How QBT take advantage of the delay between generations ASIC chips5 Mar 2024 23:13
Https://www.youtube.com/watch?v=XJrQLVXWmEU
Basically what FG is saying here is that QBT are always playing catch up but that's OK because it gives them time to hack the old stuff. However there are now three or four new chip designers so all QBT has to do is phone them up, tell them they are doing it wrong and get their stuff built in. Nothing like a bit of arrogance to cement a future partnership.
Just to kill one initial concern. My, probably rock solid, guess is that these new kids on the block are all Chinese so QBT will have to suck the possibility that they are going to rip off QBT's IP, assuming they have or get any.
Of course QBT have often burbled about their prowess in FPGA and ASIC design even going so far as to give timescales for the introduction of this technology by the company. For example,
https://quantumblockchaintechnologies.co.uk/images/QBT_-_Business_Update_-_In-house_RD_2_June_21.pdf
"Furthermore, already existing and imminent optimisations are expected to be made available for mining on commercial cores within the next three months, on FPGA chips within the next six months and ultimately on ASIC chips by the second half 2022."
I think we can file that one in the 'didn't happen' bin but interestingly from the same RNS,
"As part of the one-year service agreement, the consultant has been awarded share options over 10,000,000 new ordinary shares of 0.25 pence each in the Company at an exercise price of 5p each, and which can be exercised between 15 February 2022 and 15 August 2022."
Whether the 'didn't happen' was a failure by the Consultant or the Company might be in question but if it was by the company I doubt the consultant is too happy about working for options that did not materialise.
Anyway as we know from the above QBT happily burble on about ASICs sometime like never and unfortunately never never arrives. It's a bit like tomorrow. However given I am just that kind of positive proactive forward thinking chap that you have all come to know and love I thought I would help them out with this one.
I had a hunt for ASIC manufacturers using a search engine, presumably QBT haven't heard about such things rather like not knowing BitMain was the leading rig manufacturer, and I found these chaps.
https://innosilicon.shop/html/mining-asic/index.html
Who say they can take your ASIC design, or FPGA design and convert it to an ASIC, and slap it down on a bit of silicon for you including processes down to 5nm. Apart from the fact that they are Chinese that should be problem solved. They even have a subsidiary in the UK.
https://find-and-update.company-information.service.gov.uk/company/13685859
I look forward to the RNS... sometime like never.
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