RE: QBT24 Oct 2021 21:50
Wadogara,
At least I did not swear, or use profanity below:)
...When you have what some call “an asset” in the industry which has a global demand, mass adoption taking place, price rising expotenially, unparalleled growth expectation, market size circ growth month by month, overall market capitalisation growing, and the masses wanting to mine this product, ALBEIT) with global regulators against “huge energy consumption” “wastage of unnecessaty electrics” - Houston we have a problem.?Prof FG understood this, as did other white papers written.
This is where we are.
QBT are working on this very solution, with some results, and to be announced, whilst others cannot, do not have the know how of ALGO-Optimisations. There are global white . Papers written on this, by renowned global physicists/ crypto experts. Do some research.
There is a huge global demand for faster, improved, more effecient ASIC chips, global shortage and growing. Quantum and optimisation go hand in hand. 1-2Patents and more to follow and faster ASIC and FPGA CHIPS is a very good start in just 4months with crypto expert at QBT, this will transform this tiny company bigger than ARB, mining BTC/ ETH is supplementry and additional to the plan. We have a site, we have Deployment completion to be announced.
If you wish to onvest in BTC mining, move to another stock board, or buy directly into BTC crypto, end of.
Hanging around here and asking the same question (will they mine - then best to hop another stock or ETF now ) using different connotations is not going to work. People are invested here priortisation = ASIC /FPGA CHIPs for Mining demand (market circ = £100bn..) and continue RnD, add greener solutions to the problems facing this whole industry globally. Climate change and greener solutions are high on everybody’s agenda.
Especially regulators.
To shout at QBT - CEO for immediate Mining “without greener solutions” =GREED over again. Serves littles purpose as strategy states greener energy saving solutions.
To mine going forward, you need to respect the environement first.
That is what all the quantum, Crypto industry and Industry and country regulators are now working on. You cannot get past this, unless you face it head on.
Greener chips comes first. We may offer O/S to masses as some savvy companies are now planning. Mining without greener/ faster chips is courned upon by indusrty. This dilemma is being resolved first by QBT.
Hope that answers your question, the next 1-2 rns will also help.