Member Info for DSFLAT

It's quite difficult to detail patents yet to be filed for obvious reasons lol

Francesco Gardin, CEO and Chairman commented:
“Filing the ASIC UltraBoost patent application is the first milestone resulting from our R&D programme, achieved in just four months. It is the first of many patents the Company is working on and plans to file. This breakthrough result, which we believe has the potential to be game changing, will be used for the deployment of our proprietary FPGA and ASIC implementations of the Bitcoin mining algorithm."

From Sept 30th RNS:
https://quantumblockchaintechnologies.co.uk/images/QBT_-_ASIC_UltraBoost_Patent_-_Final.pdf

George on CryptosRUs may have explained why I go cranky and start snarling and howling at my pc when Bitcoin drops...

Bitcoin drops coincide with Full Moons

CryptosRUs
84,960 views Streamed live 5 hours ago
https://youtu.be/pkM2Hmw8R1o

This Full Moon is also known as The Beaver Moon...

I get a hairy back at this time of year and I love Beaver (thinking emoji)

Really interesting stuff apart from the mistaken shape of something lol
https://www.almanac.com/full-moon-november-2021

"Nice Beaver" - The Naked Gun
https://youtu.be/AvWfbIe4X_4

Love that Nice Beaver clip lol

Yeah Meet Kevin linked the drop to Bloomberg news about BTC ETF...

MSM stuff, Mt Gox, China, ETF, Climate... Did I miss anything ? Oh yeah Ransom lol

It's just noise, political and whale games but important to keep an eye on the NWO ..unts

Next they will be telling everyone there is a deadly pandemic that will kill everyone lol

What a f... ing joke this sh.t show has become ! :-)

Interesting...I tried some dummy sells last week and the most I could get a quote on was £10k

Obviously wasn't selling but there must be demand for those shares

Buyer ? One would think this must have caught the attention of some of the big BTC boys by now...

ASIC UltaBoost patent licence could literally be worth a Kings Ransom every year and 24% optimized chips..

I mean who doesn't want the best chips these days ;-)

Nvida results yesterday are an interesting read...Obviously QBT is no Nvida ! but interesting read all the same imo

NVIDIA Announces Financial Results for Third Quarter Fiscal 2022

*Record revenue of $7.10 billion, up 50 percent from a year earlier
*Record Data Center revenue of $2.94 billion, up 55 percent from a year earlier

https://www.globenewswire.com/news-release/2021/11/17/2336830/0/en/NVIDIA-Announces-Financial-Results-for-Third-Quarter-Fiscal-2022.html

So will QBT be supplying a new chip or a firmware upgrade?

'The Company strongly believes that when compared with the best commercial 7nm ASIC chip
for Bitcoin mining available on the market today, an industrial production of QBT’s ASIC at 7nm, would
indicate a double hash rate of 1.19TH/s, hence 24% faster.
This performance of QBT’s architecture on the 7nm ASIC, doesn’t yet include the 7% efficiency
achieved by the optimisation of the patent application filed in September, which is still to be
implemented.
The current work on a second patent by the Company’s cryptography expert will hopefully
lead to further material optimisations.'

' ASIC programming will start this month, and we estimate that by the end of Q1 2022 we will be able to
announce when the first batch of prototype chips will be available for in-house testing.'

https://quantumblockchaintechnologies.co.uk/images/Update_on_FPGA_and_ASIC.pdf

So develop and produce QBT chips with ASIC UltraBoost tech adding further optimizations if implimented.

All very techy, I need a lye down after reading that again lol

I can see QBT selling the ASIC UltraBoost for use under licence if the patent and the optimizations are confirmed in due course.

There are A LOT of ASIC's out there and there will be tens of thousands of new rigs added each and every every month that could be upgraded to ASIC UltraBoost Firmware and possibly supported by a new QBT mining pool...

This video from 2018 shows how easily the AsicBoost firmware was implemented.;
Upgrade Antminer S9 Miner Firmware to ASIC Boost - Bitcoin Mining
https://youtu.be/cpulQjjGhOc

If QBT charged $100 per firmware upgrade per rig to either keep the rig profitable or make it 7% more profitable that would be A LOT of $$$$$$$$'s

Good video worth the watch imo

Early Days Here ;-)

I wouldn't rule out news of something unexpected

In a good way :-)

Request as to where QBT can be traded on StockTwits.

I use HL but does anyone have info as to where QBT can be traded ?

Might see some US $$$'s come in here if they can trade easily...

Thanks

Reminds me of the Argo board a couple of years ago.

I always liked the story of the chap who lived in a council house but picked up four million Argo shares below 3p.

