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QBT Quantum Blockchain Technologies Plc

0.75
0.025 (3.45%)
22 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 3.45% 0.75 0.70 0.80 0.75 0.725 0.73 3,302,059 08:18:47
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Offices-holdng Companies,nec 0 -5.03M -0.0039 -1.92 9.36M
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 0.73p. 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 £9.36 million. Quantum Blockchain Techn... has a price to earnings ratio (PE ratio) of -1.92.

Quantum Blockchain Techn... Share Discussion Threads

Showing 16801 to 16822 of 38425 messages
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DateSubjectAuthorDiscuss
24/3/2022
13:40
Poor old Spary...have you come across these 2 before.? It really does appear nasty and personal.
iglenn
24/3/2022
13:39
I think Spary has hit the nail on the head Cryptominer. You have been posting continuous negative drivel (including bigging yourself up as some sort of expert) since Jul last year so one has to beg the question WHY.? Why would you even look at QBT if you are as negative as you post.? Why would you lower the tone as the other troll does to call Spary stupid (in the misbelief it make you look clever).

I answered your question but you ignored the answer...a very clear action of either a paid deramper or just a troll with nothing better to do than post on boards where he has no vested interest.

Very odd behaviour.

iglenn
24/3/2022
13:27
sparidiot the BTC price is to take in consideration when there is something concrete. Now I see that all the QBT mining facts are only in the clouds but I'm ready to look at concrete facts.
cryptominer
24/3/2022
13:06
Testing BTC real time, can be every 10 minutes,24hrs a day that is the best thing.

If you wanted to question what constitues %success rate in the field testimg incl speed and efficiency rate, energy saving. No of cycles/ no of phases, And the mining activities coverage, end to end.

This is all now imminent, and we are in the thick of it.
We may get some clues, after 1-2cycles, who knows...

figtree99
24/3/2022
12:49
It will have been two weeks tomorrow since last update. What time frame does a 'shortly' and 'as soon as practical' mean in the RNS?
hsdeo
24/3/2022
12:36
Broke down the rns.
QBT will have filed a total of “5 patents”

My only question is ASIC “ultraboost221; term was not mentioned in the rns, it could be there is a name change, that is all.

Other than that 25 updates in the rns.

figtree99
24/3/2022
12:14
Pmsl Quaterbrain, you sound just as dopey as Cryptominer, seems we have plenty of people willing to invest as they can see where the company is going 😉
spary1
24/3/2022
12:13
Cryptominer, you are the idiot, maybe you should learn what QBT ore going you thicko, it’s plain to see all you are trying to is troll here, if you don’t like the company jog on, it’s that simple but it’s clear to see you have a trolling agenda
spary1
24/3/2022
11:57
IT infrastructure

✔️The Company's IT infrastructure is now fully operational.

✔️Solo mining activities, created to test AI accelerated miners, running on CPU, GPU and FPGA are currently being finalised.
✔️The Company will provide the results of these tests once testing has been completed.

Francesco Gardin, CEO and Executive Chairman of QBT, commented: "We have made
impressive progress on all our core R&D areas.

Field Testing
✔️we will now start field testing our optimisations of BTC mining in the next few weeks.

Performance measures
✔️"We are also conducting internal and independent performance measures to help
us assess mining speed and energy consumption within the ASIC line of research,
which is now at the simulation stage. Based on data we have recorded to date,
we expect to see a higher performance than originally estimated; this is mainly
due to the optimisations which will be included in the second patent
application, based on the work of our cryptography expert and the coding
techniques implemented by our FPGA/ASIC Design Team.

✔️"All of the results will be verified before any cooling techniques are
implemented which, if applied, could allow for a further increase in speed."


Note: Field testing is a critical step in the last phase of mobile testing. After all regression tests pass, testers would go into the real environment to verify an application's usability and behavior. The purpose of field testing is to determine how an application works before releasing it to end-users.

figtree99
24/3/2022
11:56
ASIC Development and Second Patent

✔️Drafting of the technical document for the Company's second patent application
is now complete and implementation on an FPGA is nearly finished.

✔️Results of the “overall performance achieved by the combination of the optimisations from the first and the second patent” will be obtained for the final FPGA code
shortly.

✔️The Company plans to conduct tests using the new optimisations within
an ASIC development environment, to provide more accurate measurements with
respect to energy consumption and mining speed, on a 5nm ASIC, which is the
Company's ultimate goal.

✔️The Company is working with two independent partners to conduct verification
tests on the final performance of QBT's prototype ASIC. Their role is also to
advise on how best to achieve efficiencies in coding, in order to best exploit
the specific manufacturing technologies of individual silicon fabricators, when
it comes to manufacturing of the prototype chips.

