ARB has no used for Qbt ...are you kidding me. They need to mine faster and when the halving comes , Galaxy is not going to save ARB. If that is what you are hoping , you better wake up quickly
Hexam - I am not trolling the ARB board I am stating a fact. Which i will repeat " ARB cannot survive with BTC at THIS PRICE"
Qbt are currently in discussion with the large Northern American Miners in the world to implement their software , which will speed up the mining process". Qbt does not have large overheads and the financial model is a licensing agreement. It will 50-100 bag in my opinion. It will replicate or better the original growth of ARB.
When the halving comes around ARB will not make it, unless it partners up with Qbt . As they say in the business ARB is foooked
FG is playing an absolute blinder. Trust no one in the world of business, especially when you have a unique solution to a multi billion dollar problem. Having used NDA's in the past they are not worth the paper they are written on as you will never be able to prove who leaked the information. So FG will be very careful what information he allows to be shared. He will obviously share enough hopefully to get the deal over the line but will not give away the "recipe". If you listen to the interview he mentions there are details which he has not even shared with the Patent Office itself as he described this information as "Industrial Secrets". I am a HUGE fan of discretion in business as it is the key to success.
404- you could be right. It was unusual to say the least and there is no obvious reason for the drop that has come out. I actually think the sentiment for BTC is quite bullish right now.
I think one things for definite, ARB is burning cash at this BTC price. The chances of another equity raising get a lot higher the longer the price stays here. The large debt needs to be serviced here.
Mrhanji- if FG delivers on his strategy...10X is very conservative. The moment there is a confirmation of revenue generation linked to BTC, this will rerate in multiples just on that alone.