George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
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Paras 5 & 6 !!!
Https://x.com/samsnaughtybean/status/1783044010912686581?s=46
Just seen a great post which really made me chuckle on my other crypto dabble.You know the one that’s been smashed back to a tad over 1p over the past 2 days and where allegedly Resident Narc holds epic amounts!! Anyways , allegedly it’s on the Kestrel lager daily which would def account for its behavioural issues and explains an awful lot.Not selective it has intrinsic anger and hatred of all and everything.I get the feeling things aren’t really panning out very well in general bless.Frantic and desperate covering all around spring to mind.The inherent tension and fear are almost palpable.Another swig of The Kest is the answer lol!!
News imminent apparently
Jambone
Posted in: QBT
Posts: 6,678
Price: 1.50
No Opinion
RE: News Next on deals with miners 30 Jun 2023 09:04
FG said the next news was to be deals with miners so……..
Vlad will have seen the miners by now or still seeing them so expecting an update on this any moment moving forwards
Cheers combo, appreciate it
I thought everyone would have known that the way Jam spammed this board with that X video every single hour of the day for weeks telling all who would listen that a deal was imminent?
Another Jambonerism up in smoke.
I'm just pleased you were here to put him right Brew. Such a level headed and knowledgeable person and of course add to that the impartiality and lack of bias in your arguments this BB would be lost without you.
Not really subtle, just displaying a lack of knowledge regarding core CGMiner devs, their ethos and the clumsy way QBT approached one of them.
Much to subtle chipoff. Funny however yes.
Why would I? I assume you are refering to comments made by fuzzy who has a friend that's an expert computer wizz 😳 thing is..... I have a mate that's also a computer wizz and he says fuzzy's mate is wrong 👍 also the cleaning lady here at work is Italian and she says her husbands, brothers, dog once pooped on fuzzy's lawn 💩 I'm glad we cleared that one up..... Well fuzzy did anyway 🤣
QBT confirmed live testing was happening in an X video released in Jan 2024 that had been filmed at the latest in Dec 2023.
Chipofftheblock - this was my reading of the last RNS also.
I’m not sure they have them working on the Bitmain rig yet. FG admitted that the porting issues hadn’t yet been solved because of the reverse engineering required for the rig and the chip (not documented)
But he mentioned there were NDAs with Chinese and North American rig manufacturers. So my view is the current live testing is occurring on a North American manufactured mining device. QBT would already have all the details they needed about the chip to be able to port.
For the people asking if tests had been running since December, it was only in the March update that FG said QBT has figured out the OS integration with CGMiner. Therefore I think as soon s this occurred they had compatibility with the US manufacturers, rig, chip, and operating system therefore allowing them to move to live testing.
Once the porting issues have been solved on the Chinese rigs perhaps we’ll also see testing on there. If the US manufacturer is Block though then this would be brilliant news.
You might want to dig a little further and see past Bobsocks, then again maybe you don't....
So working on the assumption they have a rig from Block (the ASIC mining device) and running tests on this since at least late Dec 2023 you would imagine that they would have had a good idea by FGs Mar 2024 interview if it worked or not.
Agreed that their messaging should be clearer in their news releases.
Admittedly the news releases are often confusing and it leaves people here arguing, I have told PR this in the past that they need to put clear bullet points on progress.
My view is that if they are testing the methods then they have them working either on bitmain or a prototype rig sent from block (MDK) or even that they have constructed their own prototype rig? Though reading about the MDK it appears to be open source and uses the intel chips x100 so if they got their hands on one they could well be using this with the methods installed and be achieving results on a rig that hasn't yet been developed but this would show Block what they can achieve and if the results are as good as previously published then Block would obviously take an interest in QBT
But no I dictation it was working? Hence why FG said that would be the next news
Is this not telling the market? From the last R&D update
In addition to the above, the development of Method B, as an extension to CGminer, a standard operating system used by almost all commercial mining rigs, has been particularly complex, given the intricacies of more than 50,000 lines of open-source C-code developed by the CGminer community. The key issues have been addressed and the Company is performing intensive live mining tests 24/7 using ASIC-based Bitcoin mining devices connected to two large mining pools.
I very much doubt they would have had Method B working on the live blockchain for months and have not told the market. It does not make sense. Neither does any involvement with Block but stranger things have happened.
That's posts from bobsocks of course it doesn't read well 🤣
On bitmain rigs, I assume that refers to
'what would block need to send staff over for?'
Because as per FG on 14/03/2024 Method B could not yet be confirmed as working as this would be the next news announced. So six months after your email QBT were unable to get Method B working, a team from Block would have helped.
This doesn't read well at all.
Why would they need to? If QBT have already proved they can install these methods on a prototype rig sent over by block aka MDK hashboard, QBT who quoted they have been testing over two major mining pools 24/7 and have hundreds of pages of data from these test, what would block need to send staff over for?
I have been saying for many months that things could suddenly change or new news could be released upon the announcement that Block have released their new rigs, and that day in my opinion is very close indeed, my belief is that blocks rigs will be both faster and more efficient than the bitmain rigs, or why bother releasing it? They have been openly asking developers for their help on creating this new rig and I'm confident QBT would have answered their calling
Block have 12500 staff. QBT are claiming tech that will disrupt the entire Bitcoin market. You don't find it odd that they couldn't dedicate a small team to partner with QBT?