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It's possible... Zero spread now 2.80p / 2.80p
HL offering 2.75 for 100k shares
The ASIC UltraBoost can be described as an improvement of the Bitcoin mining
process (building on all other existing optimisations in the market, including
ASIC Boost) eliminating redundant computation of a key part the Bitcoin mining
algorithm, resulting in a faster and more efficient mining process.
The mention of AsicBoost is important (I previously posted about this)
'A nearly 7% efficiency in running the Bitcoin mining algorithm can be used to
increase mining speed or save energy.'
Needs no further explanation....
https://www.bloomberg.com/press-releases/2021-09-30/quantum-blockchain-technologies-plc-asic-ultraboost-patent-application
BIG
'The ASIC UltraBoost can be described as an improvement of the Bitcoin mining
process (building on all other existing optimisations in the market, including
ASIC Boost) eliminating redundant computation of a key part the Bitcoin mining
algorithm, resulting in a faster and more efficient mining process.'
The mention of AsicBoost is important and how QBT's ASIC UltraBoost optimizes on top of the AsicBoost patent tech. Google AsicBoost and Timo Hanke. QBT's cryptographic expert has sought anonymity which could mean they were directly involved in the AsicBoost tech... ???
'A nearly 7% efficiency in running the Bitcoin mining algorithm can be used to
increase mining speed or save energy.'
Needs no further explanation....
https://www.bloomberg.com/press-releases/2021-09-30/quantum-blockchain-technologies-plc-asic-ultraboost-patent-application
BIG
BTFD
Or perhaps if your in QBT it's;
BTFC
Buy The F..in Chip ;-)
I'm still hoping that Michael Saylor's MicroStrategy are buying..
The idea of MS talking to his broker saying 'Buy it, Buy it all' (like the Mark Baum character in The Big Short)
I know it's a long shot but those Bitcoin Billionaires can do stuff like that
Come on Michael or Jack :-)
Important to understand one of the reasons for the recent price increase;
'The ASIC UltraBoost can be described as an improvement of the Bitcoin mining
process (building on all other existing optimisations in the market, including
ASIC Boost) eliminating redundant computation of a key part the Bitcoin mining
algorithm, resulting in a faster and more efficient mining process.'
The mention of AsicBoost is important and how QBT's ASIC UltraBoost optimizes on top of the AsicBoost patent tech. Google AsicBoost and Timo Hanke. QBT's cryptographic expert has sought anonymity which could mean they were directly involved in the AsicBoost tech... ???
'A nearly 7% efficiency in running the Bitcoin mining algorithm can be used to
increase mining speed or save energy.'
Needs no further explanation....
https://www.bloomberg.com/press-releases/2021-09-30/quantum-blockchain-technologies-plc-asic-ultraboost-patent-application
Lots of Toads will try to scare you out of your shares and today we have even see a Monkey lol
Important to understand one of the reasons for the recent price increase;
'The ASIC UltraBoost can be described as an improvement of the Bitcoin mining
process (building on all other existing optimisations in the market, including
ASIC Boost) eliminating redundant computation of a key part the Bitcoin mining
algorithm, resulting in a faster and more efficient mining process.'
The mention of AsicBoost is important and how QBT's ASIC UltraBoost optimizes on top of the AsicBoost patent tech. Google AsicBoost and Timo Hanke. QBT's cryptographic expert has sought anonymity which could mean they were directly involved in the AsicBoost tech... ???
'A nearly 7% efficiency in running the Bitcoin mining algorithm can be used to
increase mining speed or save energy.'
Needs no further explanation....
https://www.bloomberg.com/press-releases/2021-09-30/quantum-blockchain-technologies-plc-asic-ultraboost-patent-application
Lots of Cane Toads will try to scare you out of your shares and yesterday we even saw a Monkey lol
If you find his linked in profile you will see he was involved in asic boost.
