Member Info for Phimx

Oldtrader:

You write persuasive posts BUT what is beginning to concern me is not the big picture, the global importance of relationships and potential or being poised to take market share etc. etc. What concerns me is we are seeing no trickle of small orders. Where are the small projects with one or two batteries. Projects that link with small solar or wind projects that can be quickly designed and built in wilds ?

From memory there was a small private business

, maybe a hotel or farm in the south of England that promoted several years ago. Why have there been more of these. I would have thought large countries e.g. USA, Canada, Spain, France would be perfect for isolated enterprises to adopt this technology.

Alas its seems IES has not had one single battery order. !!7

This is now following the usual AIM trajectory. After a lot of false dawns and failure of the Chairman to deliver the puffed up subjects written in RNS, the suckers begin to realise it was all a dream.

The traders move in en mass and a war breaks out between the rampers and derampers. The guy at the top sucks out money and fees and slowly after lots of placings the share price sinks lower and lower.

The only mystery is why it takes supposedly intelligent people so long to cotton on, I guess it's just a desperate hope that it may just mag come good

.mickeydj: You write

" This post has been reported for false and misleading, as the information that you are giving is clearly that. It is also quite clear that by the language and text you are using is verbatim BrewHaHa, and you are not permitted to have two accounts."

Obviously the post hits the spot. If its misleading care to explain how Naik's name appears on the REJECTED PATENT APPLICATION..

Gardin obviously found leisure parks too complex a subject and flipped the groundwork team and made them work on crypto mining . He probably thought Bitcoin mining was just more pick and shovel work.

Usersteve: You wrote

" We are to believe that out of the blue the company suddenly decided to develop a custom algorithm to game SHA and develop custom chips.

You seem to be forever behind the curve. Gardin purchased the ideas behind Rahul Naik's 2013 M.Sc. Thesis, available on the net to read. Gardin claimed Naik was.

"a UK based international cryptography expert whose specialism is cryptocurrency mining blockchain optimisations"

Gardin likes to puff things up. Naik can be found on LinkedIn and hasn't followed a path in Bitcoin mining. I'm guessing Naik's thesis was initiated by his supervisor Dr. Nickolas Courtois. Naik also appears on the rejected patent application , which Gardin has not informed investors of.

Basirite: You write

" Rather than wait for official news and clarification via Rns -let’s try and cloud the issues and pre-empt possible outcomes with inane questions and suppositions-the classic paid deramp modus operandi lol.Fretting is my take!"

It is not too surprising, it is a discussion board after all. Supposition, guesswork, speculation, interpretation etc are all part of the game of pre-emptying the future share price - to make money!

Oneandonly 1: You write

" Interesting John Gunn explanation has been pulled, as they say follow the monies"

What explanation of what ??

Usersteve"

"What is the official website for QBT? I can't see it in any of their RNSs. Only phone numbers."

Google " quantum blockchain technologies "

Usersteve: You write

" Ok, so where are these supposed "private meetings"? There was a Bitcoin mining conference with dozens of presenters, and QBT had a 49 minute slot in that multi-day event."

Link please, I don't think anyone else has noted this ?

Usersteve:

The RNS information suggests to me there is one FPGA feeding inputs to a number of ASICs. Now the ASICs are a lot faster than the FPGA but on the other hand they are doing more work, the RNS suggests that the Oracle is small but does less work for each input. Therefore the FPGA can feed x number of ASICs in rotation.

It is not possible to definitively arrive at a figure because Foggy is being vague and evasive with the numbers involved. I'd hazard a wild guess that it would be about 1 FPGA to 50 ish ASICs. But I think its simply a project with little chance of becoming a commercially viable product.

Does it actually save power ? If you are allocated say 1 Million candidates to hash do you stop when you've finished your quota ? In that instance you've only hashed 700,000 so yes you've saved on the electric bill by 30% but you didn't win. More likely you hashed more candidates and increased your chances of winning by an incredibly small percentage.

So Foggy's FPGA is sifting out no hopers from from an unimaginable huge source of possibilities but only one winner. Every 100 inputs it puts 30 in the bin but the other 70 go on to be hashed but they don't produce a winner either because the chances of getting the winner is ostensibly zero. What have you learned from standing around for 100,000 years. ... the rest of the world wins every time and a winner never pops out of your machine.

So I'll repeat.

I wonder how long they'll hang around waiting for a Bitcoin to pop out ?

I should think we'll all be dead and buried !

Usersteve:

You also need to understand a mining pool distributes a fraction of the unimaginable number of losing hashes and only one winner. Your FPGA/ASIC may not be allocated the winner to actually hash correctly.

To win with an FPGA and 100 ASICs in isolation I.e. not in a pool could take literally hundreds of years. It's your hash rate versus the rest of the world. Come to think of it, if its a race between you and the world's pool and you both start at the same number.ber 1 hash you'll never win, the pool will split up all possibilities and distribute them to God knows how many miners with God knows how many ASICs. So a miner somewhere is hashing candidate number

100 billion while you're starting at number 1.

The numbers involved are stupendous!

Usersteve:

You need to do some serious research if you believe what you write. It's 10 mins approximately for the entire hashing community perform Gazillions of hashes per second. So if QBT have an FPGA feeding say 100 ASICS it will probably take many years to come up with a winning hash.

The information is out there go read

Regards

Dumbfounded

Obelisk:

Does it not cross your mind that there may be a touch of sarcasm in Dave's posts?

Perhaps one day I'll get it wrong and miss out on a company that actually makes money for it's shareholders but I'll not hold my breath!

Oldsharedog:

Undoubtedly the vast majority of people here are in denial of the riches that have slipped through their hands while gambling on AIM.

I'll pass on this one, as I have with many other AIM 'schemes'

I firmly believe there will be an announcement that will be vague and lead to further delays and further development. My take is this is another never ending project that has no real possibility of producing a commercial product. You are all free to decide and place your bets.

For those busily writing to the FCA right now. Read this.

https://www.bbc.co.uk/news/articles/cp9z332j4npo#:~:text=They%20included%20whistleblowers%2C%20victims%20of,were%20%22opaque%20and%20unaccountable%22.

Or

https://www.desmog.com/2018/05/09/taking-aim-london-s-wild-west-stock-market/

Turnthecorner:

Or

https://www.globalwitness.org/en/blog/little-brothers-big-secret-radio-4-takes-hard-look-londons-junior-stock-exchange/