Member Info for FigTreeHarry

Rita, formerly known as Rita: Queen of Speed, is a launched roller coaster located in the Dark Forest section of Alton Towers amusement park...

M99,

When i read the exceprts back I become Italian :)))

Source: Dec 5th-21
The ProActive Interview: FG on speed of QBT mining kit: “algo -twice as fast is the minimum” PATENT_2 and work on Prototype:

Q) QBT Mining kit will be at least twice as fast than any existing current fastest mining kit out there?

CEO: “Yes, at least”
CEO: And we will not only use the most advanced 5nm silicon technology.
CEO: The Expert keeps improving the algorithm, so QBT_patent_2 will be “twice as fast” in terms of IProperty.
CEO: When we start working on Prototype, QBT_patent_2 will also be filed.
CEO: The final chip we produce will be much more than just, twice fast.
CEO: “Twice as fast is minimum” but we are confident it will be even faster, when we file QBT_patent_2”

Q) And...Why is speed so important?

CEO: It is a race, and you want to be the first to close a block. If you solve the problem and close the block, you recieve 6 bitcoins, at the current price, you earn almost $400k.

(Reminder for new investors - Prototype and QBT ASIC-ultraboost Patent_2 TBA in February-22)

2ND PART CEO INTERVIEW (excerpt)
Source: Dec 5th-21
The ProActive Interview: 3orders of magnitude
FG on RnD: The advanced accelerated AI Approach

The most imminent statement on mining is CEO statement on AI approach. Current RnD work in progress on advanced accelerated AI techniques RnD approach results just weeks away early Q1-22.
———————————————-
CEO: We are currently seeing extraordinary results from our AI Team, which means if we can incorporate those results into our chip, our chip could be100x, 1000x faster. I’m not saying we will be able to recieve this result, but our early indications are, our AI techniques will make the computational bitcoin mining algorithm even faster. 3 orders of magnitude.

(For example, something that is 2 orders of magnitude faster is 100 times faster, something that is 3 orders of magnitude faster is 1000 times faster).

CEO: I don’t wish to create false expectations, as this is RnD in progress, but if these results are confirmed we could even develop our mining system on our current mining existing commercial chips.

CEO: “We could I mean, we will be in a position to begin to mine as soon as begining of next year”

CEO: Our IT infrastructure is shipped to italy next week. Includes support infrastructure for RnD team. Our bitmining node. So we can start using our experimental algorithms ready for Q1 next year.
—————————————————
Nov 5th-21
The Company’s new R&D IT infrastructure, which will also allow for “Bitcoin mining tests to be carried out”, will be operational in five weeks’ time. The wait has been due to the serious worldwide shortage of silicon chips, which is delaying the expected delivery of the hardware. However, the Company has adopted the heavy use of cloud resources in order to avoid any interruption in the R&D activities to the various groups.

(QBT hardware was upgraded x 2 - Refer to IT Infrastructure on QBTwebsite)

Dec 5th-21
While the 12nm prototype is still an easy and relatively low-cost option, which we may still use for strategic 'time-to-mine' testing and early mining.
—————————————————————————————————————

The spreads

I can see the trades

Today’s volume - 3 sales.

Come on own up???

Thanks tripod.

Mike,
Could also be:
Dec-21 year-end results may be reported first
+ 2xlegal case updates

But, the first significant 2022 news would be on Dec-Jan italy operations:
Going by recent interview statements on bitcoin node arriving in December and emphasis on deployment and IT infrastructure. Assuming BTC mining testing since December deployment.
That is just January updates.

Patent_2 is a bigger beast.

1-5p is great entry - (agree)

...Once we hit 10-12p new investors seeking a first-time entry into UK crypto stocks for exposure, instead of direct asset/ ccy or ETF’s, for simplicity through direct broker may come on-board amidst the frenzy as news may circulate globally particularly over the pond , we are still considerably undervalued compared to all the other established crypto stocks /pools at 10-12p , plus our news will create some positive vibes. Disruptive and radical news tends to create neat global headlines...
HODL WADL GOBL LIDL

Early bird catches the worm...
-04 Oct 2021 12:27 - @1p
-17 Jan 2022 09:28am - 2.9p

Taken on board various opinions over the months...(revised)
Conclusion as far as “investing, timing “and “best point of entry” where high reward is concerned, I prefer, “early bird catches the worm” group. Patience comes within this group as capital is held, LTH with a view for maximum benefits on uplifts including short- medium, and long term. First tranche of big short-term deliveries taking place this quarter, noteably next few weeks.

The other 2 groups are:
2) The wait and see group. (Voyeurs buying halfway up..)
3) F.O.M.O the final group (The Oop’s! I did it again...)

If you wait to see, you intend to pay the higher price. We’ve all been there.
FOMO’s, well you hold the baby for a while:)

Different strokes for different folks indeed.
Question, which group do you identify under?

Flipper me....It could be Sash?????

haha...
Keep looking out for the man from Del Monte, he is gonna say YES.....soon.
Funny enough, ate a lot of naranjas this weekend. No calamares just yet:(

I’ll stir the broth in the meantime...lol

Question a company as large as Block, hugely successful, huge market cap in $bn’s as DSFLAT stated.
If it is what it states, why Tweet for tech partners to join so publicly.

Sounding desperate or thinking out loud on twitter at 3.00am....?

I don’t know. Just a thought that’s bugging me, whilst stirring...
Do they not have the know how?

Likewise holding with passion.
QBT is “brewing” like a fine broth now.
Broth will require stirrers.

HODL WADL NIBL GOBL

Our moment is coming...
Let the pot stir:)

And Dorsey tweeted....
‘We seek tech Partners” get in touch!

Once our ultraboost patent_2 is announced and filed, they could talk.
Agree we are ahead.
Watch this space.

DS,
Then best to press company, do we eventually join FTSE 250 if our market cap exceeds £600m ....
https://www.londonstockexchange.com/indices/ftse-250/constituents/table

Interesting end to the week...

Tr1 famine, No tr1’s here till April. Lol
Your theory is a viable one though ready1.

Would be just good to see there are movers and shakers out there.
Would welcome a new investor as such.

Lets see if there is a TR1...

9 weeks at 3p., we were at 1.1p for much longer i think...
If that is some solace.
Ok maybe not..lol

Onwards and upwards from Monday Ready1 .. ?

Happy to sit with Miker and eat macadamians :)