Member Info for Phimx

If the man had what he claimed you'd have been rich months ago.

It's a fanciful project with no hope of succeeding but that's not going to stop the continued " development"

Hexam:

You make a most excellent point regarding the 43 % improvement, all hypothetical of course since Gardin has just slipped up there and shown it’s all just flim-flam.

From RNS 17 Jan 2025 Gardin states regarding the FPGA Oracle:

“ … which is now mining current Bitcoin blockchain blocks and avoiding irrelevant SHA-256 computations approximately 30% of the time.”

He goes on to say

“ … the AI Oracle results in an approximate 30% advantage over an FPGA without the AI Oracle “

𝗚𝗮𝗿𝗱𝗶𝗻 𝗮𝗻𝗱 𝗵𝗶𝘀 𝘄𝗼𝗿𝗹𝗱-𝗰𝗹𝗮𝘀𝘀 𝘁𝗲𝗮𝗺 𝗼𝗳 𝗣𝗵.𝗗, 𝗣𝗿𝗼𝗳𝗲𝘀𝘀𝗼𝗿𝘀 𝗮𝗻𝗱 𝗲𝘅𝗽𝗲𝗿𝘁𝘀 𝗱𝗼 𝗻𝗼𝘁 𝘂𝗻𝗱𝗲𝗿𝘀𝘁𝗮𝗻𝗱 𝘁𝗵𝗮𝘁 𝗳𝗶𝗹𝘁𝗲𝗿𝗶𝗻𝗴 𝗼𝘂𝘁 𝟯𝟬% 𝗼𝗳 𝘁𝗵𝗲 𝗹𝗼𝘀𝗶𝗻𝗴 𝗯𝗹𝗼𝗰𝗸𝘀 𝗴𝗶𝘃𝗲𝘀 𝗮 𝟰𝟯% 𝗮𝗱𝘃𝗮𝗻𝘁𝗮𝗴𝗲

Davemate90: You wrote

" Fact 1 - you mention patents. They've applied for patents previously- can you say what has happened with those? I am unable to find info."

You haven't tried very hard, a few weeks ago I posted about their first patent and provided links 3 or 4 weeks ago.

The first patent was rejected! The work by Rahul Naik upon which the application was based had been published in 2013 or 2014.

Searching for patents is easy !

Koolkat: You write

" It's impossible to deny or disprove the evidence in front of you 👇 Now run along back to advfn with all your other pea brained mates! "

What Gardin writes is not evidence. Gardins past written words have not shown to be dependable - I'm being kind !

Believe what you want but people can make up their own minds based upon Flip-Flops past RNS

Dooogle:

" ...to confirm the AI Oracle's performance on their ASIC chip's architecture"

The Oracle and ASIC are only linked by the conveyor belt feeding data packets from the control board. The Oracle interrupts the flow by knocking definite losers off the conveyor belt. Those packets that reach the ASIC are processed as the ASIC has always done. The Oracle is supposedly on a FPGA. How long will it take for live mining before a bit coin pops out the ASIC ???

So use historic data, in which case you don't need an ASIC you just want to see the Oracle sort the data into 2 piles. Oops forgive me QBT have already carried out this process and have huge amounts of test results.

What more testing does is prolong the pay packet and fees of Gardin

" ...

Dooogle"

" Method C is all about the Oracle, they have ‘irrefutable results’ as per the method C update (17th Jan) from the Oracle"

𝗜𝗥𝗥𝗘𝗙𝗨𝗧𝗔𝗕𝗟𝗘

Then why repeat testing once again ???

Usersteve: You write

" ... Note that the testing is being done to test the ASIC chip's architecture, not a physical ASIC chip itself. Method C needs to be manufactured onto it's own ASIC chip, so I think the testing will be on ASIC emulation environment. Unless the company has actually manufactured a batch of Method C ASICs for testing. I hope so, but this would cost the company a lot of money and would have taken months to produce. Hopefully clarification on this point is forthcoming..."

Who cares about the ASIC? Method C is all about the 𝗢𝗥𝗔𝗖𝗟𝗘!

If I own an ASIc what I want, really really want to see is the Oracle filtering inputs into losers and possibles, then and only then will I let my ASIC process the possibles.

Prove the 𝗢𝗥𝗔𝗖𝗟𝗘 works first !!

Oldsharedog:

" ... science is a wonderful thing and maths don't lie."

But people do.

As usual Gardin writes the minimum he can.

