Member Info for DSFLAT

I had a fill or kill order in last week for 1.3p...

I just added at 3.7p

Doh lol

As I see it these late trades look like the buyers are happy to pay 4p...

Makes me think of the taxi scene from Planes, Traines and Automobiles 'anyone who would pay 4p would pay 8p' :-)

Who is the large buyers/ buyers ??

OUT-LAW NEWS | 03 Aug 2021 | 12:47 pm | 4 min. read
'It is likely that we will see an increased number of hostile approaches, particularly for companies with an attractive asset base that are perceived to be significantly undervalued'
https://www.pinsentmasons.com/out-law/news/expect-rise-hostile-takeovers-uk-experts-predict

That's what I think we might be witnessing here...with all the delayed large trades we have been seeing...

But WTFDIK ;-)

ASIC UltraBoost patent filing
Other soon to be announced R & D optimizations
QBT mining in the future after R & D
Square/Jack announcing intent to move into chip/ mining space
Maybe BTC miners taking a closer look at QBT
Maybe even buying pressure from one of the BIG names in BTC (who knows)

Low MCAP and the large buys/ delayed trades would suggest we can expect a TR1 soon....

BTFD

Or perhaps if your in QBT it's;

BTFC

Buy The F..in Chip ;-)

'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) eliminating redundant computation of a key part the Bitcoin mining
algorithm, resulting in a faster and more efficient mining process.'

The mention of AsicBoost is important and how QBT's ASIC UltraBoost optimizes on top of the AsicBoost patent tech. Google AsicBoost and Timo Hanke. QBT's cryptographic expert has sought anonymity which could mean they were directly involved in the AsicBoost tech... ???

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

Needs no further explanation....

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

BIG

'Laughable that people think that QBT has hit on something that Core or Epic have missed'

If the anonymous cryptographic expert is Timo Hanke (Google AsicBoost) or someone involved with the AsicBoost patent development then QBT's patent filing isn't quite so laughable.

ASIC UltraBoost patent suggest optimizations on top of AsicBoost....

I'm not suggesting Timo Hanke is the cryptographic expert but the anonymity is interesting....

Just saying

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) eliminating redundant computation of a key part the Bitcoin mining
algorithm, resulting in a faster and more efficient mining process.

The mention of AsicBoost is important (I previously posted about this)

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

Needs no further explanation....

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

BIG

Great question Corrado999,

I posted earlier that over the past week many large late trades have been posted a couple of days late...

Make of that what you will but imo MM's have one or more large buyers and the MM's have been scratching around for sells to fill those orders.

The last time I saw this was with Eurasia Mining when it was trading around 7p. It's worth pointing out that Eurasia also saw several huge flash crashes and price recovery within a few minutes. MM's raiding stop losses, so maybe watch that if you use stop losses.

MM's make it up as they go along and this is AIM so expect the unexpected

Blonity is an expert in energy and Bitcoin mining.

His videos are considered by many to be the best in Bitcoin mining investing information and include interviews with some of the leading Bitcoin mining CEO's in the industry.

His holding in QBT speaks volumes

I have this image of Michael Saylor in the Big Short and playing the part of Michael Baum (Steven Eisman)

Specifically that scene at the end, however I see Michael Saylor sitting at the table, taking a call and saying 'Buy It, Buy It All'

Just thought i'd share that with the Quantumauts :-)

MM's have been posting the large late trades not at the end of the day but at the end of the next trading day...

Maybe they have been large filling orders with shares they don't have ?

Watch out for MM games if they need shares

QBT is full of life again! Bulls and bears very present. Why the big jump? What's the patent worth?

Worked out on $60,000 BTC.

900 BTC per day are currently mined.

60,000 X 900 = $54,000,000 Per day
365 x $54,000,000 = $19,710,000,000 per anum

A 7% improvement in efficiency of $19.710 Billion = $1,379,700,000 in annual savings to be had.

How much is that worth to QBT should their patent prove successful. What percentage could be gained in revenue to QBT? These are not small numbers. $1.379 Billion in savings to be had per year.

Going forward, work those numbers on $100k, $200k BTC etc etc..

Huge! All speculation right now so expect volatility, take profits on the way up, buy on dips, enjoy the ride.

Thanks to Weathergeek for posting this info ( I thought it appropriate to add it to this thread for future reference )

The ASIC UltraBoost patent filing will undoubtedly have caught the eye of many within the BTC industry.

Some simple digging into the ASIC optimization leads directly to the AsicBoost and there is plenty of reading that can be done with regard to Timo Hanke and AsicBoost.

The anonymity of QBT's Cryptographic expert is something I find interesting and perhaps the identity of the expert lies within the AsicBoost's complex story (they could make a film out of it) which to me would make sense of the anonymity.

