focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
'But you broke cover and were pumping GST yesterday'
I was hardly pumping it although I do think it is promising. If you bothered checking I posted about the GST RNS on a thread where you were comparing QBT vs GST so it was appropriate. Although I appreciate truth and balance are not your strong points so I expect you will continue with childish misrepresentations in order to make you feel good about yourself
'Ocean pool is all about decentralisation'
And how does that fit with miners having to connect to the QBT SaaS? Like I said, QBT is the opposite of what Dorsey is trying to achieve. But if it helps you cope then please go on believing Ocean pool is the answer.
The GST RNS told us that Semnet were signing big deals and trading above expectations. Agree though it was a softener for today's raise which I am OK with. Expect an acquisition announcement in the next few days/weeks. A raise to build the business is a different beast from a raise for working capital.
Check out the Braiins site, a pool who offer optional firmware for users of their pool. Lays out their fees. You're barking up the wrong tree with Block, they are all about open source so QBTs approach is the antithesis of what they are trying to achieve.
https://braiins.com/os/plus
' I couldn't care less about tick ups'
Who mentioned tick ups? Another one in the long list of rampers who struggle with simple comprehension when reading text. FG loves people like you, unquestioning, simple minded, lacking basic critical thinking skills.
'Brew, how do you the methods are a busted flush'
Confirmed in the PRN. Didn't you read it?
'The porting of Method A and Method B onto commercial rigs has proven to be very challenging. An exact date for market roll-out cannot be provided at this stage'
'Transferring the Company’s documented laboratory test results, in particular Method B, to use in conjunction to a commercial ASIC chip, has proven to be challenging and further work is currently ongoing ... the exact date of delivery cannot be provided at this stage'
Also add in the fact that after 70+ days of live testing and FG was unable to confirm they worked. There is a reason they pushed Method C in the PRN, preparing to announce insurmountable difficulties and a pivot to a QBT chip. Clear as day.
'It's obvious from your post this morning that you want to cause trouble'
I posted in a thread that was discussing QBT vs GST, so it was entirely relevant.
Pretty clear QBT are struggling to get a working product here. Halving been and gone. FG still hiding behind his couch fretting about how he is going to announce the inevitable, the Methods don't work in the real world.
Interesting times. I promise not to laugh at you too much when it all comes crashing down.
NSKK, my GST post from this morning just for balance. A $36m contract win is good news and worth of being congratulated
BrewHaHa
Posted in: QBT
Posts: 1,108
Price: 1.125
No Opinion
RE: HalvingToday 08:04
'Good for them. QBT board thanks Brew'
The thread I posted on was comparing QBT and GST, instigated by Jambone.
It is an interesting comparison though, similar market caps. If QBT had announced a $36m contract this morning then I'm pretty sure 10p would be bandied about. I'm expecting the share price impact for GST will be more muted
FG said next news would be that Method B works. So at that point in time he could not confirm Method B worked. Despite some 70+ days of live testing and around 5 difficulty changes.
As for GST, I said this morning the response to a decent RNS would be muted and I was right. Bought GST a while ago and have no need or intention of selling them any time soon as they are very promising. What I like about them is the no fuss RNSs, the BoD just seem to get on with it, under promise and over deliver. The complete opposite of QBT.
'Its not though is it Jam? A and B don't work, C being worked on now that does 30% of something nobody wants or needs'
It is a little puzzling that QBT have three offerings in development with Method B being the only one that someone needs. Why would a miner want Method A with a 12% increase in generating a winning hash when they could have Method B which offers a 160% better chance of winning a hash? Not that either work of course.
Interesting, so instead of QBT making zero revenue from BTC at $65k they could potentially be making zero revenue from BTC at $100k. Just imagine what they will make if BTC goes even higher.
'Brew, you broken cover on GST, maybe check your login details next time hey 👏
It’s semnet who have announced a deal of REVENUE, Which GST own a % of, you do realise REVENUE is different to profit don’t you'
Oh dear, where to start. Is it so strange that an investor owns more that one share? I hope you're not 100% invested in the one share?
As for Semnet, GST made the announcement, they are majority shareholders. All good.
As for revenue not being the same as profit. I have been banging that drum for a while regarding FGs announcement that the Oct raise would see QBT through to revenue. QBT live mining in two pools is classed as revenue so you are correct that revenue does not mean a firm is profitable that's a basic that everyone knows surely and it means FG announcement regarding revenue is worthless really.