Note how he avoids saying that presentations were given, the very reason for attending. He writes the following

" ... is pleased to announce that, 𝗳𝗼𝗹𝗹𝗼𝘄𝗶𝗻𝗴 𝗶𝘁𝘀 𝗮𝘁𝘁𝗲𝗻𝗱𝗮𝗻𝗰𝗲 at the Mining Disrupt 2025 conference, it has signed a Non-Disclosure Agreement ("NDA") with a leading manufacturer of ASIC chips for bitcoin mining.

No admission of actually giving presentations.

Usersteve: You wrote

"And it's good they have confirmed that testing will indeed be carried out on the company's ASIC chip archtecture"

ASIC architecture is a complete red herring, keep your eye on the ball. The only thing that matters is the Oracle. Any ASIC miner will hash what is fed into it, the Oracle filters out losers before being input to the ASIC.

So to test the Oracle, supply it with old test data consisting of winning and losing inputs and watch it sort the data into 2 piles - possible winners and definite losers. If the Oracle can do that I'd be asounded and then you can worry about connecting it to any ASIC.

Riceyboy84:

Don't be too hasty saying it over. Many companies on AIM cling to life for years, repeatedly raising investors hopes and raising money with placing after placing.

In-spirit Energy suckered investors for at least 11 years, very significant parallels with QBT.

Valirx been pushing a drug product for years and carried out numerous placings

UKOG: still going but now using Hydrogen storage project to raise monies.

As long as the directors have a barely feasible project to puff up and make "potential" claims about they'll keep drawing the money and perks.

AIM companies in general, have suckered Billions from gullible investors over the last years, mostly legally but it would be nice to test their claims in court.

Of course the ardent and persistent rampers make up the story the directors can't publish, otherwise they may leave themselves open to fraud charges.

Dooogle: You wrote

" to suggest QBT should have been snapped up without proof seems very odd, who buys without proof."

𝗕𝗨𝗧 in reply to an investor Gardin replied they had tons of data from lab testing. So it would appear he could provide any amount of evidence to possible partners. If it actually exists and backs up his claims!.

Irrefutable results have been available since 17 Jan 2025

" Francesco Gardin, CEO and Executive Chairman of QBT, commented, “Following almost three years of R&D efforts, the AI team working on Method C has delivered its first irrefutable result, with a new version of Method C AI Oracle, which can now be used to mine the current blockchain blocks in real-time with an approximate 30% improved performance"

Dooogle:

There is RAMPING and there is REALITY.

The market is voting for REALITY and giving this a wide berth

Dooogle:

The ALTERNATIVE is .... it is going nowhere!

Doogle:

I think any sane investor would wonder why this golden goose hasn't been snapped up by Marathon. The fact that QBT are hawking their ideas around 'shows' tells the sensible investor its because they are NOT having serious talks with anyone.

Come on son, brilliant ideas, products and money makers are not progressed like this. If its a real money maker private money pours in and grabs it.

MCnol: You wrote

" PJ, the only ‘naked short’ going on today are my skin coloured boxers"

Surely that was a typo, should it not read "skid" coloured boxers?

Usersteve:

Do not mix up emoluments and renumeration. Emoluments have a wider reach than renumeration.

𝗪𝗔𝗥𝗡𝗜𝗡𝗚

Today may be the last day you can sell your shares. I realise many investors have very little to lose now and are praying for a miracle. It isn't going to happen. INSP will no long be traded on AIM so, unless you find a private trade, your money is gone.

Your choice your loss.

Usersteve:

I believe once an entity goes above 30% holding they are required to make an offer for the remaining shares at the highest price they paid. Don't quote me on that !

To summarise, firstly, the patent application - this means QBT have a suitable “product” that needs protecting.

first patent application has been rejected - verifiable !

Secondly, QBT have done what wasn’t supposed to be able to be done (manipulate the bitcoin algorithm).

IF you believe Gardin

Thirdly, QBT are in a position to show live demonstrations, which they did in one to one meetings with many companies as stated in the latest news.

To summarise, firstly, the patent application - this means QBT have a suitable “product” that needs protecting.

first patent application has been rejected - verifiable !

Secondly, QBT have done what wasn’t supposed to be able to be done (manipulate the bitcoin algorithm).

IF you believe Gardin

Thirdly, QBT are in a position to show live demonstrations, which they did in one to one meetings with many companies as stated in the latest news.

KoolKat is happy to say a demo occurred but Gardin IS NOT ??