The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Yes no details in the email, however we know who bought the intel chips, and he states he can not discuss who because of confidentialities signed, we now know who bought the chips so not hard to put two and two together, it also says we are close to realising the performance of the rig, so perhaps block kindly sent a couple over for running tests?
My best guess would be that Block intend to use these rigs within their mining facilities, which wouldn't be included in the whole open source response some have been giving on here, using methods A and or B then an ideal scenario for you all would be that there have been discussions on the 3nm development using method C 🤔
So since Oct 2023 Block have now announced their own 3nm chip. Given that email what do you believe is QBTs involvement with Block?
October last year
Interesting but again, as with everything from QBT, hints at a wider picture without any detail.
What was the date of the email from QBT?
AHS- get over to GST. They need you ..
Just for you brew
https://twitter.com/SamsNaughtyBean/status/1783044010912686581?t=1EZ7T4IppzFTqXzbPPBThw&s=19
The only paranoid person here is you, spending all day on a share that you think has no prospects but obviously you think it must affect GST or have some bearing because you’re putting so much effort into making it look bad.
Otherwise, why are you here? And why is your silly Mate brew following you everywhere?
You really are a fool
Suthy cheers for the book, we haven't had one of your predictions for a while, what was it, when live tests announced mm's would have no choice but to open the price at £1?
Dummies you say........
Chip- lol 😂.
QBT Proprietary ASIC chip
The Company has commenced development of a proprietary ASIC chip. A working prototype is about to undergo development which will confirm performance levels.
The Company has started a process to design and build a proprietary ASIC chip for Bitcoin mining. Initial chips will be designed in an established process node during the testing phase. The prototype will implement the proprietary optimised version of SHA-256, as per the Company’s two patent applications (i.e., ASIC UltraBoost and ASIC EnhanceBoost) as well as the new Method C. It is expected that a working prototype will confirm the architecture feasibility and performance of this new QBT proprietary intellectual property.
Once manufactured, the chips will not be used for industrial Bitcoin mining, instead they will be utilised as an affordable real-world proving ground for QBT’s disruptive Bitcoin mining technology. The Company believes that by creating its own chip it will be better situated to construct its new architecture from the ground up. The Company has decided to facilitate this development with a mature process node chip due to its lower manufacturing costs rather than for example, a market-leading 5nm prototype ASIC, which would cost nearly £2m
I believe there is a very tenuous link as QBT said there were no porting issues onto Intel chips (although they have not provided any proof of this) and Block buying up Intel inventory when they withdrew from the market back in Apr 2023.
As far as I am aware there has been no acknowledgement from either side that they are working, or even aware, of one another. QBT also stated that they were, in Mar 2024, still not actually at the stage of negotiating with anyone and would not be doing so until they proved their tech worked with live results, which are still pending.
Given all the above, and Blocks commitment to open source suggests there is zero collabaration currently between the two companies. Just my opinion, no doubt Jambone will use their usual childish misrepresentation to claim that I think QBT are conkers deep in Block.
Swing one my way as well please mate 👍
Aimlower- I have sent you a book, it’s called “ investing for dummies “. .
Your header says
'If only Qbt were involved'
I'm sure your 'intellect' would suggest we all knew what you meant. Ill ask you again oh intelligent one, why or how would they be?
Williwont- agreed Brew has more knowledge and a much better troll. Aimlower is still learning to read
Apologies accepted thank you.
My original post was not meant to be negative, it was more of an open question to generate meaningful discussion, unfortunately this is a concept way beyond AHS intellect, at least Brew can contribute some decent points although usually with a negative bias.
Williwonti, I apologise.
Here is the link you posted
https://www.mining.build/latest-updates-3nm-system/
Wiikiwont- it was just your immediate assumption that Qbt were not involved. We have to deal with some of the most persistent trolling on AIM, which is not an easy job.
PS- Aimlower I have just signed up for the bot tick up.
It may not be as good as your one
It would be much better if someone could explain why they think Qbt could be involved instead of simply saying 'well you never know we could be'
Every bit of evidence would suggest Qbt are not involved, over to the rampers to tell us why they could be..... your time to shine
Brew, the magic words are MIGHT want to…
Also there is no reason why anyone can’t use QBT software, just imagine making new chips/rigs that don’t allow for QBT software.
Now if you could purchase a rig that was capable of mining 160% better for a % fee of the extra mined or a licence that would earn you more money or a rig that doesn’t allow for this then what would you buy?
FG has already mentioned months back about talking with chip manufacturers and allowing for QBT software…
Any way Brew, don’t forget you dropped the ball twice now, by saying what if QBT software was with drawn, so you clearly think QBT will succeed and also on fruition you think QBt will be a Billion £ plus company.
Also a GST fan boy has been exposed, again your posts carry no weight as you have been found out.
Please don't hijack my post with inane playground fighting!
Yes I agree, we could be involved, who knows until NDAs are finalised and announcements are made.
30% in profit cheers.
Yours?
Yep his pension pot looks a lot less today, but what goes around comes around!
Aimlower - how is your pension with GST doing?
Block has already stated its firmware will be open source which means the QBT code would be available to whoever wanted it. It is possible that the firmware could consume QBTs SaaS giving protection to the core algos but very, very unlikely given Dorseys very public stance on decentralisation and open source principles.
'in the interest of transparency, we intend to make our mining firmware accessible to developers who might want to modify or extend the feature set'
https://www.mining.build/an-update-on-our-mining-software/