Will QBT's UltraBoost patent be enough to gain the interest of the likes of Michael Saylor, Jack, Ebang, Square or even a large Bitcoin miner ? Who knows... imo it will

If QBT's expert is TH (i'm not saying it is btw) then that would add considerable weight to the patent imo

The background buying might suggest that QBT has caught the eye and indeed the investment from one or more of the big players.

What innovations will QBT unveil next ?

GLA

CoinDesk 18th Oct
Jack Dorsey: Square Considering Building a Bitcoin Mining System Soon

Ben Gagnon, Chief Mining Officer at Toronto-based bitcoin miner Bitfarms, discusses the reactions and industry implications for Jack Dorsey's Square possibly considering building a bitcoin mining system soon.
https://youtu.be/LPReZK5DBeU

I shared the ASIC UltraBoost Bloomberg article with Ben some time ago and I thought the conversation about chips and innovation interesting.

I've been sharing the Bloomberg ASIC UltraBoost patent article with high profile individuals, companies and BTC publications for the past few weeks and highlighting the other mining and chip innovations/ optimizations that are expected to be announced soon.

I usually send direct messages (when possible) on twitter with; https://www.bloomberg.com/press-releases/2021-09-30/quantum-blockchain-technologies-plc-asic-ultraboost-patent-application

Today I have shared this info with;

Fred Thiel, CEO Marathon Digital Holdings

Jason Les, CEO RIOT Blockchain

I think it's important to understand that the BTC miners are in an arms race spending hundreds of millions each on ASIC rigs.
A 7% increase in ASIC mining efficiency could be the difference between being the biggest BTC mining company in the world or being an also ran.

Thanks for sharing that video about Square, they allocated $10M to fund BTC innovations late last year and as far as I can tell they have invested $5M on a Solar Farm BTC mining project.

I'm just getting the message out there ;-)

Cipher Mining is a new Bitcoin mining company. It has a $2 Billion MCAP.
Cipher Mining holds no Bitcoin, it currently doesn't have any rigs to mine for Bitcoin.
It doesn't have a patent filed that if successful could change the whole Bitcoin mining industry.

The ASIC UltraBoost and other yet to be announced chip optimizations could be worth a Kings Ransom.

If you can't see that then perhaps getting in early isn't for you.

In fact if you can't see that then investing isn't for you.

Del

I bought Argo at 5.6p and it took an age for a lot of investors to see the potential it had which came mostly from holders getting the message out on chat boards and twitter.

Argo went to £3 within a few months of word getting out...

I feel the same excited expectation about where QBT could go :-)

Argo invested in ePIC some time ago on the understanding that ePIC could work on mining innovations and optimizations and that Argo would get first refusal on any rigs.

I think Argo invested $8M Canadian dollars but later released news that that deal had changed. I'm not sure that anyone knows what Argo and ePIC have deal wise at this time.

It has been suggested to me by someone within the industry that perhaps the three working together could be a good fit.

As I see it the ASIC UltraBoost patent is filed and the information is out there, those keeping an eye on innovation in the mining space may see an opportunity and seek to either help, join or buy QBT and their ip.

ip that QBT are working on could be extremely valuable.

Jack, Jack, Jack where are you Jack ? (sorry but i've been hounding Twitter Jack and it always reminds of that ship/iceberg film)

The past few weeks i've been dangling QBT's ASIC UltraBoost and other crypto innovations under the noses of some the the industries leading players like Michael Saylor (MicroStrategy), Jack (Square), Kevin O'leary, The Bitcoin Mining Council members and BTC visionaries like Pomp and Willy Woo.

Only the one reply so far from an Argo Blockchain high ranking operative but I'm hopeful that my efforts have perhaps encouraged some of the big fish to take a closer look, perhaps even take a bite...

Here's hoping and here's a link to Jacks recent tweets about Square setting up a team led by Jesse to bring new innovation to BTC mining, chip manufacture and cloud mining tech:
https://twitter.com/jack/status/1449110251882549253?s=20

You should find my tweets (DSFAT) about QBT scattered throughout Jacks and Jesse's thread

Come on Jack or MS, Kevin or anyone with a bucket load of cash to invest :-)

Posted on Argy board but only got one like :-/

Bit of Friday banter chaps..

QBT have filed a patent to increase BTC ASIC mining by 7%, other chip optimizations and cloud mining tech

Argo have announced a new Texas line in their Base Ball Caps, Hoodies and T-Shirts

I know it's not good form to laugh at your own jokes but LOL

Expect some good Burger Van jokes from the Argy Boys (Delacey & Co ;-)

Let's not be too Tribal we have more in common than those yet to invest in Crypto

#MakingBritainRelevantTogether