Member Info for mrhanji

Well this is a longstanding issue with yourself phimx, everything is an impression, it seems like, maybe , not sure.

And then you go back to a promo video a couple of years ago for answers.

When since then there's been many developments.

Anyone looking in follow mickydj posts for context

24th interims is clearly explicit

"The board remains confident that ALL of QBT’s assets have the potential to transform the economics of Bitcoin mining by improving performance of SHA-256, the core algorithm for Bitcoin mining. "

Clearly says ALL methods in the outlook section - "ALL" meaning Method A, B , C.

As MikeyDJ has explained nothing is written off or cancelled.

Lol I just read a comment how someone says they don't know anything about that bitcoin algorithm etc then proceeded to post an essay on how qbt doesn't work 🤔 it's like me saying I don't anything about cars and then tell the mechanic how to do his job.

This is the level of trash posted on these forums

Qbt are building a business... from r& d to commercialisation issues and delays are just normal part of business

But others want to treat this as some exact scientific theory

Business is more of an art then science

200k is just a forecast based on 6 months - it doesn't mean the cash burn is static for the months jun- dec could be more or less.

Yes every month that goes by the risk of placing rises.. however even with a placing you would need a good story for investors to believe in..

We just had a rns saying properties up for sale about 600k and some valuable artwork.. so if these are sold in due course then this some cash in the bank.

Yes thats true LTDaxis

I was going post a view on when I think revenue is possible.. but I would be lying to myself with any prediction.

If FG and team - believe after summer .. method A & B - and they are much closer to the ins and outs of the R&D then any of us -

Then really as an outsider its difficult to add anything more.. or make any predictions.. when we are deep into after summer.. havent had an update on these specifically.

It would be good to get a brief update on method A & B.. but if not then assuming the last guidance stands.

There's also the quantum computing side.. there's a lot of talk recently on how quantum computing could break bitcoin mining - is this something QBT can enter and also add value..

Hopeful for QBT for 2026.. It does look like they are pouring their efforts into getting method C software version as the first revenue source.

The price isn't slipping.. we are just finishing at the same level as last year..

We just haven't had the re-rate that sticks.. we have come close many times this year but the R&D timelines have slipped..

Hmm just for the Whingers then ... Last Chance for FG to drop us a Method A/B tomorrow.. or very early next week.

Otherwise its lights out for Christmas - think we all need a break anyway.

:)

Lets hope 2026 is the year of revenue for QBT.

Reflecting on the last couple of updates it does look like it will be.

The 600k property grab and artwork should buy us some time.. i.e no placing. ..

Method C does look its the lead horse given this has been the focus on all recent updates..

Method A & B stalled at commercials..

Anyways

Gla

No - its just Christmas.. time to take a break.

if we do get an update this week or next , id be very surprised, but would welcome it :)

Argo blockchain is gone.. delisted.

GST looks like its falling..

Usteve still a wanjer making up stuff.

Davemate90,

I dont claim to know in the sense of having inside info. None of us have that knowledge outside the Milan lab.

My position has always been clear - the tech works most probably based on all the public info.

Having said that there are others including yourself who make much stronger claims - like this is all a Charade, FG is making it up as he goes along, its a fraud , its all made up.. and now Phimx just posted Fg is now MikyDJ ? lol

All of these claims are unsubstantiated and made up - the burden of proof falls on the posters making them. Its not up to everyone else including myself to disprove made up stories from Phimx or Usersteves delusions or any other allegations.

Its not guilty until proven innocent - its innocent until proven guilty.

Therefore QBT / FG are presumed innocent until proven guilty.

Useless steve it says "the performance of this new software-only version is independent of the ASIC being used in the miner"

Doesn't matter if it's s21 or s1000 it works on any.

Anyways besides this fg has confirmed many times in interviews it can work on any miner

3x separate nda with 3x separate asic manufacturers???????

Usteve - 12th RNS says :

"Over the past month, testing of the new software-only version in the Company's Milan laboratory has shown an average improvement in mining efficiency of over 10% "

it says over 10% ?

What do you not understand from that ? >10% ?

What ? lol

I'm weighing up whether I should even respond to this latest double combo of garbage posts.. is it even worth my time ? hmmm I think I've wasted enough time typing this.

Usersteve looking at your posts and the type of questions your asking - please don't invest in anything , forget about QBT I hope for your safety you are not holding any other investments. I think most posters can see your lack of ability to grasp anything basic.. better invest in some education.

No i dont think so Hexam,

The last 2 interviews there was no scrambling - FG looked calmer then ever before. Unless you have other evidence the last guidance still stands they are still negotiating.

Regarding the rest of your post i can be an idiot its irrelevant to the success of QBT.

Phimx

you wrote "You're living the dream Gardin's dream. You see. Content to ignore the content."

how do i respond to this ? yeh we are all living in Gardins dream :) prove we are not ?

Im not ignoring any content lol i take everything and make my own conclusions.

Plutuq

Yes there are some bad apples in the audit world, doesnt follow they all are. So your argument fails once again.

Davemate - thats again assuming auditors just sign off regardless - which isnt true i can name a number of companies ive seen on AIM where the auditors havent signed off, or even walked away. Auditors are regulated unlike this LSE board.

Okay well the accounts and everything mentioned wages, the non-existing lab or garden shed according to you, etc - this was all signed off by an INDEPENDENT Auditor, so your saying the auditors were duped.. FG once again got away with his master plan.. seems to happen every year ? last time i checked audits have signed off every year ? FG just cant be caught out.. but you seem to have figured this out ? lol may the auditors are in on it...

I don't think there is any goal post shifting we were told why there was no revenue in 2024 - unforeseen portability issues for method a and B , they had to change strategy and target aftermarket board providers and now its stuck on commercials for method A & B ? Since they have focused on method C ?

Not all investors are scientist there maybe some .. MG strategies who FG has an outstanding Repo with doesnt sound like a bunch of scientists.. or are they ? FG himself said they wont be filing patent as they dont want some of their findings to be made public.. so there is a balance between what needs to be made public as evidence and what is good to keep as business secrets from the competition.

At the end of the day its still R&D and now they are moving into commercialisation phase.. so expect things to be fast moving , agile.. fail fast move on.. etc

Lol i dont know what to say about the salary for a few months - its relying on the same premise that FG is some master fraud - just continues to get away with it - just very unlikely..

Since MikyDJ listed all the posters that been trolling about.. Jambone and others previously who warned there is an agenda here i think were right. The LSE article also proves it.

Ok Phimx,

To say its all fabricated is an extraordinary claim that contradicts every primary evidence available such as regulated records e.g RNS , Financial statements, patent filings etc.

I suppose you will at some point say all the secondary evidence we have is AI generated ? Fg attending conferences , pictures & interview with Jose ? , proactive interviews they are all in on this never ending web of deception ?

FG must be the mother of all deceivers.. having 3 Asic manufacturers hooked on Method c when it does work ?

I hope you can see how far fetched.. and absurd your claims are ??

Keep saying its impossible Phimx but as per FG comments this was exactly the response from the Asic manufacturers who now have NDA's and taking things further with QBT ?

Like i said in previous post im not really interested in the technical details mainly because im not even computer scientist - this is the job of QBT and their R&D team? - but the fact that Method A & B is stuck on commercial agreements and now Method C is moving forward based on software version , with interest from 3 separate manufacturers who are making their source code available, allocating resources etc this shows the tech works ?

We could end up 3% 5% or 10% or more either way at the moment seems everyone involved is happy with this.