Keep your focus
The ASIC UltraBoost can be described as an improvement of the Bitcoin mining
process (building on all other existing optimisations in the market, including
ASIC Boost)
A nearly 7% efficiency in running the Bitcoin mining algorithm can be used to
increase mining speed or save energy.
https://www.bloomberg.com/press-releases/2021-09-30/quantum-blockchain-technologies-plc-asic-ultraboost-patent-application
Add in some other chip optimizations and mining
BOOM
The ASIC UltraBoost patent is all this needs
The strawberry sauce will be the other chip developments and optimizations from our R & D
& Bitcoin mining will be the Cherry on the top
Can you smell that ??
What?
MONEY ;-)
Keep your focus
Any of the BIG guys want in on QBT's ASIC UltraBoost and other R & D tech and this goes interstellar
Bitfury is interesting...
Involved with Cipher Mining $2 Billion new mining company, no Bitcoin, no rigs until June 2022..
They are investing in AI and recently set up a new R & D department..
Looking to go PLC soon
Will QBT get a call from CEO Valery Vavilov ? Who knows but I made sure Valery knew about QBT's R & D
https://bitfury.com/
Well worth some digging around Bitfury's business and it's involvement with the AsicBoost...
You never know what could happen here but the ip could be worth a Kings Ransom
I'm surprised your tea didn't come out of your ears..
There's clearly nothing between them :-)
Do one De Lackey, trust me you don't want me on the Argo board
ASIC UltraBoost patent filed should mean QBT holders are one RNS away from a new partner, investor or buyer.
IF the patent stands up to scrutiny I see no reason why one of the BIG BTC players wouldn't want in.
Billions being spent on rigs and mining ops right now and that presumably will only increase in the years ahead.
Does the new patent infringe on the existing AsicBoost patent ? who knows but if it doesn't and it works then someone will want the ip.
If the ip isn't for sale then the company must become a HT target
My plan is to sit tight, add on any big dips and see how it pans out
imo DYOR etc
Keep your focus
The ASIC UltraBoost can be described as an improvement of the Bitcoin mining
process (building on all other existing optimisations in the market, including
ASIC Boost)
A nearly 7% efficiency in running the Bitcoin mining algorithm can be used to
increase mining speed or save energy.
https://www.bloomberg.com/press-releases/2021-09-30/quantum-blockchain-technologies-plc-asic-ultraboost-patent-application
Add in some other chip optimizations and mining
BOOM
imo dyor etc
Absolutely its an improvement, however it's only a stop gap / future add on to the latest developments in Quantum processing, that can run 60,000 faster than other super computers.
Hopefully that stop gap will be taken with QBT's ASIC UltraBoost, before there is a huge push for the ZuChongzhi chip.
Just a reminder that I bought ARB at 5.65p
It dropped to 3p
Then went to £3
You can be early and it can be a bumpy ride...
But if you're right and lady luck is smiling upon you the dips don't matter
If you're wrong at least you had the minerals to take that chance
imo wtfdik etc
Spot on keep the focus.
Once news drops it wont stick around this level.
All paper fluctuations here, watching the despertae uninvested.
What day was last news?
Keep seeing mention of ARB. Unless anything has suddenly changed here, we still don't mine any crypto's, so the comparison to ARB is pointless.
Anyone know if and when the patent application is likely to succeed? I thought it takes close to 2 years to push a patent through. Also, how are QBT likely to take it to market? Do we have any expertise in the commercial side?
Discussed already, pat pending protects the IP that QBT develops. Next.
The comparison is still quite relevant as it shows what a new innovative company in the Crytpo world can achieve in terms of growth potential. Both companies might do different things but both are in the same space which is worth billions!!!! and growing !!!!
Seeing a lot of buying going through now..
Yeah Suthy, but the gold market is worth billions. That doesn't mean every gold prospector is a sure thing. Also, the ARB value rocketed because they mine crypto's and stated how many BTC they were mining as the BTC value was increasing. QBT don't mine anything.
Huge buying pressure now
Ip - PATENT
Worth saying also, intellectual property is protected from the moment you file a patent, ie, you don't have to wait until it's granted to benefit from protection against IP infringement. Upon filing, the status of your patent application is known as "patent pending" and your product is protected. Once patent pending expires, assuming a full patent hasn't been granted yet, you either have to renew the application, or you lose patent pending status along with the protection that goes with it.
This is how patents work.
We all know this.