implementations of the Bitcoin mining algorithm."

[mr woodland] 30/9/2021 11:51

KarmapoliceMember moron since: 29 Jun 2021

[karmapolice] 30/9/2021 11:50

Try actually reading the RNS properly instead of skimming it for negatives.


AsicBoost: AsicBoost is a patent-pending method to speed up Bitcoin mining by a factor of approximately 20%. The performance gain is achieved through a high­ level optimization of the Bitcoin mining algorithm (SHA256) which allows for a drastic reduction in gate count on the mining chip.

The SHA256 function being a combination of the message schedule and the compression function, when considering the optimisations of ASIC UltraBoost for the entire SHA256 function, the number of operations across the 3 iterations of SHA256 are reduced by approximately 7%.

A nearly 7% efficiency in running the Bitcoin mining algorithm can be used to increase mining speed or save energy. On the massive numbers of iterations involved in mining, this level of saving represents, either a 7% increase in the mining probability, or a 7% energy saving at the existing mining probability. In both cases, for large mining facilities this optimisation corresponds to significant mining revenues, or saved energy bills, all leading to increased profit. We are very optimistic on the future results of our R&D efforts, as this first patent application has shown.

“Finally, I’d like to thank the whole R&D team of QBT, with a special mention to our cryptography expert, who has been key to this first important success of the R&D programme.â€

[bulgarian] 30/9/2021 11:38

From this mornings RNS:

"..Francesco Gardin, CEO and Chairman commented: “Filing the ASIC UltraBoost patent application is the first milestone resulting from our R&D programme, achieved in just four months. It is the first of many patents the Company is working on and plans to file. This breakthrough result, which we believe has the potential to be game changing, will be used for the deployment of our proprietary FPGA and ASIC implementations of the Bitcoin mining algorithm.

“A nearly 7% efficiency in running the Bitcoin mining algorithm can be used to increase mining speed or save energy. On the massive numbers of iterations involved in mining, this level of saving represents, either a 7% increase in the mining probability, or a 7% energy saving at the existing mining probability. In both cases, for large mining facilities this optimisation corresponds to significant mining revenues, or saved energy bills, all leading to increased profit. We are very optimistic on the future results of our R&D efforts, as this first patent application has shown.."

Pay particular attention to the name of the "product" having a patent applied for & the suggested minig efficiency?

I don't see the CEO referring to a product called AsicBoost, or claiming a 20% increase in mining probability?

Or did I read his comments wrong?

[glasswala] 30/9/2021 11:24

It's advfn that decides to put it in the buy or sell side. They are guessing but it may not be in the right place

[zxie] 30/9/2021 11:21

Few million buy 9am

[spary1] 30/9/2021 11:14

Delayed buys now showing as sells, classic MM smoke and mirrors

Print buys as they happen would be nice

9.10 million trade just printed as a sell is a buy if you time slot it