Member Info for Suthy

Apologies for the absence all, my day job got in the way. Right where are we? Oh yes , just relax FG has already put it in the RNS we are about to become a miner shortly. That its from me for a couple of hours ...back to my meetings,

BTC mining is HUGE as no income generation has been built into this share price and as Addison states sector valuations on minors should be around 10X , 20X and 50X where we are now. How many miners do you know have their own inhouse developed patents.

Who knows, lets just go with the flow. I beleive we will be at double figures this year at some point, but the way we get there could be messy. Welcome to AIM lol

Absolutely Addison, completely agree. It looks like we posted the same thing. lol

However, readingf the RNS it does appear FG has made the decision to start mining after testing which is an absolute game changer. The moment he releases that news alone the share price will rocket, as mining equals revenue= sustainability

Agreed, Qbt is dealing with probably one of the most complex areas on AIM, howwever as punters we cannot appreciate it.. Whatever we say on here means nothing , FG will manage the company as he sees it to maximise success. He is even asking for patience himself from us and thats what i will give him. I am in no hurry whatsoever as when Qbt does release real results , this will do the talking.

I feel FG gave us all he could without patents being filed. Once the patents are filed he will open the taps. He comes across as quite a shrewd operator which i like. The short term will be choppy which will soon pass.

Absolutely Breq, bang on the money

Yes that was great news and unexpected aswell. Did not expect them to be mining so soon.
It just depends on how long the testing period will continue, which i suspect will be another couple of months given the
complexity of the task

Agreed Bantutrader, maybe more once they start mining. If BTC can hit a bull run that would also help consierably.
Right now it is in a bear territory which will hopefully turn around in June at some point fingers crossed.

Agreed Plutuq- i am pretty sure the next few updates will be quite revealing.
I am hoping FG does a proactive interview at some point

Great post 22Star- hope qbt changes your life for the better and you make all the money you need.
Just for the record I believe Qbt will be the next ARB , maybe more…

I meant Qbt is valued at £23m not $23m ....although against a $bn it does not make much difference

The patents will be filed soon enough then we will know a lot more. FG normally gives away a little in the proactive interviews which will be very welcome.
"more importantly Qbt will be mining shortly after testing " - thats good enough for me
As mentioned before junior mining companies are valued in the $bn's , and Qbt owns the patent aswell. Qbt is currently
valued at around $23m ,......

Agreed, FG will now have one eye on the share price now , with his buy back round the corner and share options at 5p which are 3 months away

I noted the refrence to more frequent communication and patience, which suggests more news is not far away. It feels like he will open the taps when he feels secure that the patent is safe. The reference to a step change in bitcoin mining is an interesting one and a very exciting one as he has been alluding to this for some time now as Qbt is attacking the sector in a much smarter way.

Yes, that’s my thinking too. FG will wait until
patents are filed before releasing details. He
is a shrewd operator

Agreed, let’s stick to the facts. There is a reduction in
energy consumption but this is not quantified

Exactly, and FG is buying 5m shares on June 16.

"QBT is addressing an opportunity which represents a step-change for the Bitcoin mining industry"

Say no more......