Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
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A nearly 7% efficiency in running the Bitcoin mining algorithm can be used to increase mining speed or save energy.
I have shared today's news release with our friend Blonity (Lucas)
With any luck he will be crunching the numbers already and who knows may even be getting in contact with some of the industry heavy weights as I type.
If ASIC UltraBoost is what it claims to be then big finance and strategic business partners will be keen to get involved.
Fascinating Stuff
(thanks for the share by someone on the Argo board)
I shared yesterday's ASIC UltraBoost patent filing via a direct twitter message with MicroStrategy CEO Michael Saylor.
The Bitcoin Mining Council members should be interested in an innovation that could give them a 7% advantage in Bitcoin profitability.
Investors getting the word out took Argo from 7p to £3 in just a few months.....
Interesting investment now that's for sure
Bear in mind guys that once all 21m BTC coins have been mined there is no need for Bitcoin mining machines any longer. Only a couple of million left to go and the mining h party is over.
It’s all about green energy and energy efficiency. Pre mined coins use minimum energy. Ancient BTC tech will be phased out eventually.
The very last bitcoin will be with a fortune
No one knows for sure what will happen when all bitcoin has been unlocked. It's not beyond the realms of possibility for more to be made available.
But they'll still be mined this decade. The final 3% wont be exhausted until the next century.
There's always going to be a demand to process transactions.
The last Bitcoin won’t be mined until 2140. We will all be pushing the daisies up by then.
I've been sending out info of the ASIC UltraBoost patent to;
Michael Saylor
Bitcoin Mining Council
Ducumenting Bitcoin
Bitcoin Archive
Blonity
Perry Hothi
& others in the BTC mining industry
Just need the story to break with one or more of the BTC news outlets.... (of course it might backfire if it gets the thumbs down for any reason but that's always the risk)
Should get some attention from the right people so worth the effort imo
One reply from so far from my efforts and I was pleased to hear that they are following this news closely (thumbs up emoji)
too many froms in that post lol
DSFLAT - Excellent work! Thanks
Excellent. Much obliged.
Sounds interesting. Looking forward to further developments.
DSFLAT,
Nicework, maybe worth sending a ultraboost rns link to Elon.....;)
Great to have new posters, new opinions, “new holding investors” who bought in on yesterdays ASIC news from here on.
Yesterdays ULTRABOOST ASIC RNS news came as a shock to the market. In denial if anyone had predicted this so soon.
FG is fast learning from Crypto Expert on how to shake this aim market now, “disruptive” is the way forward.
With many more patents to follow, Company’s start to pay attention to such developments.
2 words: Well done !
The reply I received was from someone involved with The Bitcoin Mining Council; https://bitcoinminingcouncil.com/
They informed me they were following this closely.....
It strikes me that this group would benefit from some potential energy saving innovation news on their part
It would be quite something if they got involved here (thumbs up emoji)
Just have to wait and see whilst watching out for any suspiciously large buys dropping in ;-)
You mean like the 2.5 million buy showing after close on Friday?
wonder if that 2.5 mill buyer knows something we dont
If we can get building mining eqpt then it will get up to 1 squid in short time. How long assuming demo basics machine works to put a 1000 into operation?
Come on Michael Saylor lets see you buy this tech co
I just suggested MS and Elon buy in here and take it to the next level (on twatter)
You never know, it's out there in the realms of possibilities :-)
One post and three buys from me here today..
actually make that two posts :-)
Had another dabble today myself.
Lets see what happens.
Anyone realistically think this can go to 2p this week? asking for a friend
Yes, with crypto’s going nuts.
Not a chance without an RNS.
Haha don’t sugar count it Valle :)
looks like this is crashing today :(((