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Added few more today also.
News tomorrow would make my week. Strapped in Mark:))
Timelines have been set and the deliverable dates have been given. This truly is a ground breaking stock. You have to ride the waves until you reach your goal. I am HODL until I hit the heights that I believe qbt will reach.
Good luck Dave. Hope to see you soon back on qbt
If this is the start to yet another great week, then heavens help us. Will soak up another couple % loss, before calling it a day, the constant drop in the SP is getting a little disturbing. Anyway GLA.
Might be the case, sold a further million, some one is taking them. That life. Good luck to you to!
On the bright side all going well, I will be back to raise your SP
Hope we get an RNS tomorrow..... ;-)
Guys, sold for no other reason than rainbow chasing, I have a long history with GDR, still have faith here and will return.
Was really surprised I managed to sell that amount, albeit the trade price for many was 2.855. Took a hit as my average was around 3.7. ill keep up with the board and I look forward to an RNS on, most likely 10 Dec or the following week . Cant see them saying ah, its no happening, we are giving up. Looks positive
Blimey Dave, some chunky selling there, hope it works out for you. I did think that the unknown trades were sells, that is the only explanation for the sp being down today.
Thanks Dave, you havev exposed our iceberg buyer then. Good luck.
to help out, I sold over 13 million to move funds to GDR, I still hold 2 million.
Some huge sells to land £104k is one, and two others one around £70k, the other over £100k can't remember the exact amount, think £117k and several smaller ones.
Yep. Someone has given the nod. News must be on its way imo.
Quant,
Every reason to be confident after todays volume, and buying spreeeeee...
Being held is not a big deal, if you are quietly confident you know why so ;)
Next indicator is trade volume back at 40m-60m
Indeed, can sell 4 million live. £110k worth. Lol
Trade Volume worth noting for a Monday. Usually very quiet.
BUY SELLS
11.2M Versus 1.6M
Someone is loading up ...
No never held UKOG.
Hey Mark, are you the same Marky from UKOG ?
Welcome aboard Mark@1973. Good to see you here. Good choice.
People in fairly high places have noticed the work going on here I know that much.
; )
I’m happy enough gotta take a long term view on some of this stuff anyway. Not a massive position for me but enough to make me smile when it comes good.
There will be a lot of holders who bought at top-end, not just yourself, so that title will be shared amongst a lot of investors, who are waiting for breakout 5p++
There has been a lot of development optimisation RnD work commenced and being undertaken at rapid speed and excellent news updates in the past 6months, yet we are still held at 3p.
CEO/ QBT - accredited-experts are on the cusp of something that could chnage the current BTC mining industry forever.
“Disruptive and radical” upsetting the status quo keeps me in here.
No one is selling, except for a few trader/ shorters.
LTH’s are all in. We are only just getting started.
Patience will pay off.
Got it.
We’ve already touched 4.2p
If we close shop @ 3.95p, we will break past 5p easily next few days.
10p by end of year is achievable.
I bought the top of the last spike.
Might change my name to bagholderMark :D
Nov 5th 2021
RnD on AI Accelerator:
“Moreover, early experimental evidence, using AI techniques to multiply by several factors the speed of an FGPA for computing the Bitcoin mining algorithm, would make even an FPGA a competitive Bitcoin mining tool. This same principal would apply to ASIC and other existing commercial mining tools. (Upgrade GPU’s?).”
Tests on this innovative approach, will continue over the next three months.
Expected by Jan-22
This is a huge market.
Figgy I’m already in :D
You put me on to this when G3e was still a thing :D
M73, In case you are tempted to dip a toe with your crypto’s wallet:
RNS SOURCE: NOV5th 2021 +2 Interviews
QBT has completed FPGA development phase and is moving to develop its ASIC protype:
“Initial estimates derived from the FPGA performance obtained from our internal testing, would indicate that when the final industrial ASIC prototype design is completed “it could outperform the fastest ASIC chip, currently being used to mine Bitcoin by at least 24%.”
FPGA and ASIC ULTRABOOST CHIPS development summary of rapid progress so far:
RnD: Based on 5 knowledge intensive approaches to make BTC block mining greener. Faster and more energy efficient.
ASIC ultra boosterPrototype- Architecture design work for ASIC prototype to commence Dec-21
FPGA chips = leads to protype of ASIC “ULTRABOOST” chip -by Jan-22
FPGA - low level programming required - TICK
BTC algorithm core architecture for FPGA chip selected and modification completed-Tick
First phase of the FPGA development has now been completed- TICK
FPGA’s optimised to be better than very best ASIC chips currently on the market - TICK
FPGA chip =ASIC “ultraboost” prototype ready by Jan-end-2022 - Open
Testing - commence on “final design” of more expensive / faster ASIC prototype chip by end of Q1-2022. =March-22 -Open
QBT PATENTS
The QBT - ASIC “ULTRABOOST” patents:
Pt_1 = ASIC ULTRABOOST +24% faster than the very best current ASIC commercial. Filed
Pt_2 = ASIC ultraBOOST +24% +7% improvements /reduction in energy consumption by in current progress expert for “International Patent_2 “. by Dec21 TBD
- equates to radical improvements if announced (TBC)
FG CEO commented : I expect patents to be approved in months. Each Patents are assets
RnD road to Ccy/ BTC MINING
IT infrastructure, ready for Bitcoin mining tests to be carried out, operational in 5weeks= Early Dec-21
BTC MINING Testing- BTC mining testing commences on 12th Dec-2021
BTC MINING Self-Mining QBT ready for BTC mining by Q2-22 with “ASIC ultraboost’chip
Quantum Blockchain Tech. offically transform as BTC blockchain validators - Q1/Q2-22
Quantum Blockchain Tech, join the “Climate Accord group” - Q2-22 TBD
————————————————————————————————————
FPGA=ASIC “ULTRABOOST” chips could become a powerful Bitcoin mining machine.
Aim to mine both faster and with less overall energy consumption than current practices.
Ultimate goal is to produce an enhanced 7 nanometers (nm) ASIC chip
An industrial production of QBT’s ASIC at 7nm, would indicate a double hash rate of 1.19TH/s, hence 24% faster.
To become Independant NextGenerationMiner: ASIC ultraboost+ “Chip Producers” for own BTC CCY mining “and suppliers of Chips, to seek partners” licence approach (Open to all discussions)
Market cap = £27m.
C. Sp = 3.5p
BTC price: $63k
Circ Market size = £110Billion
(Stock options set to ex-5p and 10p from Feb/May-22.
A bonus if successful -Q2-22 Court funds =€9m
Company fully funded until end of 2022