✔️Quantitative performance data will be available within a few weeks.
———;——̵2;

figtree99
24/3/2022
11:56
Artificial Intelligence based Bitcoin Mining

✔️The Company is pleased to announce that it has appointed an international
expert in the field of Machine Learning to its AI Research Team. The expert is
the former head of the Neural Networks Research Laboratory of the Department of
Computer Science of the University of Milan.

?

✔️The use of AI techniques (mainly Machine Learning) to speed up the successful
mining of BTC, has been studied by the R&D Team. As part of the testing
process, these techniques have been partially applied across different levels
of the entire BTC mining process.

As soon as quantitative results are available. Next step:
✔️The Company will build prototype "solo" BTC miners (i.e., not in pool mining), using existing or separate Computer Processing Units ("CPU"), Graphics Processing Units ("GPU") and FPGA cores.

✔️A patent application: on the specific AI techniques (ML) developed, will be filed as
soon as practical.
————————-

figtree99
24/3/2022
11:55
11 March 2022

                      Quantum Blockchain Technologies Plc
                           ("QBT" or "the Company")

                Bitcoin Mining Research and Development Update

The board of Quantum Blockchain Technologies (AIM: QBT) is pleased to update
shareholders on the current progress of its Bitcoin mining R&D activities.

✔️R16;The Company's multi-technology approach to develop the fastest Bitcoin ("BTC")
miner in the market, is moving rapidly ahead”.

The board and its R&D Team are extremely pleased with the results achieved to date and the Company intends to put them into practical use as soon as possible. In the meantime, QBT is securing its Intellectual Property ("IP") assets, by filing a number of new
patent applications for each new research result obtained.

Quantum Mining

✔️The Quantum Computing R&D Team has now developed a quantum version of a BTC
mining algorithm, based on Quantum Bit ("qubit") based quantum computation,
using quantum logic gates.

✔️Testing of the quantum programme will begin shortly on a quantum computer, following the signing last week of an NDA with a major US technology manufacturer.

✔️Patent application: The new qubit based algorithm. Company to file a patent application to protect this BTC mining development, which will be lodged shortly.

✔️DWAVE testing
Following six months of testing on the D-Wave quantum computer, which is based
on adiabatic quantum annealing computation ("quantum annealing") (i.e., not
using qubits / quantum logic gates), the Company completed the analysis phase
in December 2021, acquiring all of the necessary information. Testing has been
suspended on this type of quantum computer. Most of the work conducted for
programming the adiabatic quantum annealing based computer, has been, however,
very relevant for the Quantum Computing R&D Team, and has resulted in an
innovative reformulation of SHA-256 (the core BTC mining algorithm) as an
optimisation problem.

✔️Major Japanese producer
This new reformulation to be solved with a quantum annealing approach, has now
been developed and tested on a cloud accessed quantum annealing software
simulator, made available to the Company's Quantum Computing R&D Team by a
major Japanese producer.

✔️A version of the quantum annealing simulator has been implemented, using available specifications which will be run initially from an IT R&D platform in a datacentre in Milan, Italy.

✔️This allows the Company to develop quantum annealing optimisation simulator code on a number of dedicated FPGA chips.

Under development
✔️The “combined use of the quantum optimisation algorithm and the ASIC miner”,
which is currently under development by the Company, is expected to increase
the hashing speed, compared to the best ASIC miners announced by competitors.
✔️Tests are ongoing to confirm these initial experimental indications.
✔️A patent application: relating to the optimisation conversion of the BTC mining
algorithm and its integration with an ASIC based miner, will be filed as soon
as practical.

———;——̵2;—-

figtree99
24/3/2022
11:37
When ;0) been waiting long enough
stumbleupon
24/3/2022
11:35
Since we exposed multi alias conman troll zxie / mr woodman / moor sir over a year ago he has gained 0 new followers

Hilarious

“Mr Quatermain keeping the public safe from conmen and scammers since 2021”

allenquatermain
24/3/2022
10:28
Breakout imminent
7rademark
24/3/2022
10:11
Bitcoin up again.
hazl
24/3/2022
09:54
You nailed him again Zixe 😎
spary1
24/3/2022
08:38
You gotta larf when multialias troll conman appears with his alias mr woodland

I think it’s time to warn everyone about this freak again

allenquatermain
24/3/2022
08:21
The article is positive about bit coin.



However


'With this many stakeholders in crypto in the U.S., it is now “pretty much impossible” to ban crypto, Neuner said.'

I don't know if I totally believe that.
Thoughts?

hazl
24/3/2022
08:10
Spot on Zixe, 12 toes dog easy angry
spary1
24/3/2022
08:01
Yep.....clueless thicko Quarterbrain really losing the plot now lolllll. He lost all his money on the stock market copying other peoples ideas coz he has none of his own....... HILARIOUS!!!


Meanwhile our QBT shares are strong and good news/updates are due any time on multiple fronts.

Recommendation: FILL YOUR BOOTS! :-)

broomrigg
24/3/2022
08:01
Yes 12toes dog easy angry
zxie
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