He was crowned King when Argo went from 3p to £3 in a matter of months.
I believe he bought a top of the Range Rolls Royce to run upto his local Golf Club.

Early days here ;-)

Worst case as I see it is the tech isn't as straight forward as they hoped and takes longer to develop

QBT buy some rigs and go mining

I'm happy with my worse case scenario if that's how the dice roll and with a low MCAP I would still imagine good returns that route.

IF QBT manage to also disrupt current crypto mining with optimizations and ip then this ride could be insane.

Just the musings of this QBT investor ;-)

Feels like we just need a couple more great updates about the R & D and maybe some news on an OTC listing in the US as hinted at in the recent Proactive interview.

Then QBT should be set up for a stoking good 2022 :-)

My thoughts are that QBT's ASIC UltraBoost and other crypto mining optimizations may not be supported by current mining pools necessitating QBT to develop a complete system.

IF QBT can develop and prove up a complete system that outperforms existing mining pools and mining ops using their ip then good things will happen here....

I think that QBT's advancements IF successful and meaningful will take a similar course to the Asic Boost.

The Asic Boost tech took several years to catch on and there was a lot of controversy relating to it's use. This article is a good read although it's a little old;

AsicBoost Dominates Bitcoin Mining, Solving Bitmain’s 2017 Controversy
https://cointelegraph.com/news/asicboost-dominates-bitcoin-mining-solving-bitmains-2017-controversy

Build it and they will come ;-)

the_chuz
This guy does some great miner analytics (21 miners covered) which includes future 1 year hash rate predictions.
A Random Investor
2.3K subscribers

646 views Nov 15, 2021
https://youtu.be/TpOdWncHKgU

I'm just watching his other video on Farms (2 hours ago) and then i'll take a look at his MARA video

He's very good and worth following imo

A quick read about Francesco Gardin, Chairman and Chief Executive Officer bio on the company website made me confident that Francesco was the right man to undertake the goals set out by the company.

Has a sense of destiny about where he is taking QBT

Well worth the read if you missed it;

https://quantumblockchaintechnologies.co.uk/investor-relations/board-of-directors

I can't stop singing Que Sera Sera now lol

Doris Day - Que Sera Sera
44,568,643 views Mar 13, 2008
https://youtu.be/xZbKHDPPrrc

Curtis did a good video on RIOT v MARA (covered immersion mining and suggested up to 50% increased hash)

Argo's immersion strategy should should do well if that sort of overclocking can be achieved....RIOT to begin immersion this month as I understand it..

Interesting video as he shines a bright light on how this tech and how it can boost hash & competitiveness

Empire Building
Have I switched from team Mara to team Riot?
2,214 views Nov 10, 2021
https://youtu.be/SF9guqblnPc

ROI

Not RIO :-)

Guys I'm certainly no Chip expert (although I do grow my own Pink Fir Apple and Jazzy spuds which make great chips) however I think todays Hut8 News is interesting.

Basically they recently upgraded their ETH mining rigs with new chips...

Here's an example of how they are now mining BTC at $3,000 per BTC (by mining ETH and being paid in BTC...

As of November 10, 2021, the entire fleet of high-performance NVIDIA chips has been received at Hut 8's site in Medicine Hat, Alberta, and 91% of the servers have been installed and powered up, with full deployment expected in the next week. The addition of the NVIDIA GPUs serves to increase Hut 8's aggregate operating rate by approximately 1,600 Gigahash, which based on current network dynamics, equates to an ASIC hashrate of approximately 325 PH/s. The Company has deployed the NVIDIA GPUs to mine the Ethereum network via Luxor pool, and consistent with our HODL strategy, is receiving payouts in Bitcoin. Based on current mining economics this equates to approximately 1.8 – 2.0 Bitcoin per day, with an average cost to mine each Bitcoin of less than $3,000, making this NVIDIA GPU fleet the most profitable portion of Hut 8's self-mining operation.
https://www.newswire.ca/news-releases/hut-8-achieves-third-consecutive-record-breaking-quarterly-revenue-in-q3-2021-surpasses-5-000-bitcoin-held-in-reserve-874508828.html

Chips and RIO will be what drives this industry

QBT have set out their stall to disrupt the industry...

From the RNS:
'Following testing of a variety of design options, an unrolled SHA-256 architecture has now been implemented, with a number of existing optimisations coded, for QBT’s FPGA chip prototype.
The Company’s patented ASIC ULTRA Boost improvements (patent under application) will be added in the next few weeks'

I don't know about you guys but I'm very much looking forward to these optimizations visualized on a test rig.