Member Info for Pedrobull

So maybe 10s of servers or 10 servers...

Then QBT have indicated proximity to the customer Mining Rigs is important.

You bet it is!

I reckon if Method B software worked as said then I'd guess it would have to be in the same building right next to rigs if not actually running on them.

As a network engineer I understand speed of networks copper, fibre, microwave, satellite etc.

Speed of light 30 x 10*8 or approx 60 miles per millisecond (ms)

So if a "SaaS" server was 60 miles away the perfect network latency would be 1ms

If it was 600 miles away it would be 10ms and 100ms at 6,000 miles.

However it is network connections from the miner rigs all the way into the SaaS host datacentre that makes the difference.

The actual network bandwidth and technologies employed plus other users.

What if they put their "SaaS" server in a datacentre in Quebec and one of the other customers was Netflix!

Remember the dotcom boom where all you needed were eyeballs!

Turnover (Revenue) is vanity

Profit is sanity

Unfortunately QBT have no revenue (2022 results £0) from anything have they?

I'm really not sure SaaS to improve BTC mining is a viable proposition due to latency so remains to be seen if there is any 2023 revenue (none at half year).

AVOID

On very little volume...

AI adding value to healthcare is a no brainer!

Over half net assets in cash...

The Board of Dunedin Enterprise Investment Trust PLC is pleased to announce a preliminary unauditedThe Board of Dunedin Enterprise Investment Trust PLC is pleased to announce a preliminary unaudited net asset value of 617.6p per share as at 30 September 2023 (609.2p at 30 June 2023).

The preliminary unaudited net asset value has been calculated using the underlying managers' latest valuations (including those received since 30 September 2023), which remain subject to review by the Board of Directors.

Based on those valuations, as at 30 September 2023, the Company's unlisted investments were valued at £12.7m. The Company also held cash balances of £18.4m and net current assets of £2.9m making total net assets of £34.0m. (609.2p at 30 June 2023).

The preliminary unaudited net asset value has been calculated using the underlying managers' latest valuations (including those received since 30 September 2023), which remain subject to review by the Board of Directors.

Based on those valuations, as at 30 September 2023, the Company's unlisted investments were valued at £12.7m. The Company also held cash balances of £18.4m and net current assets of £2.9m making total net assets of £34.0m.

@Breq I am not sure on the SaaS due to latency and your mention of HFT got me thinking further.

HFT is microsecond electronic trading and bears a similarity to BTC mining in terms of speed advantages.

Wikipedia has a section on HFT with respect to Latency which suggests to me that SAAS will not work very well for BTC mining. Being close isn't the main issue wrt latency is it the actual network technology, speed of light stuff!

Low-latency strategies

A separate, "naïve" class of high-frequency trading strategies relies exclusively on ultra-low latency direct market access technology. In these strategies, computer scientists rely on speed to gain minuscule advantages in arbitraging price discrepancies in some particular security trading simultaneously on disparate markets.

Another aspect of low latency strategy has been the switch from fiber optic to microwave and shortwave technology for long distance networking. The switch to microwave transmission was because microwaves traveling in air suffer a less than 1% speed reduction compared to light traveling in a vacuum, whereas with conventional fiber optics light travels over 30% slower. Especially since 2011, companies involved in HFT have massively invested in microwaves infrastructure to transmit data across key connections such as the one between New York City and Chicago but also between London and Frankfurt, going through Belgium thanks to a network of former US army antennas. However, microwave transmission requires line-of-sight propagation, which is difficult over long distances, driving some HFT firms to use shortwave radio instead. Shortwave radio signals can be transmitted over a longer distance, but carry less information; in 2020, a hedge fund partner quoted in Bloomberg News said that shortwave bandwidth is insufficient for transmitting full order book feeds for low-latency strategies. Firms have also looked into using satellites to transmit market data.

Maybe FG can speak to Elon and get a Starlink network going...

That's the Chinese method

10 mins in Justin does say "Huge" in relation to 2.6 Johnny Boy (don't know who he is) said Mmmm! and that's all he said.

I've followed him but not as many

GLA

Quoted £4.90 to buy today, topped up.

With the recent history of returning cash this is a Strong Buy IMHO

I believe in crypto and Bitcoin in particular.

I honestly don't believe QBT will earn a red cent with their "SaaS" though.

I'd buy an actual crypto plat like KR1 or an ETF

Great work by FG again.

Dilution of 10% to raise another £2m

The SaaS X post got enough done to get the price up to enable this raise.

No customers as yet though.

They've got to build a hosting service.

Does SaaS even work on a mining rig, what about latency and delay?

Expect another pop in a few months, that'll be your chance to exit at 2p

GLA

Nice tick up 23% on little volume

GLA

LOL

MMs never play games on the way up, only when shares drop apparently!

The games a bogey, balls up on the slates

Won't see 3p again unless some customers appear and I'd not bet on that.

The SaaS is a smokescreen which worked wonders, superb PUMP

Wish i'd bought under 1p though but I'd have sold out by now

It has to at some point, director buys recently at 460p and they are doing share buy backs, the whole market is trading as if we are heading into long drawn out recession

Quote - "marking a threefold PUMP in the past five trading sessions."

Remember the day ARB hit £3

GLA

My apologies;

Long - A few students are going to develop a quantum computing software that beats Google & Microsoft and others, yep thats happening

According to a McKinsey & Company study, only 20% of SaaS companies survive their first five years in business.

We are clearly in a bear market where risk is off and especially in AIM listed small companies, no-one cares about potential gold ounces tomorrow it seems

Also for the new people;

Short - QBT claim to have developed faster Method A & B software, no customers have been named as yet, they have last week sent a message on X to their 103 followers at the time about now being available SaaS. Again no prospect customers mentioned.

Medium - QBT cannot possibly hope to develop ASICs or any other chips, compared to Intel and other giants.

Long - A few students are going to develop a quantum computer that beats IBM and others, yep thats happening

Is there not any network delay or latency in using SaaS as compared to running direct software on your own rigs or mining pool.

I'd take the profits now.

GLA