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QBT Quantum Blockchain Technologies Plc

0.725
0.025 (3.57%)
19 Jul 2024 - Closed
Delayed by 15 minutes
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
  0.025 3.57% 0.725 0.70 0.75 0.80 0.675 0.68 5,869,678 16:23:13
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Offices-holdng Companies,nec 0 -5.03M -0.0039 -1.85 9.04M
Quantum Blockchain Technologies Plc is listed in the Offices-holdng Companies sector of the London Stock Exchange with ticker QBT. The last closing price for Quantum Blockchain Techn... was 0.70p. Over the last year, Quantum Blockchain Techn... shares have traded in a share price range of 0.675p to 3.625p.

Quantum Blockchain Techn... currently has 1,291,313,755 shares in issue. The market capitalisation of Quantum Blockchain Techn... is £9.04 million. Quantum Blockchain Techn... has a price to earnings ratio (PE ratio) of -1.85.

Quantum Blockchain Techn... Share Discussion Threads

Showing 11351 to 11371 of 38400 messages
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DateSubjectAuthorDiscuss
01/12/2021
21:25
"the estimated speed of QBT’s proprietary Bitcoin mining ASIC is expected to be at least twice as fast as the leading international Bitcoin miner manufacturer"

From RNS 30/11/21
The rationale to move from a 7nm to 5nm, is because the estimated speed of QBT’s proprietary Bitcoin mining ASIC is expected to be at least twice as fast as the leading international Bitcoin miner manufacturer, before taking into account the optimisations of a second patent under development, which are yet to be factored in.

The Company will, therefore, move directly to developing a 5nm ASIC prototype, although it will still consider a phase of testing, as an intermediate step, on the 12nm ASIC, as announced on 5 November 2021.

stevebrrr
01/12/2021
21:18
The ASIC chip R&D is only one of several different R&D streams running, including AI and Quantum Computing:

From RNS 30/11/21
“We continue to move fast to develop our disruptive Bitcoin mining strategy, of which the ASIC component is one of the key directions of our multidisciplinary cross-fertilising R&D approach.”

stevebrrr
01/12/2021
21:13
Potential chip fabs that will make 5nm chips suitable for QBTs new chip technology.

1. Taiwan Semiconductor Manufacturing Company
2. Samsung
3. United Microelectronics Corporation
4. GlobalFoundries
5. China’s Semiconductor Manufacturing International Corporation (SMIC)



Which nanoelectronics partner does QBT have an NDA with?

RNS 30/11/21
A Non-Disclosure Agreement (“NDA”) has been signed with an international research & development organisation, which is active in the field of nanoelectronics, and which will give the Company access to one of the few 5nm semiconductor fabrication plants currently operational in the world.

stevebrrr
01/12/2021
21:10
Potential chip fabs that will make 5nm chips suitable for QBTs new chip technology.

1. Taiwan Semiconductor Manufacturing Company
2. Samsung
3. United Microelectronics Corporation
4. GlobalFoundries
5. China’s Semiconductor Manufacturing International Corporation (SMIC)



Which nanoelectronics partner does QBT have an NDA with?

RNS 30/11/21
A Non-Disclosure Agreement (“NDA”) has been signed with an international research & development organisation, which is active in the field of nanoelectronics, and which will give the Company access to one of the few 5nm semiconductor fabrication plants currently operational in the world.

stevebrrr
01/12/2021
20:48
Understood T. You have forced my hand. I will now continue.
stevebrrr
01/12/2021
20:40
I don’t give a damn about this share, I’m not long nor short, bitcoins aren’t my thing

I just come here to laugh at the freaks - it’s hilarious

allenquatermain
01/12/2021
19:59
Got my alarm clock set for 7:50 tomorrow to laugh at the goons - I can’t wait
allenquatermain
01/12/2021
19:06
Hey soarey1 what is the share price ?
allenquatermain
01/12/2021
18:56
Who’s the “WE” Quaterbrain? Your multi ID aliases ?

Carry on fruitcake.

Anybody looking in use the other thread as this has turned into a multi ID troll thread

spary1
01/12/2021
18:23
Ahhhh bless spary1 is having a little blame game cos his shares are now under 3p

We are gonna be back every day to laugh at him

allenquatermain
01/12/2021
16:43
BTC touched $59100k again, another attempt to break $60k on the horizon tonight/ tomorrow.
figtree99
01/12/2021
16:16
Sparey1 - *hey stevebrrr this time next year we ain’t gonna be milyonaires*

BWAHAHAHA

One to print off and save

allenquatermain
01/12/2021
16:15
Moron leader sparey1 and his sidekick moron stevebrrr

Funny how they’ve gone quiet today

BWAHAHAHA

allenquatermain
01/12/2021
16:10
Thought I’d just pop in to the moron zoo and see how the morons sparey1 and Stevebrr are doing

BWAHAHAHA

allenquatermain
01/12/2021
15:59
The ASIC chip R&D is only one of several different R&D streams running, including AI and Quantum Computing:

“We continue to move fast to develop our disruptive Bitcoin mining strategy, of which the ASIC component is one of the key directions of our multidisciplinary cross-fertilising R&D approach.”

stevebrrr
01/12/2021
15:20
This particular section of the RNS is important to the future potential ultimate value that we have here at QBT --

The rationale to move from a 7nm to 5nm, is because the estimated speed of QBT’s proprietary Bitcoin mining ASIC is expected to be at least twice as fast as the leading international Bitcoin miner manufacturer, before taking into account the optimisations of a second patent under development, which are yet to be factored in.

