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Pin to quick picksQuantum Block Regulatory News (QBT)

Share Price Information for Quantum Block (QBT)

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Share Price: 1.825
Bid: 1.80
Ask: 1.85
Change: -0.05 (-2.67%)
Spread: 0.05 (2.778%)
Open: 1.875
High: 1.875
Low: 1.75
Prev. Close: 1.875
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Market Update

20 Oct 2023 13:16

Quantum Blockchain Technologies Plc - Market Update

Quantum Blockchain Technologies Plc - Market Update

PR Newswire

LONDON, United Kingdom, October 20

20 October 2023



Quantum Blockchain Technologies Plc

(“QBT” or “the Company”)



Market Update


The Company refers to a message it posted yesterday on its X (formerly known as Twitter) account which states that its proprietary Method A and Method B software are “available as a SaaS client-server cloud application by uploading an upgrade to the mining rigs' firmware.”


In addition, QBT has revised the Method A and Method B product descriptions on its website, by stating that they are now available as a SaaS platform (Software as a Service) and have added two animations visualising the data obtained by running Method A and Method B on its GPU testing platforms in time lapse.


The need to adapt both Methods to a client-server architecture emerged from discussions with potential BTC mining clients/partners and their request for QBT source code to be installed on their mining rigs to be inspected for security and other technical reasons. QBT, however, is not prepared to share the source code of its Methods with any third party. The Company has therefore made its Methods available in the form of a SaaS platform to enable the core of the Methods to be installed on a QBT protected server and accessed by potential BTC mining clients and partners to allow them to undertake evaluation of the Methods and this was the substance of yesterday’s X announcement.




For further information please contact:


Quantum Blockchain Technologies PlcFrancesco Gardin, CEO and Executive Chairman   +39 335 296573


SP Angel Corporate Finance (Nominated Adviser & Broker)Jeff Keating    +44 (0)20 3470 0470Kasia Brzozowska


Leander (Financial PR)Christian Taylor-Wilkinson    +44 (0) 7795 168 157



About Quantum Blockchain Technologies Plc


QBT (AIM: QBT) is an AIM listed investment company which has recently realigned its strategic focus to technology related investments, with special regard to Quantum computing, Blockchain, Cryptocurrencies and AI sectors. The Company has commenced an aggressive R&D and investment programme in the dynamic world of Blockchain Technology, which includes cryptocurrency mining and other advanced blockchain applications.


Date   Source Headline
30th Oct 20237:00 amPRNPlacing
20th Oct 20231:16 pmPRNMarket Update
5th Oct 202312:59 pmPRNREPO Rollover
26th Sep 20237:00 amPRNInterim Results
20th Sep 20237:00 amPRNPorting of Methods A & B
31st Jul 20237:18 amPRNTotal Voting Rights
24th Jul 202312:26 pmPRNResult of AGM
24th Jul 20237:00 amPRNPatent Application
7th Jul 20237:00 amPRNPartial Bond Conversion
4th Jul 202311:56 amPRNRollover of REPO
30th Jun 20237:02 amPRNTotal Voting Rights
30th Jun 20237:00 amPRNFinal Results
26th May 20237:00 amPRNNew Marketing & Bus Dev Manager
10th May 20237:00 amPRNBitcoin Mining Update
31st Mar 20237:00 amPRNRollover of Directors' REPO
22nd Mar 20237:00 amPRNBitcoin Mining Report
21st Mar 20234:35 pmRNSPrice Monitoring Extension
15th Mar 20237:00 amPRNUpdate on Sipiem Court Appeal
2nd Mar 202312:25 pmPRNAIM Rule 17 Schedule Update
18th Jan 20238:20 amPRNAltcoins Opportunities
6th Jan 20237:00 amPRNR&D Update - Quantum Computing
20th Dec 20227:00 amPRNGrant of Options
16th Dec 20227:00 amPRNRollover of Director's REPO
1st Dec 20227:00 amPRNUpdate on Legal Claim
25th Nov 202210:13 amPRNAppointment of NED - Correction
25th Nov 20228:11 amPRNAppointment of NED
15th Nov 20227:00 amPRNUpdate on Bitcoin R&D
29th Sep 20227:00 amPRNRollover of REPO
12th Sep 20227:30 amRNSRestoration - Quantum Blockchain Technologies plc
16th Aug 20227:30 amRNSSuspension - Quantum Blockchain Technologies PLC
2nd Aug 20227:00 amPRNUpdate on Legal Claims
22nd Jul 20221:12 pmPRNResult of AGM
1st Jul 20227:00 amPRNRollover of Director's REPO
30th Jun 20224:24 pmPRNAGM Date
30th Jun 20227:00 amPRNFinal Results
23rd May 20227:00 amPRNUpdate on Bitcoin Mining R&D
5th May 202212:09 pmPRNUpdate on Final Sipiem Court Hearing
21st Apr 202211:43 amPRNResult of Bondholders Meeting
6th Apr 20227:00 amPRNZero Coupon Bond - Maturity Extension
31st Mar 20227:00 amPRNExercise of Warrants
30th Mar 20222:02 pmPRNCall of Bondholders Meeting
11th Mar 20224:41 pmRNSSecond Price Monitoring Extn
11th Mar 20224:35 pmRNSPrice Monitoring Extension
11th Mar 20227:00 amPRNBitcoin Mining R&D Update
24th Feb 202211:06 amRNSSecond Price Monitoring Extn
24th Feb 202211:01 amRNSPrice Monitoring Extension
24th Feb 20229:05 amRNSSecond Price Monitoring Extn
24th Feb 20229:00 amRNSPrice Monitoring Extension
19th Jan 202210:40 amPRNSipiem Court Case Update
12th Jan 20227:00 amPRNExercise of Warrants

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