Member Info for BobsSocks

"Bob, another load of nonsense, perhaps they have found a miner who he is happy to set up a live mining rig, costing them, hardly anything so the figures you are talking about do not exist.

The miner would have lost nothing, but gained a huge amount."

Jambone Idiot Clone.

Do the sums yourself.

https://ycharts.com/indicators/bitcoin_network_hash_rate

https://www.asicminervalue.com/miners/bitmain/antminer-t21-190th

Pesently 56 years for a rig to solve a block.

Oh you can't because you are an idiot and even if you could overcome your stupids you would be unable to overcome your embarrassment.

"BobsS .... difficult to follow your posts as usual, so much weird brain dump to read !"

Sorry about that. If you look at the numbers you have given then they kind of agree with what I am suggesting. 1,000 rigs for a month to see something. However it's statistics so you need to check if it was a fluke or not. The fluke can also run the other way. You might end up mining less than you though you should even if it does work.

In your scenario to run the test you might end up sacrificing 18 BTC or $756,000. The more rigs you use the faster you find out so let's say they commit 10%. This time they might lose $7,560,000.

"I think what is taking the time is agreeing a contract."

That would be a big call however they don't need a contract for use. At this point no-one is buying anything from them. They need a contract to test which is in effect a contract to bet the farm. Are you going to blow a possible $7,560,000 just to let QBT play around and then sell the results to your competitors assuming it works?

There is a bit of subtlety and nuance over and above the 'no brainer' stuff the FOMO boys throw about the place

Firstly there is some confusion over what they are testing. They supposedly have hardware solution(s) but these have not been implemented. Intel was a proof of concept where they would have got to propose modifications but Intel blew that up. The other, patent applied for, proposals require intervention when the masks are laid out. This is why they babble about having an in with the suggested ASIC people.

The AI stuff is being used under the SaaS proposition to supposedly protect their IP. This is the one that purportedly increases the probability of finding a solution by a factor of 2.6 You have been told again and again and again that this is a statistical problem. You have been given the sums. One Rig on ~One Rig would take in excess of 40 years to see any meaningful results. 1,000 rigs might show a significant result after a month but, as a miner, you would want to apply confidence levels so probably two months.

As a result of the companies abysmal PR we have no idea what they may or may not have started or when it may have started if at all. There may be hopeful blathering about NDA and other get outs but that's just clutching at straws. It would cost them nothing to announce they have begun testing on a given number of rigs and state how long that testing would take and why before they saw results. They haven't.

No amount of wheedling about or begging off can excuse that. Your only conclusion can be that they have not, as yet, scored a client who will donate enough rigs to permit proper testing of their ideas and, once again, if and when that happens and it is announced you will be waiting another two months for the testing to conclude. Furthermore the longer this is dragged out without an announcement the more you will have to think that they have nothing or the barriers to market entry are insurmountable.

"They are in there, where do you think he got them from? If you were invested you would know all this but as you don’t you look foolish, that’s your problem!"

That's strange. Although you will deny it, I was invested yesterday and saw no revelations as a result of losing money. How much money would I have to lose before your secrets are revealed?

"Green box, you know the rest"

Excellent. It has always been my goal to avoid Upticks for fear of being accused of upticking myself using my Miltiple-IDs.

For the Full Fat Experience don't forget to mention you have not read one of my posts.

"R33, might be worth you reading through all the RNS/PRN, articles as you will pic up a lot more than me making up misleading stuff. Also check out the randoms on their X-twitter feed."

FTFY

1) Run the AI Model(s) against the live network.

2) Publish the predicted Nonce ranges.

3) Profit!1!

Why haven't they done this?

Not a lot going on here either...

https://www.ipo.gov.uk/p-ipsum/Case/PublicationNumber/GB2611321/Documents

I'm not sure how the PR team would deal with that.

"We stopped posting our videos to X because investors were asking too many questions."

"We stopped responding to the UK Patent Office because Bob was asking why. Oh! Wait!"

"Here we go again, Bob, you bring nothing to the board, let’s answer this again, because they don’t have to do at this point."

I think it would be a good idea if they get their fingers out and did so. After all. They have the models. They say they can predict the ranges. Just run it live on the network and publish the ranges so everyone can see. It will take a week tops for the data to become statistically significant. The miners will pile in and you will all become millionaires.

Sounds like you have a problem with becoming a millionaire.

https://www.youtube.com/watch?v=sNUSBi8x4tg

1) Run the AI Model(s) against the live network.

2) Publish the predicted Nonce ranges.

3) Profit!1!

Why haven't they done this?

"He states that they are testing one device with it against one without, remember if it is not your first language then you might not understand the interpretation issue."

This is absolute rubbish. The man is a Scientist talking about his supposed field of expertise. English is the first language of Science. If that is the best he can do to educate about the underlying concepts of his passion then he should have let someone else act on his behalf. If he was scripted then he is not the person who developed this and if I had developed it I would have literally begged them not to release such a pile of dross about my ideas. After all my options live or die on this messaging. I've seem better from a Peruvian Wombat.

Don't do it Pip. I'm surprised you haven't had the usual suspects laying into you for the usual reasons. If you tell them you are not what they are saying you are then they will still accuse you of being one and if you give them any evidence they will say you faked it.

No need Warrie. Just print out the latest PR comedy script and smoke a teabag.

"If that's a genuine response then it's even more mind blowing than the videos. Do they give similar responses to miners asking questions?"

I think it might have been more along the lines of a damage limitation exercise. The PR team were looking to protect their reputation. Bwah-Hah-ROFL. Nooooo Stop. It hurts sooooo much.

"Primarily, these videos were created to spread the word of what QBT is doing to the wider global market – more with possible end-users in mind, rather than shareholders. What we didn’t anticipate is every shareholder would interrogate each and every 30 second clip. So, I don’t think there will be any more now."

Noooooooooooooooooooooo! The videos were for prospective end users. We didn't think thick shareholders would rip them to shreds.

No **** Sherlocks. What do you think informed end users are doing to them.

That's it. Just stop all the PR. Stop it now before we all die laughing.

"Jog on"

Ha-Ha-Ha Garwool. QBT has been rumbled.

Run the AI against the live feed and publish the chosen Nonce ranges.

Demonstrate better than 3:1 success.

Proof in less than a week.

You know it but you can't admit it.

Https://twitter.com/QBTOfficial256/status/1750428296809193901

Brilliant Light Bulb Moment from Fleccy.

QBT runs their AI model against live data and just publishes their nonce range guesses. They only have to show the 2.6 times improvement in that data. No need to use rigs at any scale. The results should be statistically significant in less then a week and then the arguments would be over...

... So. Why haven't they?

Given Jambone's post rate has, unlike the SP, skyrocketed and is pushing any and all meaningful messaging off of the board, probably panicking over the state of the last video, I shall have to periodically publish this message so anyone dropping in does not miss out.

You most certainly are. Perhaps we should get out of this share bashing business and go and work for QBT. Oh! Wait!

"they should be able to publish statistics as they come in."

OK. I kind of get what you are suggesting and that sounds, without thinking where the flaws might be, both brilliantly simple and workable. You are just trying to show that you get the 'right' answer, nonce range, more than 1 in 3 times when compared to a dice.

I have met a Genius.

There must be something wrong here because the proof would arrive so quickly that they should have done what you have suggested ages ago and everyone would be rolling in cash.

So why haven't they?