Quantum Blockchain Techn... Share Discussion Threads

[spary1] 10/4/2022 20:44

Nope you maliciously troll, shows what a bitter sad old lush you really are.

You really are desperate pulling all the one liners out the book of troll.

[bulgarian] 10/4/2022 20:38

Sprat1,

I'm sure you said the same on MSMN @ 30p, That went well..

Lets hope this doesn't do a repeat performance..

While I hoist a red flag..

[spary1] 10/4/2022 20:25

Lol, and another sly dig at the share is slipped in there, we are only just t the start of what should be an exciting journey but thanks for your concern.

;-)

[bulgarian] 10/4/2022 20:15

Keep polishing ladies..

;-)

[spary1] 10/4/2022 20:13

Don’t forget the Guffaw mate

[bulgarian] 10/4/2022 19:52

Bumfluff,

you go polish yer Pom Poms.

[bulgarian] 10/4/2022 19:49

Sprat1,

Go take your "analysis" & shove it where the sun doesn't.

Best place for it.

[spary1] 10/4/2022 19:35

Bully boy with the passive aggressive posts as normal, zzzzzzz

[bulgarian] 10/4/2022 19:31

Bumfluff,

Do make sure you, Sprat1 & Biffa are around when the Fat Lady Sings?

I'm sure you could start an argument in an empty room..

Thats cryptic.

CHLL. Guffaw.

[broomrigg] 10/4/2022 19:16

Hey Quarterbrain....QBT are going to £5 next week you clueless innumerate loser lolllll

[broomrigg] 10/4/2022 19:04

Sole purpose in writing that was get you to bite Quarterbrain......IT WORKED A TREAT!! soooo easy!! HILARIOUS!!.......


AllenQuatermain10 Apr '22 - 17:25 - 14719 of 14720
0 0 1
Bellend of the week goes to …

Broomrigg - 07 Apr 2022 - 19:18:31 - 14639 of 14719
Let's not mince our words......£1 is coming

[allenquatermain] 10/4/2022 17:25

Bellend of the week goes to …

Broomrigg - 07 Apr 2022 - 19:18:31 - 14639 of 14719
Let's not mince our words......£1 is coming

[spary1] 10/4/2022 17:22

AllenQuaterbrain
Bulgarian
Cryptominer

All desperate trolls

Only need to look at the posts

News must be due hence the desperation pmsl

[bulgarian] 10/4/2022 16:35

Sprat1,

CHLL

;-) Guffaw

[spary1] 10/4/2022 13:01

Posted the latest update again as Cryptominer is trying to muddie the waters

11 March 2022

Quantum Blockchain Technologies Plc(“QBTâ€� or “the Companyâ€ʏ33;)

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.

The Companyâ€͐2;s multi-technology approach to develop the fastest Bitcoin (“BTCâ€�) 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 (“IPâ€�) 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.

The new qubit based algorithm is significant enough to encourage the Company to file a patent application to protect this BTC mining development, which will be lodged shortly.

Following six months of testing on the D-Wave quantum computer, which is based on adiabatic quantum annealing computation (“quantum annealingâ€5533;) (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.

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 Companyâ€͐2;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 will allow the Company to develop quantum annealing optimisation simulator code on a number of dedicated FPGA chips.

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.

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 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 developed, will be filed as soon as practical.

ASIC Development and Second Patent

Drafting of the technical document for the Companyâ€͐2;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 Companyâ€͐2;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.

IT infrastructure

The Companyâ€͐2;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, and we will now start field testing our optimisations of BTC mining in the next few weeks.

“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.â€ᦙ3;

[cryptominer] 10/4/2022 12:34

Oh spary1 nobody here is interested in what you think about me and I already said that I'm NOT an ex employee or shareholder of 64 Bit!!!! You have mental problems or like Putin you don't like who think in a different way. Argument closed. Here it is important that QBT till now has mined ZERO

[zxie] 10/4/2022 08:41

12 toes dog stop barking?