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I do find it interesting how the NoBox Clan ramp up the assault on other posters with zero content posts in order to push posts with content off the front page then go quiet when called as they talk to the voices in their heads before implementing the same strategy.
"I'm sure KOD didn't hire Stark as their plant construction prime. ;)"
As a noob I have noticed others suggesting that Stark might be a bit rubbish and George made a bad choice going with them as a cheap option when he could have bought top notch stuff.
I kind of take a view that George is a bit of a rebel with what others, possibly with justification based on past experience, consider to be a lost cause.
However it looks like Stark, with a bit of a slapping, have finally managed to come up with the goods assuming the mill does not throw its bearings and roll off down the hill.
I have no idea as to their previous experience with such projects but if they have sorted this one
I'll assume they can add it to their CV, or website, and tout for similar business elsewhere whilst thanking George for the opportunity to prove themselves and learn from the experience.
Next time I am in the market for a Spod Plant I might dial Spark first for a quote on the basis that whilst they may have got it wrong this time around they stuck with it and fixed their mistakes and will do better on the second one.
Who knows. It seems George has his eyes on other stuff to mine so having educated this particular company through their first baby steps he now has a reliable go to source for his next set of production equipment. Or at least one he knows will deliver.
"Everyone is forgetting the 5p options!"
Elsewhere others have been forced to forget about them as a result of the vesting criteria.
https://quantumblockchaintechnologies.co.uk/images/QBT_-_Business_Update_-_In-house_RD_2_June_21.pdf
"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."
Looks like someone got stiffed for free work. Still I suppose it is better than being an intern and getting sent out for cheeseburgers.
"I'm not so sure the people listed will be happy if that one goes to The Crown. Then again it only has 1.2 Billion shares strangely similar to the number QBT has but they are only worth £12.09 in total."
Going extreme FUD mode then given the similarity in share numbers maybe folks with shares in nominee accounts should check with their brokers to make sure their pennies are invested in the right place.
Just thought I'd give the NoBox clan something to report and have removed to make them feel like they are worth something. I'm sure they have tried on the original so perhaps it can be part of the sacrifice as well.
"Also, not sure why you need to resort to ad hominem attacks. A person of your intellect could surely put your point across whilst being civil."
I suppose I'm no angel given I often refer to some as idiots but this is from the person who recently called for more civility on the forum in an almost reasonable way. Mind you later on that evening they appeared to get slightly lamped and lost the plot.
Since then Mr Kool does seem to have moved over to the dark side of the 'holier than thou clan' requesting moderacy from others whilst trying to look as if butter wouldn't melt then throwing out the insults in the same message. It's really not worth bothering with.
Https://patentcenter.uspto.gov/applications/18175028/ifw/docs?application=
Https://find-and-update.company-information.service.gov.uk/company/07077843/filing-history
Infusion 2009 12 Mar 2024 First Gazette notice for compulsory strike-off This document is being processed and will be available in 10 days.
https://www.infusion2009.com/
ISTR he sold a previous AI company. Still I guess you can't win them all.
This one is interesting in that,
15 Dec 2023 17/11/23 Statement of Capital gbp 12.092432
includes a long list of what appear to be nominee shareholders. Some of which may be duplicates of QBT shareholders. Companies House describes it as being 64209 - Activities of other holding companies not elsewhere classified.
I'm not so sure the people listed will be happy if that one goes to The Crown. Then again it only has 1.2 Billion shares strangely similar to the number QBT has but they are only worth £12.09 in total
Worth its own thread?
https://markets.businessinsider.com/news/stocks/marathon-digital-holdings-announces-bitcoin-production-and-mining-operation-updates-for-february-2024-1033134954
"We have also continued to strengthen our balance sheet by increasing our bitcoin holdings to 16,930 BTC and bringing our combined cash and bitcoin to approximately $1.5 billion. As we look to capitalize on strategic opportunities, we have also begun launching new tools and services for those who are building the future of Bitcoin, including Slipstream and Anduro. While both are in early stages, we are confident that these innovations and others, which we expect to announce later this year, will help differentiate Marathon and add to our our position as a leader in converting energy into economic value."
$1.5 Billion from mining Bitcoin. Not bad going. Meanwhile, some time ago back at the ranch...
https://quantumblockchaintechnologies.co.uk/images/18_Aug_2021.pdf
"Over the past few months we have resisted the temptation to mine for cryptocurrencies using ‘standard’ methods as it is not part of our current strategy. QBT is looking to be a highly disruptive influence in the circa £75 billion* market of approximately 2.21m Bitcoins yet to be mined and we believe that the past few months of intensive R&D will be crucial to achieving this. Our strategy for Bitcoin mining is knowledge intensive, rather than capital intensive, based on the unique, combined interaction between our human experts and our innovative AI systems.
“I would like to thank our shareholders for their patience and state that our roadmap is clearly defined and we will pursue it with determination.”
Despite repeated calls from shareholders for the company to perform some actual mining it seems they are still refusing to do so.
How's that one going given a lot of this disruptive technology appears to have turned out to be vapourware?
