Member Info for bamb

That's really good to hear :)

nasty mm's....

QBT is looking to be a highly disruptive influence in the circa £75 billion market of approximately 2.21m Bitcoins yet to be mined

Court case outcomes should act as a nice safety net but the potential here is staggering. Awareness around the energy consumption of Bitcoin is gaining traction almost every day another country is debating the issue...

Intel?

Bitcoin mining consumes more electricity than many countries and if Intel’s mining ASIC is successful, consumption is only going to go up, something that continues to alarm environmental activists. Though repeatedly delayed, at least Ethereum is still scheduled to switch its mining consensus mechanism away from energy intensive proof of work mining to a much more efficient proof of stake model. It’s better for the environment, and it will also mean that mining demand for GPUs should all but dry up! We hope anyway.

Intel will present its Bitcoin hardware on Wednesday, February 23rd at the ISSCC conference.

With more countries or blocs proposing a ban on mining, coupled with hopefully a strong year for Bitcoin, just imagine if FG announces positive results on mining speed and energy efficiency....what price would someone pay that is if FG doesn't keep it to himself

https://www.ft.com/content/8a29b412-348d-4f73-8af4-1f38e69f28cf

The goal of the Company is to develop disruptive Bitcoin mining technology, to mine both faster and with less overall energy consumption than current practices.

now russia propose to ban Bitcoin mining due to energy consumption... and bitcoin on a good run today

what's a few tenths of a penny on the long run

SP would have been over 10p if he kept up the PR....alas

good post Bladey

if an oil company can turn oil into water then anything is possible with 12m pay column. drop well overdone IMO

''That said, it the business' current practice I'm interested in and not the current legal issues from the past albeit lovely if we win them, it will provide a nice financial cushion.''

Hell yes, any success on the mining and whatever the court cases yield will be negligible...

now you are trolling.

Francesco Gardin, CEO and Chairman of QBT, commented, “Once again, we are very pleased with the outcome of this intermediate hearing, especially in relation to the fast-track schedule for the next steps of this legal action.

“The Company maintains a confident outlook on the merit of the legal claim, and will, in the meantime, continue working on its new strategy focused on Blockchain, Artificial Intelligence, Cryptocurrencies and Quantum Computing.”

https://www.youtube.com/watch?v=AcXyguedDEk

From last months Proactive

'We are also getting extraordinary results from our AI team which means if we can incorporate those results into our chip, our chip could be 100 TIMES...1000 TIMES faster...we have early indications that our AI techniques will make the computation of the Bitcoin algorithm even faster at 3 orders of magnitude...no promises but if our research confirms this we could even develop our mining system on current commercial system chips which means we could be in a position to mine as soon as beginning if 2022...again it's if, if, if....and be able to mine using our experimental algorithms in Q1 2022'

#oscars #bestactor

yep...

agree ballard....as soon as tai drill started DM put on some show for us. I did complain to the FCA. I think the #discovery tweet was disgraceful, almost fraudelent

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