RE: FULLY FUNDED to end Q222 Jan 2025 16:39
Dave, please read the full information not snippets to suit your agenda.
‘In other words, had the AI Oracle been implemented on ASIC chips, the Company believes it would boost an ASIC chip’s mining performance by approximately 30%. As of today, QBT is using an FPGA, which has the hashing power of a very small fraction of an ASIC, but is still showing an approximately 30% improvement which is the Company’s key goal, mainly for validation and demonstrative purposes.
Following the filing of its new patent application referred to above, the Company is now in a position to demonstrate its FPGA-based live Bitcoin mining, via a mining pool, to potential clients who it anticipates primarily will be hardware manufacturers.’