Quantum Blockchain Techn... Share Discussion Threads

[glenbo1] 17/11/2022 17:15

Firstly old bean,can you please justify your argument. Why is this company worthless?Because your boss or Head honcho says so...I wonder who he could be?????Oh dear oh dear!!!!Answers on a postcard please!!!!

[eezymunny] 17/11/2022 15:07

The idiotic, unthinking rampers getting their usual well-deserved rogering. I'm struggling to come up with any fair valuation that's above zero. And I've yet to see any comment from any idiot that could even vaguely justify a 10m market cap.

Fools and their money....always the same.

[hazelst] 17/11/2022 15:07

Time to top up?

[stumbleupon] 17/11/2022 10:41

We recognise that they cannot hold it down too long...it should go back at least 1.5 soonish

[iceagefarmer] 17/11/2022 10:19

mms desperate for sellers and dont want buyers..ridiculous spread again

[stumbleupon] 17/11/2022 08:47

Good start to the day...;0)

[iceagefarmer] 16/11/2022 21:00

very odd the price has fallen this low..only one option..buy more!

[sharetalk] 16/11/2022 18:41

Another interivew with QBT's CEO out today, with an indication of timeline:

Quantum Blockchain Technologies making progress
Nov 16, 2022

hTTpS://youtu.be/KZYpAQAFfuI

Re ML Method B: "We achieved an improvement up to today of nearly 30% by using existing algorithm, which means we can replace the software and get this kind of performance, which means that we don't have to wait a year, a year and a half to get a chip ready, but this can be done in a much shorter space of time."


Implies ML Method B will be ready in less than a year, so perhaps H1 2023.

[mikesmythe] 16/11/2022 17:52

Yesterday ballend boomrigg wrote * Share price is down because all the dreamers who expected the shares to go to a quid overnight due to a Quantum computing miracle RNS are bailing out* The share is down another 10% today WHATS THIS LIARS EXCUSE GOING TO BE FOR TODAY DELUDED CONMAN

[millair] 16/11/2022 17:25

Quantum Blockchain Technologies making progress
Nov 16, 2022

hTTpS://youtu.be/KZYpAQAFfuI

Quantum Blockchain Technologies PLC (AIM:QBT) chairman and CEO Francesco Gardin speaks to Proactive about what he believes is a "potential game-changing" development in Quantum's efforts to help make bitcoin mining more efficient. He says that the company has achieved "an improvement... of nearly 30%" by using an existing algorithm.
He adds that Quantum has recently appointed a new chief research officer.

[sharetalk] 16/11/2022 11:23

In October 2022, Riot mined 509 bitcoin, Marathon mined 615 and Core Scientific mined 1295 (Total = 2419). That is just three US miners for one month during a downturn. It wouldn't be difficult for QBT's software to penetrate the market and get to a sizeable return quite quickly. Do the maths on the top 10 or 15 miners (excluding any in Russia).

[glenbo1] 16/11/2022 10:36

It wasn't an RNS

[stumbleupon] 16/11/2022 10:35

Are all these trades buys?

[atlantic57] 16/11/2022 08:53

Sharetalk thank you that is a very helpful post.

[sharetalk] 16/11/2022 08:32

Currently around 900/day or 27,000/month bitcoins are mined world-wide.

If QBT software were used by miners currently mining even just 4000/month bitcoins, giving those miners 1200 extra (+30%), and QBT earned 10% or 120 bitcoin/month of the upside, that would give QBT just over $2m/month revenue at a current bitcoin price of around $16,800.

That alone could make QBT a $250m+ mcap company, and they could improve further on the 30% upside, the software could be used even more widely, they could charge a higher commission, the bitcoin price could rise, or all four, further increasing revenues to QBT.

[atlantic57] 16/11/2022 08:19

Iceage I am puzzled by your posts.

The Companies progress does not appear to be anything like what was promised last year.

Based on your projections of 250 p or even 20 p the market is clearly missing something.

[idriveajag] 16/11/2022 07:57

Could be $millions per month revenue to QBT.

[iceagefarmer] 15/11/2022 16:38

if youre not in QBT by now you might not be able to buy soon below 20p..trust me this is going to fly to the stars..target price 250p

[stumbleupon] 15/11/2022 16:33

One heck of a day

[terminator101] 15/11/2022 15:11

will be some years before sufficiently powerful quantum computers become available This is what says it all for this overvalued fluff

[sharetalk] 15/11/2022 15:08

On the basis of QBT earning a 10% commission on users' upside, that presumably suggests for example, a company previously mining 500 bitcoins per month, uses QBT software and experiences a 30% boost producing an extra 150 bitcoins per month, would pay QBT 15 bitcoins per month (which QBT could then sell or hold for future upside).

The potential revenues to QBT are mind boggling and without really doing anything except distributing their software to a handful of well known miners.

[idriveajag] 15/11/2022 14:47

If QBT were to earn even just a 10% cut of the expected 30% improvement, the revenues to QBT would be transformational, and without capital expenditure, dilution or risk to QBT.


Imagine the revenues to QBT if their software is installed on 50%, 75% or 100% of all mining machines run by medium and large mining companies and QBT earn 10% of the upside. It's a substantial figure!


The 30% also applies to current and future chips, so is future proof for several years, by when QBT will have the quantum computer mining to take over.


Get in now imo.

[stumbleupon] 15/11/2022 14:30

Seems to have escaped alot of people