RE: Why don't QBT mine bitcoin instead of fundraise?27 Jan 2025 01:44
'Because you need 10s of 1,000s of machines amd access to masess of energy.....I would have thought that was obvious to anyone who knows amything about BTC mining........'
QBT reportedly set up a mining facility in May 2023 when Vlad joined the company
'He will also be in charge of the initial phase of the Company’s recently established renewable energy mining project, which involves a completely new approach to zero carbon footprint bitcoin mining, further details of which will be announced by the Company in due course.'
I suppose not mining is a new approach to zero carbon footprint bitcoin mining ;-)