Although saying that , who knows. Qbt went from 30% to 160% faster and that caught out everybody. FG likes to under play his cards , maybe they are closer than we think.
Jamb/Addi- I think July is probably more realistic. Depends how long it takes to agree terms and conditions. Out of the ten miners Will they chose one miner or multiple miners. .
Bobcat - Everyone on this board , albeit, trader or investor has owned or owns Qbt shares. Fleecy has NEVER bought and by his own admission never will. He has chosen to sacrifice a large portion of his time on this board. What a waste of life .
Bobcat- I can see your logic. However, Fleecy spends the same amount of time (if not more) and is not invested at all. So its probably best not to quote Fleecy on this one. We have asked Fleecy multiple times what his real motive is for posting here 7 days a week , 365 days a year and he clearly does not want to tell the board the truth.
RE: Recent study by Kent University10 Jun 2023 22:41
Addison. Yes that was a good read. Quantum computing will definitely be the next big thing. The article also recognised that it is still in its infancy
I think the next piece of news will be what FG stated in the interview i.e partnership. I believe that would his and the new Business Development director's main focus. The timing is what it is. I could be wrong and he could surprise us...however I think if he delivers on what he said he would then a short term fluctuation is what it is
Magnum- I agree with you, the placing would not have happened if the claim funds came in. However, the amount of £1m was not a lot given the number of staff and overhead costs. Which leads me to believe it was a stop gap before a deal is struck or funds come in.
I believe Qbt will do a deal with ARB. They are in all sorts of trouble due to massive hardware infrastructure costs and it is clear the current price of BTC is not enough for them. A deal with Qbt will give them a huge advantage. If I was the CEO of ARB i would be offering FG the finest champagne, together with a lobster meal :)
Its difficult to predict how the mm's behave. However one thing is for sure, the LTH''s here are not going to be shaken no matter what they do. Eventually, the mm's will fall into line., they will have no choice.
Jambone- yes Qbt moves from R&D to revenue generation. The key thing is that the revenue will be generated almost straight away due to real time mining .
It is unclear whether they sign with one or multiple miners …. If more than one then I could have low balled it on the valuation.
Miner - thanks for the recap on ggp, I unfortunately missed it . The valuation of qbt is around £15m which is tiny , I expect it to rerate to at least £300m on signing a partnership deal and then on to £1bn minimum if it manufacturers it’s on ASIC chip.