Member Info for miker444

Was going to add, every single one of my buys 2 x £28k, 1 x £74k & 2 x £35k ( ish ) were logged as sells or unknown as have practically all other decent sized trades possibly going back as late November, doesn't bother me as it does not affect my holding but it is not just a coincidence imo.
atb.

RhHh, hi mate, I will not be top slicing as I am fortunate that this is one of my smaller holdings, believe it or not, I topped slice GGP for £200k hence where my funds came from, sitting on £4m with GGP at one point so I see it as an exciting 'free ride' and want to see where it can end up. I do believe with the ease of which FG secured an NDA with one of only 5 Global 5nm manufacturers that that Company saw enough of QBT that it will indeed become disruptive.
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Bobat I bought 6m at an average of 3.4p in Nov/Dec book price £200k but I am more than happy as with warrants @5p & 10p in the near future this should be going only one way in time for 2nd patent and update on mining speed by the end of Feb.
atb mate.

Tripod I wasn't aware of that mate so happy to be informed but the main point still the same as the £1m allowed an awful lot of work to be undertaken or at least get underway and so another £5m will underpin substantial work for R&D or progression to wherever FG applies it. It's a win win irrespective .
atb.

FigTree if just £1m allows FG to initiate acceleration of all those options imagine what Sipiems potential 8m/9m euros will utilise for QBT knowing we are fully funded for 2022 even without this, the court case is heavily leaning in our favour and I strongly expect a positive outcome with any financial awards to be in QBT's bank account well before year end, most likely midsummer latest.
atb mate.
DS FLAT good post.

Arb currently mine on average approx 150 - 170 bitcoins a month, roughly a block containing 6 bitcoins a day. They are the cheapest company extraction cost wise.
There are still 2.1m bitcoins available to be mined. It would take ARB 1,092 years to mine the rest, more than a millennium. Yes of course ARB are not the only miners but to deplete all coins will not happen overnight and as everyone knows the more scarce or less of something that's in demand pushes the price up, considerably, it goes hand in hand.

FigTree excellent post and bodes well if a global concern such as IG have selected QBT as a top stock for 2022. I thought we were pretty much still under the radar, relatively speaking, but it would appear there are eyes on us probably waiting for the next set of news. I also like the fact that it is relating to the US markets and could suggest as you proffered yesterday that our 5nm semiconductor NDA could well be US based Foundary, may not be but the US mining pool is seeing the biggest increase % wise ( pro rata ) in market share now that China have stepped to the side.
DSFLAT good post relating to bitcoin.
atb.

FigTree no need to apologise and many thanks for the reply, in some ways it would mimic what happened at GGP ( my biggest holding ) when out of the blue CEO Gervaise Heddle stepped down after finding the mother of all deposits, it was only a few days later after the shockwaves had subsided that as shareholders we realised he had taken it as far as he could, he was basically an innovator & explorer, and it needed to be taken to the next level by an experienced Company maker with provenance.
Francesco who I see as an innovator as well as a professor may well do the same and whilst still having input ( probable Chairman ) will go for exponential growth and a CEO with a previous record of growing a company.
atb.

FigTree excellent post as usual but I note you think a possible new CEO Q2/Q3, are you of the belief that Francesco will step down ?
atb mate.

To secure an NDA with 1 of only 5 Global Manufacturers of 5nm semiconductor technology capability it should be a pretty good indicator that Francesco Gardin impressed them not only to come alongside QBT but the sheer speed at which he secured this. It was not part of the Nov rns ( we were going with enhancing 7nm ) but had been signed in tme for the Dec rns.
In Company terms not only is that breath taking speed but also shows the freedom to which Francesco has in decision making. He basically stopped everything and said to his team we are at the start up stage it's now or never to be able to change tack, if work had started on the 7nm even just 3 mths in it probably would have been past the point of no return certainly financially with the costs already incurred to change direction completely in the way he did.
That's a big plus and says a lot about FG, his leadership, his vision, and for me his desire for not settling for 2nd best.
New 'posters' should do as other genuine holders have suggested and read through previous rns's and watch podcasts also as they will then be aware that the mining rig and data node was delivered with work starting over 3 weeks ago.
atb.

