Quantum Blockchain Techn... Share Discussion Threads

[figtree99] 01/10/2021 21:14

I recall it being predicted to fall to $43k, when at $52,000, and it did.

Worth following such analysts.
October is going to be a great month, you can feel in here now.
Hundreds of new investors now on board.

With “many more patents” planned on ASIC/ FPGA, BTC 256algo optimisation - BTC Mining, it demands attention in the BTC mining industry. Whether they want it or not. Companies will be watching QBT and Crytographers RnD progress, yesterday changed the dynamics and crypto expert work is now being exposed to industry, some may want a slice of the action as future partners or come forward as JV. ASIC development work starts this month....

The price of BTC to $64,000 is inevitable, the recent extreme volatility is building upto something volcanic. Besides it has been there before once.

October pre-court case - QBT 2-3p. Again it has been there before.

[king suarez] 01/10/2021 20:34

Well, it is Oct 1st today, so technically that prediction of $63k has failed already ;)

[knigel] 01/10/2021 20:12

Except this isn’t an one trick pony - it’s why I invest in mineral/gold companies - they only soar if they hit the jackpot - and you only need to get it right a few times to make a decent fortune - so stay out if you want to “risk” it :-)

[bulgarian] 01/10/2021 20:07

".. PlanB (who is famous for his Stock-to-flow model) predicted that the lowest price of BTC would be:
August - $47K
September - $43K
October - $63K
November - $98K
December - $135K.."

The price of BTC or any other is irrelevant until this firm actually get on the playing field and out of the research lab/ patent lawyers office.

End of.

[bulgarian] 01/10/2021 19:59

What a waste of an RNS yesterday - as well as the blockbuster patent update, they could easily have included an update on the Italian data centre project, that they previously stated would be in Sept21.

There must be a very good reason for that which will become clear shortly?

[spary1] 01/10/2021 19:46

Bulgarian, it’s the 1st of October today so a little bit early to be worrying about that but yes they do need to update us ASAP, do you not think it’s time to put your energy into investing ?

Also if this comes true, I did see it last month and thought there was no way Bitcoin would drop to $43k

In June of this year, PlanB (who is famous for his Stock-to-flow model) predicted that the lowest price of BTC would be:
August - $47K
September - $43K
October - $63K
November - $98K
December - $135K

Predictions for August and September are also quite accurate

[bulgarian] 01/10/2021 19:36

KarmaPillock,

Remind us all what the share price was when you first morphed from the figment of imagination of another blowhard's keyboard and landed on ADVFN?

Hilarious. but not for those who bought the ramp at 4p+

The firm RNSd 18/8 that a first deliverable was due in September 21. Its now October 21.

Perhaps the next RNS will be to confirm its happened or when its due to happen?

".."..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..."

[karmapolice] 01/10/2021 19:15

So after trolling this board over the past couple of days Bulgarian actually reads the RNS and realises that they have made themselves look like a right fit, it actually goes as far as to go back and edit all of their posts! What a complete fruitloop.

[spary1] 01/10/2021 18:53

Figtree, have you seen this

In June of this year, PlanB (who is famous for his Stock-to-flow model) predicted that the lowest price of BTC would be:
August - $47K
September - $43K
October - $63K
November - $98K
December - $135K

Predictions for August and September are also quite accurate

[spary1] 01/10/2021 18:48

Bulgarian thanks for pointing out the next news due, like I said if you put as much effort into investing as you do trolling then you would do very well !

Look at this

In June of this year, PlanB (who is famous for his Stock-to-flow model) predicted that the lowest price of BTC would be:
August - $47K
September - $43K
October - $63K
November - $98K
December - $135K

Predictions for August and September are also quite accurate.


Now have a think where this could put QBT SP

[bulgarian] 01/10/2021 18:42

According to the 18/8 RNS, the Company stated:

"..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..."

Did that happen? If so, please point me to the RNS where it has been confirmed by the firm.

[figtree99] 01/10/2021 18:16

From another board (very respected ARB holder).........

I've been sending out info of the ASIC UltraBoost patent to;

Michael Saylor
Bitcoin Mining Council
Ducumenting Bitcoin
Bitcoin Archive
Blonity
Perry Hothi
& others in the BTC mining industry

Just need the story to break with one or more of the BTC news outlets.... (of course it might backfire if it gets the thumbs down for any reason but that's always the risk)

Should get some attention from the right people so worth the effort imo

[spary1] 01/10/2021 18:12

Bitcoin flying up at the moment, $47.5k

It’s being said it’s going to $120k year end, going to be interesting to watch what does happen

In June of this year, PlanB (who is famous for his Stock-to-flow model) predicted that the lowest price of BTC would be:
August - $47K
September - $43K
October - $63K
November - $98K
December - $135K

Predictions for August and September are also quite accurate

[figtree99] 01/10/2021 17:46

The week has been great. My predicition 2p by end of next week smashed.
It is COMING.........!!



$48,0000

[spary1] 01/10/2021 17:32

Hey up Bulgarian, you have edited your posts again, glad you have admitted you got it wrong after re-reading the RNS

Bulgarian1 Oct '21 - 11:21 - 3746 of 3747
0 2 0
Interesting developments - after having re-read the RNS.

Maybe you should put some of your energy into investing instead of trolling ?

[bbanker] 01/10/2021 13:20

Very good end to week. Bitcoin up nearly 10% today and a chance to top up QBT shares following some profit taking. Much happier with progress and PP really has nothing to say. Perhaps he will go somewhere else and try and screw up some other investors. Roll on next week.

[uk2day] 01/10/2021 12:07

Exactly!, just added to my position here on the strength of it!

No brainer!!!

[smackeraim] 01/10/2021 11:43

Look at bitcoin go!

[karmapolice] 01/10/2021 11:23

The ASIC UltraBoost can be described as an improvement of the Bitcoin mining process (building on all other existing optimisations in the market, including ASIC Boost) eliminating redundant computation of a key part the Bitcoin mining algorithm, resulting in a faster and more efficient mining process.
The optimisation starts from the initial consideration that currently, Bitcoin miners attempt to find the winning hash acceptable to the Bitcoin Network by calculating multiple midstates (by rolling the Version), passing them through further hashing (by rolling the Nonce) to obtain a final hash value that is less than or equal to the Target. 
ASIC UltraBoost looks to improve the algorithmic efficiency of Bitcoin mining by proposing 3 specific variants to the SHA256 message scheduler for the 3 instances of SHA256 in Bitcoin mining. These Optimal SHA256 Message Schedule Variants result in faster and more efficient Bitcoin mining by eliminating the redundant computations within the SHA256 message schedule specific to Bitcoin mining.
As such, the calculation of the midstates alongside the calculation of the message digest is significantly optimised. 
ASIC UltraBoost reduces the Message Schedule calculations for the 3 iterations of SHA256 by approximately 20%.
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%.
More accurate results, including an overall percentage improvement will be available when ASIC UltraBoost is implemented in hardware.

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. 

[bulgarian] 01/10/2021 11:21

Interesting developments - after having re-read the RNS.

[spary1] 01/10/2021 11:15

What about when a patent gets passed then, you still going to be stuck ?

[spary1] 01/10/2021 11:12

You seem to be struggling about the increase in speed Bulgarian? How interesting for an uninvested troll Bulgarian

Are you stuck on the patent pending bit