Member Info for DSFLAT

Keep your focus

The ASIC UltraBoost can be described as an improvement of the Bitcoin mining
process (building on all other existing optimisations in the market, including
ASIC Boost)

A nearly 7% efficiency in running the Bitcoin mining algorithm can be used to
increase mining speed or save energy.

https://www.bloomberg.com/press-releases/2021-09-30/quantum-blockchain-technologies-plc-asic-ultraboost-patent-application

Add in some other chip optimizations and mining

BOOM

imo dyor etc

We might see some games tomorrow if the warrants were not forward sold ...

Scaling in works for me..If I buy and the price drops (which it often does) the next buy feels like a bargain...

If the sp rises then the first buy feels like a bargain

I tend to keep some powder dry for any unexplainable flash crashes on anything i'm holding so that I am in a position to take advantage...

Not financial advice but it works for me

The trick is getting out at the right time ! lol

ASIC UltraBoost patent filed should mean QBT holders are one RNS away from a new partner, investor or buyer.

IF the patent stands up to scrutiny I see no reason why one of the BIG BTC players wouldn't want in.

Billions being spent on rigs and mining ops right now and that presumably will only increase in the years ahead.

Does the new patent infringe on the existing AsicBoost patent ? who knows but if it doesn't and it works then someone will want the ip.

If the ip isn't for sale then the company must become a HT target

My plan is to sit tight, add on any big dips and see how it pans out

imo DYOR etc

RIOT CEO interview with Curtis from Empire Building

2,209 views Nov 2, 2021

https://youtu.be/Tn2U0KR1Dq8

I think watching videos like this and taking a look at other miners helps to understand why Argo isn't pumping like some of the others right now.

Interesting video imo and yes i've got some RIOT before I get accused of ramping

Has anyone else noticed that Peter Walls nose seems to be getting longer every month ?
;-)

Likewise FigTreeHarry,

From the June 2nd RNS:

'This line of R&D, which relies on AI deep-learning and cryptanalysis amongst other techniques, represents one of the “out-of-the-box” directions taken by the Company to achieve highly competitive Bitcoin mining results. The Company and its new consultant will also explore other proof-of-work cryptocurrencies and their competitive mining advantages.

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.'

It would appear QBT have a very competent and confident consultant on-board who expected big things to happen to the sp as a direct result of their R & D.

That's good enough for me ;-)

bamb,

I bought ARB at 5.65p

It dropped to 3p

Then it went to 300p

Then the CEO wrecked it (imo)

It's obviously early on QBT's new journey and it is bound to be bumpy at times but IF things play out it could see ARB type gains (for balance it might not)

The ASIC UltraBoost patent gives this stocks USP something very few crypto stocks have

If you can see the potential from the recent ASIC UltraBoost patent, other optimizations expected by the R & D team and the future exposure to BTC mining QBT is an easy hold.

Simple as that

I'm surprised your tea didn't come out of your ears..

There's clearly nothing between them :-)

Do one De Lackey, trust me you don't want me on the Argo board

Keep your focus

Any of the BIG guys want in on QBT's ASIC UltraBoost and other R & D tech and this goes interstellar

Bitfury is interesting...

Involved with Cipher Mining $2 Billion new mining company, no Bitcoin, no rigs until June 2022..
They are investing in AI and recently set up a new R & D department..
Looking to go PLC soon
Will QBT get a call from CEO Valery Vavilov ? Who knows but I made sure Valery knew about QBT's R & D

https://bitfury.com/

Well worth some digging around Bitfury's business and it's involvement with the AsicBoost...

You never know what could happen here but the ip could be worth a Kings Ransom

You have to laugh..

The sp takes a breather and in come the Monkey, De Lackey disguised as his Octopus and some other Toads lol

They should be over on the Argo board happy that they are having a good day...

End of the quiet period for Argo so some investors going back in there..

It will be interesting to see how they have been getting on but I expect money to come back in here after their news..

Bloody Monkeys, Octopus and Toads lol

Trigger Alert

https://twitter.com/Duncanspall1?t=XMZnnb9gN6YsFf6jmIE0qg&s=09

You can easily check my followers on Twitter.
Ben followed me today so should be at the top.

Easy to check

Warning

My views are my own and most people will be triggered by my twitter content.

But please someone check and at least confirm the Wonderful CEO follow today.

Thanks

Might be nothing but the Ben Samaroo CEO of Wonderfi just followed me on Twitter...(he doesn't tweet and he's definitely not the usual type of follower I get)
https://www.wonder.fi/about

I posted the Bloomberg article about QBT ASIC UltraBoost in a couple of Kevin O'leary's tweets when the patent was filed

Do we have a Shark circling QBT ?!?

Just thought i'd share that info..like I said it could be nothing...

I meant to sign off that post with;

Lots of IF's in there but do some research it's very interesting

Less blunt with the 'it's very interesting'

Oh and you're welcome

Hi miker444

In order to understand the ASIC UltraBoost patent and try to get your head around the implications of this optimization it is helpfull to deep dive into a previous Bitcoin mining optimization from 2017.

The AsicBoost optimization caused a commotion that it would appear continues to this day.

I would encourage investors in QBT to read this Bloomberg article from Dec 2020 which lays out some of the more recent 'AsicBoost details regarding ownership of rights and legal claims within the industry.
According to international practice, the general royalty of patent rights
shall be negotiated by both parties, but we can refer to Qualcomm's 5%
fee standard.'
https://www.bloomberg.com/press-releases/2020-12-27/ebon-becoming-qualcomm-to-the-mining-hardware-industry

QBT's ASIC UltraBoost claims to add a 7% optimization on top of the AsicBoost.

The rapid patent filing by QBT and the anonymity of the cryptographic expert suggest to me that QBT's R & D team may have been involved in the origional AsicBoost patent.
Timo Hanke maybe ?? who knows, but perhaps the dev just wanted a large payout this time without all the drama and perhaps QBT offered a perfect vehicle to do just that.

Oh the patent, I did some simple digging and it looks like several years but my thinking is that if any of the big mining rig manufacturers or BTC miners with aspirations of moving into the mining rig space want the ip holders here will benefit greatly.

Lots of IF's in there but do some research.

Have a great Halloween weekend guys

& remember the scariest thing about this stock is how high it could go ;-)

The ASIC UltraBoost patent is all this needs

The strawberry sauce will be the other chip developments and optimizations from our R & D

& Bitcoin mining will be the Cherry on the top

Can you smell that ??
What?
MONEY ;-)

Keep your focus

The ASIC UltraBoost can be described as an improvement of the Bitcoin mining
process (building on all other existing optimisations in the market, including
ASIC Boost)

A nearly 7% efficiency in running the Bitcoin mining algorithm can be used to
increase mining speed or save energy.

https://www.bloomberg.com/press-releases/2021-09-30/quantum-blockchain-technologies-plc-asic-ultraboost-patent-application

Add in some other chip optimizations and mining

BOOM

Don't let these Toads try to take your eye off the prize...

ASIC UltraBoost patent filed
Chip Optimizations
BTC Mining

Keep your focus