CZLi I must admit I did conclude myself that the 10m buy may well have been due to early successful findings reported back via 'the grapevine' in increasing mining speeds to those which currently exist.
If it was common knowledge would have expected, despite its size, to have seen a ranche of similar sized buys but I would envisage any results to be closely guarded to just a few privy QBT staff and that the buyer was from within.
China's recent ban has allowed a larger slice of the cake available not only to existing mining pool companies but also to newcomers trying to establish a foothold.
As I have said before nothing is certain and the technology required for 5nm chips is probably more complex that us mere mortals can perceive but even with a few knock backs I genuinely believe that QBT, seeing as we have already got as far as Patents, have come too far and are so close that any problems or failures will be short term and ironed out / overcome.
FG knows the prize is too big and by now will be able to 'smell the coffee'. He may not be the only one seeing that 1 (of just 5) global producer of the closely guarded semiconductor technology that is 5nm have welcomed us in with an NDA to boot.
If successful I see a MarCap for QBT greater than Argo, I really do, in time.
atb mate.

Suthy Happy New Year mate and as you say same to all QBT holders, I think we need to remember that we don't have to blow the doors off straight away to get things (sp) moving, the next update / rns is really about progress being made.
It could well be transformational, however, so long as it goes some way to proving up that mining speeds have been increased and that work in progress can result in continuous improvement until 2nd Patent being logged that will be the spark for sp movement.
We have a lot of news some having more impact than others, even the court case findings on the 12th could see £7m - £8m landing in QBT's coffers before the end of 2022, how welcomed would that be to FG to put toward R&D.
Lots of sp positive news coming our which should see the 5p / 10p warrants being good value for their money.
atb mate.

Yes it will drop on opening, but like many I am already well under water so why the hell would you sell now?, I will not be adding but not selling a single bean either, I was in ( still am ) GGP when Newmont pulled out of a 'certain no brainer deal' and the sp dropped 71% on opening, I stayed in and watched the sp go from 0.44p to 38p and make several £m pounds paper profit in doing so.
This is not GGP but we also haven't started a single IM transaction yet, so if that can be achieved along with everything else then the sp will eventually rise and significantly ( from here at least ) long term.
atb.

A matter of fact and flat RNS and a long term hold, the main saving grace for me is we will not have to stump up £3m - £5m for whatever was valued to attain 10% of a Fintech Bank, I suggest it was the Fintech banks decision but will suit both parties, it is not a bad thing currently for Syme's position to have find / raise the equity to have been able to complete said deal, imo.
Just more waiting I'm afraid but also a more realistic long term play now that Jim Coyle is on board.
atb.

Apologies blockchainer was typing post and hit send before reading yours, very similar in content but accept yours more eloquently put.
atb mate.

I expect no more than the trading update with the revised revenues for this year coming in as expected £0.5m - £0.8m, that will do for me as it will be the start of many more updates and rns catalysts due in 2022.

Not sure if FG and his team will call a halt for Christmas but if they do I would imagine it will be a short break or even rotate a smaller team to allow staff time off but also to enable pushing on in the areas that matter. He has got several teams working away to accommodate this (of sorts).
atb.

Bigger picture it doesn't really matter, will it be successful it's that simple, signing off until tomorrow.
atb.

Obelix totally agree with your sentiments, lets have some room for momentum once news is released not stopped in its tracks.
atb.

jamrock, absolutely correct in that FG will know it will be worth waiting a few days / weeks to come to market and state it has been a total success in mining speeds faster than anything currently out there rather than release news now saying 'things on track / looking good' etc.
If FG can pull this off then it will disrupt anything connected to bitcoin thus far, I am happy to wait for game changing news.
atb mate.