Member Info for FigTreeHarry

VII. High performance computing architectures
The design of a high-performance IT supporting infrastructure has been guided by the adoption of the best-in-class solutions for the internal communication of the development and production equipment, connected via optical fibres, with storage devices buffered via specific servers and several RAM on board Terabytes for the individual processing units. (With more added if needed)

On the fly pre-processing of data fed to on-site and off-site miners, represents a key competitive advantage which QBT’s R&D team regards as a strategic factor. Remote and on-site general purpose, FPGA and ASIC hardware integration with a “quantum processor” is one of the topics of focus of QBT’s R&D team.

Add to above
DWAVE-quantum computing applications Leap and Advantage applications.

Read the above again: “‘WITH A QUANTUM PROCESSOR”.

A small problem for MM’s ;)

This is very good start 6.5m in 22minutes on Monday.

Long day ahead.

CFEQ = 5P

Get used to it....

Anelka,
Don’t waste your good positive energy on ltd.
Puff and smoke, and such are filtered.

Concentrate on the biggest show coming to town in 2022.
I have 2 pieces of information I am sitting on, which indicate we are on the cusp of something amazing with the RnD in 2022.
What was once almost impossible, ambitious even, may become reality with the super academics on board.

Just don’t throw away your old machines away just yet...
(Thinking.....Selected partners v limitless applications)

Have a good weekend.

Quant,
I wrote that last night, but last nights tumble, is another days surge, like a yoyo these ccy’s.
What i would add is non of the other ccy’s were taken into account. Still relative if we add ETH and a few others.
Numbers are bonkers, once you start number crunching and where we are.

We are a bit like raw Ronaldo in 2004 just starting out, and “strong belief we have tools, know how and academic abilities we believe in:
5 ballon d’ors
5 CL titles
PL titles
Seria A titles
La Liga titles
2016 Euros
801 goals later....
And £3
We can all say we all told you so:)))

Ditto that!
Great post insiderK.

Revenue “revised” calculation: Correct me if I am wrong please, could the more experienced investors in crypto Dsflat, quant and others, correct me on this....

1 block mined contains 6.25BTC = $400,000 (est)$65k

Max 144 blocks a day x 6.25BTC
= 900 BTC a day mined

How many blocks are mined in an hour?
Min 6 blocks an hour?

If we achieved 1% of BTC available to mine a day=9 BTC success:
9 x $66,000 =$568k a day x 30day
= $18m a month revenue
= $216m a year revenue
—————————
This is incredible if we achieve AI:
If we had super AI technology and we managed 10% share of 144blocks
10%= 14.4blocks = 90 BTC a day mined

90BTC a day = $5.85m revenue per day
(Market circ price Btc@65k)
=$175m a month
= $2.1bn a year

This does not take into account 5nm tech and all the patents, and new developments with manufacturing partner.

I’m told Bitcoin picked up omricon whilst out, late last night with the lads.

It has since applied for a booster jab.

Guys focus:)

Going according to FG planning so far.
Think about it 6 blocks -16 blocks in an hour is possible, see link below.

Revenue from just 6 blocks successfully mined in a day x 30 days = 180 blocks x $65000= $11.7m a month from Feb-22
https://www.coindesk.com/markets/2020/05/01/bitcoin-miners-usually-create-6-blocks-per-hour-they-just-banged-out-16/?

AI approach if even a remote success, we are in £revenue,?? that shuts the ?? up.
Revenue and funding? issues resolved.
5p options will fruition nicely as will 10p options mid year.

Patent_2 and many more , and 5nm and all the RnD and chip prodiction is mountainous bonus the size of the himalayas....

Godfather of Mining v Man from Delmonte..?

6 blocks of BTC, and the prize of $400,000 is on CEO’s mind.
That is a 0.00001 taster of whats coming our way now.

You missed the fun here today:)

14m volume trades - It was 2.30pm,

In final “2 hours” of trading later we finish 57m
A full day of trading and we would have been 130m volume today?

Next 5 weeks I am uber bullish, after todays final 60second burst of revelation of what the professor saw....

100x to 1000x ..

We only need 100x the rest is a mind boggling bonus.
Most important point start investor’s QBT start mining EARLY Q1 2022.

It’s been emotional..

Hefty buyer:)

The last 60 seconds of interview changes the company.

Mining to start 3months earlier than initially discussed = ££revenue Q1-22

CEO:
Make mine 6 bloc and a flat white please...

QBT LSE Board is alive:)

How is stockwits ?

5 approaches on the go..
Quantum and AI Acceleration = 100x 1000x magnitude might be starting to sink in....even 50x we can embedd /use with chips.
For example, something that is 2 orders of magnitude larger is 100 times larger, something that is 3 orders of magnitude larger is 1000 times larger).

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 mean, we will be in a position to begin to mine as soon as begining of next year.

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.

MM’s have stocked for this news past 20 days.

The 5p options in Feb coincide with AI accelerated approach and p_2 announcement.
60second give away on “2-3 order of magnitude on inhouse commercial chips”
100x 1000x...
PLUS run by
A team of accredited experts and professors
Dwave systems support (company is invested into by amazon and CIA pumped money and recently US Govt again)

Plus
International manufacturer of chips RnD support to work on other approach.

Wake up FFS.

CEO Interview is in 2 parts: The most imminent is this statement on AI approach:

Current work in progress on:Quantum and advanced AI techniques
RnD approach using AI is just weeks away early Q1-22 -

The 2nd part of Interview is must listen if a success even marginally.

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 100x, 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 larger is 100 times larger, something that is 3 orders of magnitude larger is 1000 times larger).

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 mean, we will be in a position to begin to mine as soon as begining of next year.
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.

Part1 on 5nm is industry breaking news, but AI approach to me is imminent, remote success = Q1-22 - BTC minng.
Even if AI result is 50x we can mine in Q1-2022 =. £££revenue£££
This is what we all want to see.

CEO Interview:

We are approaching the goal on mining “faster and cheaper than anyone else”

Quantum Blockchain Technologies 'approaching goal of mining Bitcoin faster and cheaper than anyone”..... on the planet.

3nm and 5nm is the 2nd goal - Tick
Manufacturer foundary approached QBT - Tick
QBT could bemining by Q1-22 using AI advanced techniques,commercial chips.-TICK

Our 5nm and 3nm chips will be fastest and smallest on the planet TBD.

We will be bought out by partner or competitor in 2022?

Costs of a converted chip prototype?
Costs for prototype are relatively lower than one expected.

If converted from fpga process to asic - very low cost.
Fpga conversion to ASIC chip is relatively cheap less than $50k for small batch is my understanding. Happy to be corrected. JS can pay for that whilst having a cappochino in 2022.

Fact is FG /QBT have many choices throughout in 2022 in any negotiations.
Agree on a farm-in agreement. TBD
QBT equity/ options as a part-payment, welcomed by companies from start-ups. TBD
Offer crypto-BTC as future payment end of year. TBD
We will hopefully in line to recieve some cash €9m euros - we will know more in Q1.
Potential cash revenue in Q2-2022 from self mining.TBD

Apple order 80% of their 5nm chips (they have their own name on it) from TCSM

Quant,

One thing I know about the Chinese, business and money is money is religeon.
Money and making money means everything.

If BTC mining is a race, and winner takes all, chinese miners will come to QBT hardware, mining pools to increase profitability.
Make no mistake.

Money rules......