The Company will, therefore, move directly to developing a 5nm ASIC prototype, although it will still consider a phase of testing, as an intermediate step, on the 12nm ASIC, as announced on 5 November 2021.

A Non-Disclosure Agreement (“NDA”) has been signed with an international research & development organisation, which is active in the field of nanoelectronics, and which will give the Company access to one of the few 5nm semiconductor fabrication plants currently operational in the world.

stevebrrr
01/12/2021
14:59
Hey sparey1 how are you QBT shares doing today HILARIOUS
mikesmythe
01/12/2021
14:59
While we wait lets discuss the contents of the RNS.
30 November 2021

Quantum Blockchain Technologies Plc(“QBT”; or “the Company”)

NDA signed to provide QBT with

5nm Technology for Proprietary Bitcoin mining ASIC

The board of Quantum Blockchain Technologies (AIM: QBT) is pleased to announce that it has made the key decision to focus on the development of the more efficient 5nm Application-Specific Integrated Circuit (“ASIC”), rather than a 7nm ASIC (as announced on 5 November 2021), to use as its proprietary Bitcoin mining tool.

This decision was taken following a recent market announcement by a leading international Bitcoin mining equipment manufacturer that it will use 5nm ASICs for its the next generation of Bitcoin miners, which it expects to release in the second half of 2022. Accordingly, QBT has updated its development programme for the prototyping and industrial manufacturing of its proprietary Bitcoin mining, to use the 5nm ASIC.

Based on the Company’s internal projections, it believes that its previously planned optimised 7nm ASIC, would run at the same speed as the proposed 5nm ASIC, as announced by the above-mentioned Bitcoin miner manufacturer; this calculation is assuming the same number of ASICs will be used in the next mining model, as the above-mentioned miner currently applies to its existing model.

The rationale to move from a 7nm to 5nm, is because the estimated speed of QBT’s proprietary Bitcoin mining ASIC is expected to be at least twice as fast as the leading international Bitcoin miner manufacturer, before taking into account the optimisations of a second patent under development, which are yet to be factored in.

The Company will, therefore, move directly to developing a 5nm ASIC prototype, although it will still consider a phase of testing, as an intermediate step, on the 12nm ASIC, as announced on 5 November 2021.

A Non-Disclosure Agreement (“NDA”) has been signed with an international research & development organisation, which is active in the field of nanoelectronics, and which will give the Company access to one of the few 5nm semiconductor fabrication plants currently operational in the world.

The Company recognises that this significant step change, from 7nm to 5nm will, with regards to industrial production be significantly more expensive than its original strategy. However, as a first step, the initial phase of prototype testing of a 5nm ASIC will not cost the Company much more than the same process for a 7nm ASIC.

Assuming that the second patent application is filed by the Company’s cryptography expert by the end of February 2022, a first 5nm prototype, which would include all the improvements of both QBT’s first (ASIC UltraBoost) and second patent application, could be ready for manufacture in Q3 2022.

Detailed calculations on the energy consumption will be available only at the end of the ASIC design phase, before the small batch manufacturing of a prototype, when the ASIC software development platform will be able to perform a realistic estimate.

Francesco Gardin, CEO and Executive Chairman of QBT, commented: “Access to the 5nm technology for our ASIC Bitcoin mining chip is, after careful consideration, the natural choice for QBT in 2022. While the 12nm prototype is still an easy and relatively low-cost option, which we may still use for strategic ‘time-to-mine’ testing and early mining, the 5nm ASIC is now definitely our target.

“We have quickly identified a major international supplier, which will give us access to the 5nm technology and support our design team, given the very specific features and know-how involved when designing a 5nm ASIC. By entering into an NDA with this party, we can now begin the assessment of the timeline of the project, including the costs to produce a 5nm prototype and take it to industrial production.

“We continue to move fast to develop our disruptive Bitcoin mining strategy, of which the ASIC component is one of the key directions of our multidisciplinary cross-fertilising R&D approach.”

stevebrrr
01/12/2021
14:00
Pmsl err ok Allen, what ever you say fruitcake 🤡🤡🤡
spary1
01/12/2021
13:40
Spary1 blaming the market for QBT down today that’s funny cos must other shares seem to be up
allenquatermain
01/12/2021
12:09
Oh dear your beloved ARB is down also ooppppsssss 🙊
spary1
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