I really do have to thank NoBox(1) for prompting me to confirm their claims as a result of them refusing to link to evidence of those claims. I think you can agree we are all better informed as a result of their actions.
18th August 2021
https://quantumblockchaintechnologies.co.uk/images/18_Aug_2021.pdf
I won't try to pick out any highlights from this one. It does rather follow the trend of the others and I am sure everyone will be able to find their own favourite 'did not happen'.
However in this case something did happen. No, Honest. The Patent Application...
https://www.ipo.gov.uk/p-ipsum/Case/PublicationNumber/GB2611321
As we all now know this was a development from the thesis written by an MSC student at UCL,
http://nicolascourtois.com/bitcoin/Optimising%20the%20SHA256%20Hashing%20Algorithm%20for%20Faster%20and%20More%20Efficient%20Bitcoin%20Mining_Rahul_Naik.pdf
So, yes. Finally we have found a something that 'did happen', even though it isn't happening so well at the moment. However it strikes me that this is one partial success surrounded in the RNS by a whole other bunch of 'did not happen'.
Are we to assume that out of thirteen experts one of them actually was but the other twelve were a bit meh? It's not a very good hit ratio.
I do have to admit that I like the idea of a D-Wave Quantum Computer. I can almost imagine some Mad Scientist tinkering with his Microwave.
https://quantumblockchaintechnologies.co.uk/images/QBT_-_Working_with_D-Wave_Systems_06_July_21.pdf
https://quantumblockchaintechnologies.co.uk/images/CLP_2021_Interims_-_Final_1_-_RNS.pdf
https://www.dwavesys.com/quantum-computing
Wonder what happened with that one. Apparently they had a 5,000 Qubit thing.
In terms of QBT the project seems to have gone the way of the other did not happens. At least QBT fail to mention it in later announcements so that is par for the course.
Of course now I have directed QBT towards a World Class ASIC fabless semiconductor company with direct experience in BitCoin and access to 5nm process technology they no longer need all of these experts or consultants. They can just hand the information over to..
https://innosilicon.com/html/asic/index.html
Given the 15 Experts were at such and advanced stage before it didn't happen and they subsequently had a Consultant run his thumb over things before it didn't happen again if they throw a bit of cash at it they might get prototypes in 3 months.
This actually strikes me as being a very good excuse for another fund raise. They can announce they have linked up with a World Class PreFab in order to implement their silicon solutions, no need to mention a name, along with a placing of £3 Million at 1p to fund it along with expected, suitably short and exciting timescales and a bunch of coulds and ifs, as they normally do.
Of course, as they normally do, there will be no need to subsequently RNS the 'did not happen'.
Https://quantumblockchaintechnologies.co.uk/images/Update_on_FPGA_and_ASIC.pdf
5th November 2021.
Apparently the FPGA approach promises wonderful things and the ASIC is on the way. We are talking short times to market here. Naturally this ended up in the 'did not happen' bin or perhaps it rolled over to the previously mentioned 2022 RNS when it 'did not happen' again.
Of course in 2022 they had a Consultant who was paid in options. In 2021 they had, quoting FG,
"We consider that the R&D activity undertaken by our group of 15 experts is unbelievably exciting and, if successful, could potentially be radically innovative for the industry."
that should excite NoBox(1)... 15 Experts to implement the 'did not happen'. Presumably the extra 5 Experts would have made all of the difference but given there were 20 of them back at the beginning of 2023 we still seem to be waiting an inordinate amount of time for 'the something' to be announced.
For the moment it would still appear that we are on the long road to fail. Still. QBT might drop a sneaky RNS out after hours next Friday and all of the shorters will be squealing as they go up in flames over the weekend. Karma.
Up $5,000 from recent lows. Doesn't look like Crypto Stocks are following suit although I haven't got a finger on many of them. ARB doesn't really count and they will probably be bust before QBT release Method B to market.
It's not really much of a short though, is it?
Hmm. Is that the new, old, accusation of the day? Everyone not on board is short and trying to close because news is coming soon.
The only shorts I am in are the ones I am wearing. Oooops. Sorry for putting that image in your minds.
Looks like NoBox(1) got a bit upset over this one. Unless it was NoBox(2.5), assuming NoBox(2.5) hasn't transformed into NoBox(3). These chaps do seem to get a bit upset when you post a pseudo positive summary of the company with linked evidence so people can see what you are talking about rather than a string of random words.
On the subject of random words it looks like it was a bit silly to use that ploy again given it resulted in a searchable copy of all of QBT's RNS's for furture reference. Lot's of expectation with failure to deliver buried in those.
Oh I've also noticed that when NoBox(1) produces its sentences, without lining to evidence, the words in the sentence tend to cover a wide time range sometimes going back over two years. Presumably NoBox(1) hopes that people will think that all of the sentence is happening now rather than being a summary of yesterday's discounted news.
In respect of getting upset perhaps they should up their game and also try to post meaningful, positive, commentary about the company along with links to their evidence rather than screaming Troll every five minutes. It's a bit of a shame the company has not left them with much ammunition.
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.