Member Info for WillIwontI

Sorry still there, item VII not VIII, should wait until I'm awake before posting!

I think the item viii I posted yesterday has disappeared off the website now?

VII. High performance computing architectures

The design of a high-performance IT supporting infrastructure has been guided by the adoption of the best-in-class solutions for the internal communication of the development and production equipment, connected via optical fibres, with storage devices buffered via specific servers and several RAM on board Terabytes for the individual processing units. On the fly pre-processing of data fed to on-site and off-site miners, represents a key competitive advantage which QBT’s R&D team regards as a strategic factor. Remote and on-site general purpose, FPGA and ASIC hardware integration with a quantum processor is one of the topics of focus of QBT’s R&D team.

Sorry if not, I just don't remember it.

I'm guessing Pedro to be about 14-15 years old, his mentality seems to fit that age, or possibly even younger saying he has named himself after a Pepper Pig character?

Addison - I tend to agree with your thoughts, makes sense. Congratulations also on getting your stake back (nearly), I wish you all the best with all your endeavours, you seem an honest chap unlike some on here!

GLA

Ok Fleccy, but you did say a 2% increase in the SP would be break even when in fact the SP would need to rise a minimum of 5% in the real world. I get what you were trying to explain but I did think it was misleading.

Fleccy, surely you need a far greater rise in the SP than that, the difference between buy and sell price can be 3% or much more?

I find the 'A thousand pound? wow, what an investor' comment offensive, £1k is a lot of money for some, including myself. No need to ridicule those less well off than yourself.

My view is that any interested miners will want this tested, proven and operational in time for the halving next year to take full advantage of increasing their success when the value of btc increases due to the conflict of supply and demand at that time.

I'm therefore thinking:

2 months of negotiations with miners (August)

1 month installation on limited machines (September)

3 months testing (December)

2 months expanding installation to all machines (February 24)

Fully operational (March 24)

Obviously just my thoughts as I have as much idea as anybody else 😄

🤞🤞 though

Take your choice which post I'm referring to, there's a few to choose from!

Thanks for your replies everyone, seems its a complicated area but am a little clearer how they might be beneficial now. And thank you all for what was in my opinion a meaningful and grown up discussion 🙂

Here's hoping we all get a very beneficial outcome too, GLA

Sorry Savvy, I didn’t mean buy the 2p shares for 10p, I was wondering why not just buy shares now at 2p for 2p, why wait for options that will cost you 10p accepting they would be in immediate profit if sp was higher but they could have had those shares for x fifth of the price (assuming they believe in the future potential)

Genuine question, no jibes please.

What's the advantage of the options for the team members? If the options mean they can buy at 10p whatever the actual price is which obviously is good if sp is greater than 10p, but why don't they buy now at 2p, why wait if you believe in the potential?

Or am I totally missing something?

QBT

Products & Services

While QBT's main goal is to develop disruptive Bitcoin mining systems to have competitive advantage in its mining activity, selected partners will have access to proprietary mining hardware and software, as well as mining pool and data services.

Mining software

Method B

Quantum Blockchain Technologies PLC (QBT) Machine Learning Research Team has developed a new Bitcoin (BTC) mining strategy, called Method B.

Unlike current standard BTC mining approach, based on a search, where the mining rig runs as many Tera hashes as possible, during the circa 10 minutes allowance for each block, with no special criteria on which hashes to process first, QBT Method B, guides the search, by deciding where the most promising winning hashes are likely to be found.

The procedure moves through the state space consisting of different header parameters and, through a composition of ML and mathematical methods, thereby searches and selects portions of the state space for which the hashes will be processed. This approach avoids processing a large numbers of hashes, obtaining the result in less time.

Extensive Lab tests, at a lower difficulty than the current, have shown that hashing guided with Method B criteria, can improve the ability to find a winning hash by 2.6 times, compared to standard search, while saving up to 4.3% of energy.

Method B software will be available, as a software module upgrade to commercial mining rigs firmware and will be connected to QBT server, where the in house Machine Learning engine, will update the parameter of the software module dynamically. Activation mode of Method B will be as plug&play on existing mining rigs.

For further information, please contact QBT Business Development department at:

info@quantumblockchaintechnologies.co.uk

QBT

Products & Services

While QBT's main goal is to develop disruptive Bitcoin mining systems to have competitive advantage in its mining activity, selected partners will have access to proprietary mining hardware and software, as well as mining pool and data services.

Mining software

Method A

Quantum Blockchain Technologies PLC (QBT) Machine Learning Research Team has developed a new Bitcoin (BTC) mining strategy, called Method A.

Unlike current standard BTC mining approach, based on a search strategy, where the mining rig runs as many Tera hashes as possible, during the circa 10 minutes allowance for each block, with no special criteria on which hashes to process first, QBT Method A, decides, at the beginning of each block hashing, whether to hash using a traditional search, or a spaced confined search.

Extensive Lab tests, at a lower difficulty than the current, training complex neural networks, have showed that hashing with Method A criteria, can improve the ability to find a winning hash up to 10%, compared to current search, by tacking advantage of a weak point of the header generation procedure to gain a statistical advantage over competitors of the order of 10% in mining speed.

Method A software will be available as a software module upgrade to commercial mining rigs firmware and will be connected to QBT server, where the in house Machine Learning engine, via a proprietary platform, will dispatch to the the mining rig speed-up parameters at the beginning of each new block computation. Activation mode of Method A will be as plug&play on existing mining rigs.

For further information, please contact QBT Business Development department at:

info@quantumblockchaintechnologies.co.uk

Check out Mining Software methods A and B on QBT website Products and Services!

Software on the market!!

I've just had coffee and pastries with FG in the Italian sunshine and he said to chill and smell the coffee, I'm doing fine thank you!

It has become very obvious that unless you're in the clique and persistently abuse others and make ridiculous claims you are ignored on this board. Shame really as it was a very good board until children and bullies somehow managed to infest it!

If official notifications need to be released as soon as possible, why has nothing been released about the options that ended last month?
Genuine question.
GLA

Beginning to understand how Bill Murray felt!

RNS required for rollover of options too?