Member Info for SophisticatedD

Qbt 🤔

.9 on the ask

1.2p minimum today

6p+ on a deal

Qbt leaky

Qbt gone

200 ma dust

Nt

QBT very leaky 🤔

1m then nt 👀

Range of offers have now been received from a number of interested parties

Opened .22

Still auction

MMS are fkddd

VRs saved potentially

400m on the bid auction again

Ai cement 😂

Nt to buy

Balfour Beatty the buyers?

100m on the bid

Auction

Offers on the table 🤔

Vrs

A range of offers have now been received from a number of interested parties, which the Board is currently evaluating. Until legal agreements are signed there is no certainty of the outcome. As previously announced, the Company has taken actions to conserve cash such that its cash runway is now forecast, but not certain, to last until the end of September 2025.

Deal by the end of summer:

Francesco Gardin: Starting with method A, it originally offered a 10% improvement. We are now redesigning it to work on any ASIC chip.

While waiting for the new ASICs, we generalised the method. Currently, it offers a 3% increase in hashing power, small, but with no additional energy use.

Say you mine 1,000 Bitcoins, a 3% gain is 30 Bitcoin, which is $3 million at today’s prices.

The response from mid-sized miners was very positive. For many, this could move them from breakeven to profitability.

We also have other methods showing over 10% gains in more restricted settings. Then there’s method C, which can potentially deliver up to 30%.

That would significantly change mining economics, but it requires hardware integration.

QBT 👀