Member Info for Phimx

Miker444: You post

" They are out of money to continue selling and now have to decide to buy back in at a higher price if they want to continue their day trading."

Did you get that garbled sentence from Gardin. ?

So the boiler crew have run out of money! So now they are buying back the shares, I presume with IOUs, to prevent some assumed mammoth loss!

???

Yanis: You post

If you have L2, take a look — so far today every single print has been a buy."

Don't keep us suspended. How many £100,000s have been pumped in in ?

"

Well I'm hoping to be proved wrong here but after a bit of research it looks like NEMS2026 at Nashville was a bit of a damp squib, contrary to what Gardin has claimed. I can find nothing from the 'big players' attending nor nothing from QBTs US consultants Josd Rios and Roland Bynoe. Jose in particular is fond of promoting his attendance at events.

Still nothing from Gardin to verify he actually attended, I guess he hopes this line of interest will die quietly. If he did not attend the his many meetings did not take place and it was all a dream.

His hardware and software package is just what Block has given to many others to Beta test.

Miker444: You post

" Phimx the ASA decide that's why they are called the Advertising Standards Authority. They know more than you."

Maybe ! But I have Google too. What they don't have is 'interest and enthusiasm'

Miker444: You post

"Ensuring factual accuracy and avoiding exaggerated claims is essential to comply with ASA regulations...."

Who decides what exaggeration is ?

Gardin claims labs in London, Munich and Milan. The first problem comes deciding what a laboratory is ! I think, anyway to me, these QBT labs are not owned or leased by QBT but are facilities owned by other organisations. There is no information or running cost data available, no staff named or apparently paid to run these 'labs'

I believe the Munich labs are run and owned by a HDL company, who have been advising QBT on the failed ASIC project. Since that fantasy project is now in suspense, there is no longer a QBT lab in Munich.

Gardin has fluffed up this project from the beginning even elevating Naik's status to "UK based international cryptography expert whose specialism is cryptocurrency mining blockchain optimisations."

I don't wish to malign Naik in anyway but at that point in his career he was far from being an 'international cryptography expert'. At least he was expert enough to leave Gardin to his own devices. Naik describes himself as Cyber Security Leader and has undoubtedly progressed well in his career.

Gardin meanwhile continues to fluff up his eternal project which now includes premises in Oregon, that's a new one !!

Mickydj: You post

" Phimx has an extremely long history of cherry picking parts of RNS documents, accounts, patents and forum replies amongst other things, to maintain his narrative."

I clearly reference information and RNS statements, readers can easily cross reference what I write to their own satisfaction. Do your own research I think, if you can't be bothered well ...

Clintec: You post

" If you dont answer, he will fade away"

8 yeads on the Inspirit Energy board, responding to all the rampers, everyone posting about NOMADS and how RNS had to be vetted. All the faith in the board, the technology etc. All the tripe written that I had multiple IDs, I was a shorter, a trader, hoping to buy in cheaper.

Unfortunately, time rang the bell and the rampers were wrong.

Micker444: You post

" I put the Asic Manufacturer has seen enough to give away their latest technology to QBT, I didn't say I had seen enough. Don't pick out bits to suit your own narrative."

But I posted that Block have an open source initiative to give away miners, source code and MDK for free. Perhaps that's what QBT were given to allow Beta testing of Block's kit. Gardin simply bigging up another RNS, since after many discussions, demonstrations, mountains of lab test data and NDAs no one has actually exchanged letters of intent or made any formal show of interest.

Miker444: You post

" ... seen enough of QBT's potential to increase up to 8% - 12% to make them part with their latest technology."

When you see a claimed 8-12 % improvement does it not cross your mind, with respect to what exactly ? Does it never cross your mind why a renowned physicist is incapable of providing comprehensive and comparative performance figures. It's not reliable and it's not scientific.

Silversprings: You post

.

" The last RNS has provided us with detail about the asic manufacturers giving QBT source code and a mining rig for the first time. It’s at least worth seeing what the results of this are in the next update"

You interpret that information one way and I another. Based upon many previous RNS which have failed to deliver, I expect this to be another damp squib in the long run. Time is the only true test of RNS claims.

Mike444:

I have no intention of buying, particularly with a placing imminent.Gardin has inflated this story from day one while it becomes less likely to succeed by each passing RNS.

Dream on, your money you waste it!

Mrhanji and others:

I think Gardin has has spun this story well and 'bigged-up' the relationship with this NDA ASIC miner. The fact there has been nothing but a NDA to come out of all the .any discussions suggests to me, QBT have simply taken delivery of a PROTO MDK which is freely available to developers large and small. The initiative was started by Block, a company which may fit the bill for one of the supposed NDA companies.

Be wary!

Mrhanji:

Best buy as many as you can!

Notready1: You post

"

No Opinion

RE: Qbt interviewToday 13:08

Nice that he continued to talk weeks and didn't revert to months when pushed"

Just like the revenue claim eh!

Yanis2005: You post

" QBT’s R&D team has refined Method C by identifying stable block‑header information that remains constant during mining."

But Rahul Naik identified this feature in his M.Sc. thesis in 𝟮𝟬𝟭𝟯. Read the thesis!

These shortcuts are old hat now! What gains is Gardin claiming and with reference to what exactly ?????

The 43% was one Gardin's blatant errors in the story. The next was the idea that a puny microcontroller could sift through billions of possible inputs to match the awesome ASIC hashing rate, so the story changed! Now apparently, the software can look at the block header, without the NONCE values and determine what the hash will produce. Truly this is a feat of wizardry and you guys actually believe it!

Gardin wrote

" Initial testing of the nominal specifications by the Company's US-based consultants has also been completed; therefore, the delivery of the rig to QBT's laboratory at Milan University is currently being arranged and the rig is expected to arrive in Italy within the next week."

What is the nominal spec of a miner ? Are the world class people in Milan unable to determine if the miner is working correctly on delivery?

Perhaps it just wastes another week or so, remember QBT said they were waiting for delivery 3 months ago. But that's another 3 x £ 16,250 in consultancy fees. Spin it out Frankie.

LSBM: You post

"Their focus on replicability and scientific rigour suggests they would not get to this point unless their internal results were consistently repeatable."

Scientific rigour be blowed. You mean the idiots that didn't realise by throwing away 30% of no-hoper inputs to the SHA256, you can actually hash 46% more inputs for equivalent energy.

Let's stick to facts and not fantasy.

LSBM: You post

" What’s especially noteworthy is the calibre of the parties apparently involved — these are serious names that would not waste resources on testing unless they had already seen convincing preliminary data."

What names are those ??

Gardin pushing hard for the placing.